I gotta say, $4.6 billion sounds crazy! Like, what if Rivian doesn't meet those lofty goals?
They're already struggling with production delays and softening EV demand. And let's be real, the market is super unpredictable right now. I mean, Volkswagen's investing in a joint venture to help, but that's not gonna magically make up for all the other issues they're facing.
I'm not saying RJ Scaringe doesn't deserve a big payday after building this thing from scratch, but does it have to be tied to such ambitious targets?
What if Rivian gets stuck on those production lines and can't meet the sales expectations? Then what happens to that $4.6 billion windfall? It's all or nothing for Scaringe.
And another thing, I'm curious - who benefits from this plan besides Scaringe himself? The employees? The shareholders?
It feels like a classic case of "the rich get richer" vibes.
I'm not saying RJ Scaringe doesn't deserve a big payday after building this thing from scratch, but does it have to be tied to such ambitious targets?
And another thing, I'm curious - who benefits from this plan besides Scaringe himself? The employees? The shareholders?