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Rivian gives RJ Scaringe a new pay package worth up to B | TechCrunch

Rivian gives RJ Scaringe a new pay package worth up to $5B | TechCrunch

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Rivian has given its founder and CEO RJ Scaringe a new performance-based stock award that could ultimately be worth around $5 billion if all the underlying goals are met, according to a new filing.

Scaringe’s salary is also being doubled to $2 million per year, and he was given a 10% stake in Rivian’s newest spinout Mind Robotics, the filing shows.

The announcement comes just one day after Tesla shareholders voted to approve a compensation package for its CEO Elon Musk that could be worth $1 trillion — the largest in corporate history.

Unlike Musk’s pay package, Scaringe’s isn’t subject to a shareholder vote. The compensation committee on Rivian’s board of directors has canceled a similar-sized performance award given to Scaringe in 2021 as part of a company-wide equity incentive plan adopted that year. The new award is being issued under the same, already-approved 2021 equity incentive plan.

The committee decided to cancel the 2021 performance award in part because of the “unlikeliness” that Scaringe could reach the goals required. The 2021 award consisted of 20,355,946 stock options that vested in part based on stock price increases. Six years past the grant date, if Rivian’s share price passed $110, $150, $220, and $295, Scaringe would be able to purchase the stock options in corresponding tranches for just $21.72.

Rivian’s stock shot up to around $129 following its IPO in November 2021. But it fell to around $30 over the next six months, and has spent the last few years typically trading between $10 and $20. This has made it harder for Scaringe to access even part of the 2021 award, let alone the total value of around $6 billion, according to the company. (Scaringe was awarded another 6.8 million stock options that simply vest over time in the 2021 award that were not tied to performance, and the company says those have not been canceled.)

In the filing, Rivian wrote that this created a “lack of incentive.” So the compensation committee decided to replace the old award with this new one.

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“Following a review, and input from an independent compensation consultant, the Compensation Committee cancelled our CEO’s 2021 Performance Grant and issued a new performance stock option and increased our CEO’s base salary,” Rivian said in a statement to TechCrunch. “This new award is designed to retain and incentivize RJ to execute on the Company’s critical next phase as it progresses its technology roadmap and launches R2.”

Similar to how Tesla pitched its new award to Musk, Rivian also said the performance grant to Scaringe is “structured in such a way that ensures the options only vest should the company deliver significant value to our shareholders.” The company pointed out that Scaringe won’t see $1 from the award before he helps add $32 billion in value to Rivian, and that shareholders will see “$153 billion of value creation” if he hits all milestones.

The maximum amount of shares available to Scaringe under new performance award is 36,500,000. He has 10 years to hit milestones that unlock the full amount, and if he does, he would own an additional 3% of the company. (Scaringe currently owns about 1% of Rivian, down from around 2% earlier this year after he transferred a portion of his holdings to his ex-wife as part of their divorce settlement, as TechCrunch first reported.)

A majority of those stock options — 22 million — is tied to new stock price hurdles. Scaringe will earn 2 million shares once Rivian’s stock hits $40, and then another 2 million shares for every $10 increase up to a stock price of $140.

The remaining 14,500,000 stock options are locked away until Rivian reaches certain adjusted operating income and cash flow targets. Scaringe will have to pay a strike price of $15.22 per share to exercise these options — a possible total of around $555 million.

