Rivian CEO Could Earn Up to $4.6 Billion Under Musk-Style Plan

The electric vehicle maker’s chief executive is positioned to receive performance-based pay modeled on Elon Musk’s approach.

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Terms & Concepts
  • Performance-based compensation: Pay structure where earnings depend on achieving specific corporate or financial goals, often resulting in high rewards for strong performance.
  • Electric vehicle maker: A company that designs and manufactures cars powered entirely or partly by electricity instead of gasoline.