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Rivian to pay $250M over price hike lawsuit
Rivian, the electric vehicle manufacturer, has decided to pay a hefty sum of $250 million to settle a shareholder lawsuit.
The move by the Rivian board shows that the Tesla plan for Musk could become a model for companies aiming to grow fast.
Rivian Automotive (NASDAQ: RIVN) Stock Price Prediction for 2025: Where Will It Be in 1 Year (Nov 5)
Rivian stock has trended upward recently despite facing challenges. Here is a look at where the stock could be in a year.
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Rivian is offering CEO RJ Scaringe up to $4.6 billion if he hits tough profit and stock price targets over ten years
Rivian said on Friday that its board approved a new pay package for CEO RJ Scaringe that could be worth $4.6 billion over the ...
But today, Rivian shares trade at about $13. A $150 investment made at its IPO price (including fractional shares) would have shrunk to a value of around $25. That same investment ...
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Rivian overhauls CEO Scaringe's pay package to $4.55 billion, with new profit, stock-based award
Rivian Automotive on Friday replaced Chief Executive RJ Scaringe's previous compensation plan with a larger stock award that ...
In March 2022, Rivian revealed that prices for the R1T would climb from $67,500 to $79,500, while the R1S would rise from $70 ...
Tesla originally manufactured high-priced performance luxury electric vehicles like the Tesla Roadster. The more affordable Model Y and Model 3 EVs went on to become best-selling models for Tesla, as ...
Rivian has agreed to settle a 2022 shareholder lawsuit. The automaker will pay out $250 million to qualifying investors if ...
The all-electric Rivian R2 SUV will have a Launch Edition variant when it launches in early 2026 and will feature bidirectional charging capability.
Rivian’s make-or-break R2 SUV will be fitted with a newly designed control module that enables bidirectional charging.
Rivian has agreed to pay $250 million to settle a class action shareholder lawsuit filed after the company suddenly hiked prices on its R1 pickup truck and SUV in 2022. The lawsuit alleged Rivian had ...
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