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#Factor #Promo #Codescoupons,shopping">Factor Promo Codes for May 2026Sometimes, eating makes me feel like Sisyphus. Every day, I must toil up the mountain and the rock to figure out what the heck I want to eat for breakfast, lunch, and dinner. I tested Factor meals earlier this year, and they’re a solid option if you’re the type of person that doesn’t want to fuss over your food. With expansive menus and an emphasis on tracking macros and nutrition, you can simply pick out your meals, get them delivered, and then reheat them in the microwave or oven when it’s time to eat.Texture eaters might not love Factor’s meals, which tend to be a little mushy. They’re still tasty and very filling. I suggest accompanying them with some crisp veggies, parmesan snaps, or fresh fruit to jazz up the texture a bit. If you’re the kind of person that can meal prep a week’s worth of chicken and rice and happily eat it every day, Factor is going to be right up your alley. Right now, you can save with this Factor coupon and get up to 0 off 6 boxes. Just follow one of our links above, and enjoy your discounted meal kits.Save With Factor Coupons and Get Meals Tailored to Your Health GoalsNot only is Factor a convenient way to make protein-packed meals in minutes, they also have tons of choices tailored to your dietary needs and preferences. Different Factor meal categories you can choose from include GLP-1 Support, Low Carb, Fiber Filled, and Calorie Smart, ensuring that whatever health goal you may have, Factor has the meals to get you to reach that goal through convenient, pre-prepared meals.Use Factor Promo Code for Keto Diet Food DeliveryIf you want to get serious about your health goals, Factor makes it easy, with prepared keto meal delivery from Factor. Whatever your health goal may be, Factor’s prepared meal delivery makes it easy to stick to a keto diet plan and lose weight, using chef-prepared keto meals that are ready to eat in just a few minutes. Whether you want to use Factor for a keto diet food delivery service, or just want a healthy meal delivery plan, Factor makes it easy (and our promo codes make it cheaper).Get High Protein Meals for LessFactor is one of the easiest ways to conveniently get high-protein, chef prepared meals that are reheatable and ready in two minutes. These meals are not only packed with protein, but are also dietitian-approved and prepared by chefs. Each has 30 to 50 grams of protein per serving, making it super easy to hit those nutrition goals without any extra work in the kitchen from you. Once you decide, you’ll pick from a new rotating menu of over 100 dietitian- and chef-designed meals, including add-on options each week that are especially tailored to a high-protein diet.Does Factor Offer Free Shipping?Factor wants to reward adventurous (and healthy) eaters, by offering 50% off your first subscription box, plus free shipping. The offer is only valid for new Factor customers with a qualifying auto-renewing subscription purchase (and you’ll still get an shipping fee on subsequent boxes).Discover More Ways to Save With FactorFactor offers year-round promotions and savings, so you should always keep an eye out for an opportunity to save some cash. First responders, teachers, medical providers, nurses, doctors, military members, and veterans can take advantage of the Factor Hero Discount to save 55% on their first order and up to 15% on every box for the first year. Save the most with Factor first-order discounts, and what all the fuss is about.#Factor #Promo #Codescoupons,shopping

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Save With Factor Coupons and Get Meals Tailored to Your Health Goals

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Use Factor Promo Code for Keto Diet Food Delivery

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Does Factor Offer Free Shipping?

Factor wants to reward adventurous (and healthy) eaters, by offering 50% off your first subscription box, plus free shipping. The offer is only valid for new Factor customers with a qualifying auto-renewing subscription purchase (and you’ll still get an $11 shipping fee on subsequent boxes).

Discover More Ways to Save With Factor

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#Factor #Promo #Codescoupons,shopping">Factor Promo Codes for May 2026

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Texture eaters might not love Factor’s meals, which tend to be a little mushy. They’re still tasty and very filling. I suggest accompanying them with some crisp veggies, parmesan snaps, or fresh fruit to jazz up the texture a bit. If you’re the kind of person that can meal prep a week’s worth of chicken and rice and happily eat it every day, Factor is going to be right up your alley. Right now, you can save with this Factor coupon and get up to $130 off 6 boxes. Just follow one of our links above, and enjoy your discounted meal kits.

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Discover More Ways to Save With Factor

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Whenever The Bear introduces a new female character, I pray she doesn’t become a love interest for one of the male leads. Not because I hate romance, but because I specifically hate the way The Bear does romance.

SEE ALSO: ‘The Bear’ just dropped a surprise episode. Here’s how to watch it now.

The clearest offender is Carmy’s (Jeremy Allen White) relationship with Claire (Molly Gordon). A childhood friend who re-enters Carmy’s life, Claire is less a real human character than she is a walking self-help book for Carmy. She spends almost every moment she’s on screen talking about him: her memories of him, his mental health struggles, his relationship with his family. In theory, she has a life apart from Carmy — her defining character trait outside of being his girlfriend is vaguely “nurse” — but in watching The Bear, you wouldn’t know it.

