RJ Scaringe’s headline $403 million pay package isn’t actually money in his pocket. Most of it is grant-date fair value on stock options that only pay out if Rivian’s stock more than doubles, the company hits real profitability targets, and he stays CEO long enough to see it through. The cash he actually took home in 2025 looks more like $25 million, and most of that came from selling existing shares back to the Also spinout.
Rivian confirmed today that Borealis won't be available on the R2 Launch Edition and will instead show up later on the R2 Performance trim. Forest Green is still coming to Launch Edition later this year, Coastal Cloud Signature might join the list too, and Esker Silver will be the only no-cost color on R2.
ALSO sent reservation holders an update confirming the first TM-B Launch Edition bikes are still on track for late spring, with the very first units shipping at the end of June and the next status email landing in May.
The first video of the production R2's rear wiper is here, and it works exactly like you'd hope it would. Whether that hidden pocket holds up against snow, mud, and trail debris is the real test, and that one is still ahead.
Rivian has filled its top marketing seat. Jenny Lewis, formerly CMO at The Knot Worldwide, is joining as VP, Head of Marketing and eCommerce, ending the stretch where RJ Scaringe had been holding the role in an interim capacity since October 2025. The hire lands right as Rivian heads into its biggest marketing push yet with R2 first drives, the Block Party tour, and a wider brand expansion all on deck.
