Rivian just approved a new pay package for CEO RJ Scaringe that could be worth up to $4.6 billion over the next decade, and while it draws clear inspiration from Tesla’s famous Elon Musk deal, there are some big differences. As Reuters reports, Scaringe’s new plan ties his payout not just to Rivian’s stock price but also to operating income and cash flow targets, adding…

Rivian just dropped its Q3 2025 shareholder letter, and there’s a lot to unpack. The company posted its strongest delivery quarter of the year, continued to tighten up costs, and gave a clearer picture of how the R2 is shaping up as it heads toward launch in 2026. Rivian produced 10,720 vehicles at its Normal, Illinois plant and delivered 13,201…

As first reported by Bloomberg, Rivian plans to tap into its $6.6 billion US Department of Energy loan after completing construction of its new Georgia factory but before production begins in 2028. Chief Financial Officer Claire McDonough shared the update Tuesday in Detroit, explaining that Rivian expects to start building the plant next year and then seek reimbursement from the…

Rivian has officially opened Rivian Commons, a new community hub in Atlanta. The space is part of Rivian’s new East Coast Headquarters and serves as a welcoming spot for people to learn about the brand, check out its vehicles, and see what’s coming next for Rivian in Georgia. The grand opening took place on October 25, featuring local vendors, activities,…

Rivian CEO RJ Scaringe is taking on a new title, interim Chief Marketing Officer, as part of a company-wide restructuring ahead of next year’s R2 launch. According to an internal email obtained by TechCrunch, Scaringe will temporarily oversee Rivian’s marketing and creative teams while the company searches for its first-ever CMO. The move comes alongside another round of layoffs affecting about…