Usually a great performer (see: Shiva Baby, Oh, Hi!, and more), Gordon is reduced to two modes here: luminous love interest hanging onto Carmy’s every word, or calming therapist. She’s not the only Bear character to meet this fate. As The Bear builds Ever staffer Jessica (Sarah Ramos) into a possible match for Richie (Ebon Moss-Bachrach), it replaces her level-headed expertise with empty platitudes designed to ground him. (Season 4 line “honesty is sanity” made me want to drive my head through a wall.) Elsewhere, Richie’s ex-wife, Tiffany (Gillian Jacobs), acts as a similar pillar of support.

SEE ALSO: ‘The Bear’s ‘Gary’ cliffhanger explained: What just happened to Richie?

Their heads constantly askew, their eyes lit up in adoration, their mouths always ready to offer up an eager laugh or some cornball advice, these characters morph into The Bear‘s single idea of a Woman In Love. Now, The Bear‘s standalone episode “Gary” offers a new addition to this pantheon: Sherri (Marin Ireland) from Gary, Indiana.

Sherri is a woman whom Richie and Mikey (Jon Bernthal) meet at a bar while on a work trip to Gary. She immediately strikes up a rapport with Mikey, playing a private game of “Fact or Fiction” with him, listening to his complicated woes while nestled together in a bathroom stall, and stealing his beanie and wearing it like a middle schooler trying to get a rise out of a crush. It’s a level of blindly supportive compassion we haven’t seen since Claire Bear, and Ireland, typically a huge asset to any project, soon becomes trapped in The Bear‘s love interest archetype. (Someone please ban affectionate head tilts from the set of The Bear, effective immediately.)

While Sherri feels like she was meant to be a moment of bright connection in Mikey’s life, maybe even “the one that got away,” she really just comes across as an empty vessel for him to pour his trauma into. “What are you looking for, Michael?” she wonders. Later, when he asks permission to do a bump of cocaine, she simply responds, “I want you to be you.” It’s a series of faux-deep exchanges that even two great performers can’t sell. (It doesn’t help that Bernthal and Moss-Bachrach wrote the episode.)

That faux-deepness is what sinks The Bear‘s other romances, too. The show tries to force these deep, cosmic connections, but it forgets that these relationships should be a two-way street. Perhaps that’s why many viewers are drawn to shipping Carmy and Sydney (Ayo Edebiri). While the showrunners have affirmed that their relationship is platonic — and I personally agree with that choice — what sets this hypothetical pairing apart is that they each have such rich lives, both in their work together and their time apart. That’s because The Bear is invested in both of them as characters, rather than just using one as a device to unlock the other. You simply can’t say the same of The Bear‘s other romantic pairings, and the release of “Gary” further proves that romance is the recipe The Bear has yet to master.

“Gary” is now streaming on Hulu. The Bear Season 5 premieres this June on Hulu.

#Bears #onedimensional #love #interests">‘The Bear’s one-dimensional love interests have got to go Whenever The Bear introduces a new female character, I pray she doesn’t become a love interest for one of the male leads. Not because I hate romance, but because I specifically hate the way The Bear does romance. SEE ALSO: ‘The Bear’ just dropped a surprise episode. Here’s how to watch it now. The clearest offender is Carmy’s (Jeremy Allen White) relationship with Claire (Molly Gordon). A childhood friend who re-enters Carmy’s life, Claire is less a real human character than she is a walking self-help book for Carmy. She spends almost every moment she’s on screen talking about him: her memories of him, his mental health struggles, his relationship with his family. In theory, she has a life apart from Carmy — her defining character trait outside of being his girlfriend is vaguely “nurse” — but in watching The Bear, you wouldn’t know it.Usually a great performer (see: Shiva Baby, Oh, Hi!, and more), Gordon is reduced to two modes here: luminous love interest hanging onto Carmy’s every word, or calming therapist. She’s not the only Bear character to meet this fate. As The Bear builds Ever staffer Jessica (Sarah Ramos) into a possible match for Richie (Ebon Moss-Bachrach), it replaces her level-headed expertise with empty platitudes designed to ground him. (Season 4 line “honesty is sanity” made me want to drive my head through a wall.) Elsewhere, Richie’s ex-wife, Tiffany (Gillian Jacobs), acts as a similar pillar of support. SEE ALSO: ‘The Bear’s ‘Gary’ cliffhanger explained: What just happened to Richie? Their heads constantly askew, their eyes lit up in adoration, their mouths always ready to offer up an eager laugh or some cornball advice, these characters morph into The Bear‘s single idea of a Woman In Love. Now, The Bear‘s standalone episode “Gary” offers a new addition to this pantheon: Sherri (Marin Ireland) from Gary, Indiana. Mashable Top Stories Sherri is a woman whom Richie and Mikey (Jon Bernthal) meet at a bar while on a work trip to Gary. She immediately strikes up a rapport with Mikey, playing a private game of “Fact or Fiction” with him, listening to his complicated woes while nestled together in a bathroom stall, and stealing his beanie and wearing it like a middle schooler trying to get a rise out of a crush. It’s a level of blindly supportive compassion we haven’t seen since Claire Bear, and Ireland, typically a huge asset to any project, soon becomes trapped in The Bear‘s love interest archetype. (Someone please ban affectionate head tilts from the set of The Bear, effective immediately.)While Sherri feels like she was meant to be a moment of bright connection in Mikey’s life, maybe even “the one that got away,” she really just comes across as an empty vessel for him to pour his trauma into. “What are you looking for, Michael?” she wonders. Later, when he asks permission to do a bump of cocaine, she simply responds, “I want you to be you.” It’s a series of faux-deep exchanges that even two great performers can’t sell. (It doesn’t help that Bernthal and Moss-Bachrach wrote the episode.) That faux-deepness is what sinks The Bear‘s other romances, too. The show tries to force these deep, cosmic connections, but it forgets that these relationships should be a two-way street. Perhaps that’s why many viewers are drawn to shipping Carmy and Sydney (Ayo Edebiri). While the showrunners have affirmed that their relationship is platonic — and I personally agree with that choice — what sets this hypothetical pairing apart is that they each have such rich lives, both in their work together and their time apart. That’s because The Bear is invested in both of them as characters, rather than just using one as a device to unlock the other. You simply can’t say the same of The Bear‘s other romantic pairings, and the release of “Gary” further proves that romance is the recipe The Bear has yet to master.“Gary” is now streaming on Hulu. The Bear Season 5 premieres this June on Hulu. #Bears #onedimensional #love #interests

The Bear introduces a new female character, I pray she doesn’t become a love interest for one of the male leads. Not because I hate romance, but because I specifically hate the way The Bear does romance.

SEE ALSO: ‘The Bear’ just dropped a surprise episode. Here’s how to watch it now.

The clearest offender is Carmy’s (Jeremy Allen White) relationship with Claire (Molly Gordon). A childhood friend who re-enters Carmy’s life, Claire is less a real human character than she is a walking self-help book for Carmy. She spends almost every moment she’s on screen talking about him: her memories of him, his mental health struggles, his relationship with his family. In theory, she has a life apart from Carmy — her defining character trait outside of being his girlfriend is vaguely “nurse” — but in watching The Bear, you wouldn’t know it.

Usually a great performer (see: Shiva Baby, Oh, Hi!, and more), Gordon is reduced to two modes here: luminous love interest hanging onto Carmy’s every word, or calming therapist. She’s not the only Bear character to meet this fate. As The Bear builds Ever staffer Jessica (Sarah Ramos) into a possible match for Richie (Ebon Moss-Bachrach), it replaces her level-headed expertise with empty platitudes designed to ground him. (Season 4 line “honesty is sanity” made me want to drive my head through a wall.) Elsewhere, Richie’s ex-wife, Tiffany (Gillian Jacobs), acts as a similar pillar of support.

SEE ALSO: ‘The Bear’s ‘Gary’ cliffhanger explained: What just happened to Richie?

Their heads constantly askew, their eyes lit up in adoration, their mouths always ready to offer up an eager laugh or some cornball advice, these characters morph into The Bear‘s single idea of a Woman In Love. Now, The Bear‘s standalone episode “Gary” offers a new addition to this pantheon: Sherri (Marin Ireland) from Gary, Indiana.

Sherri is a woman whom Richie and Mikey (Jon Bernthal) meet at a bar while on a work trip to Gary. She immediately strikes up a rapport with Mikey, playing a private game of “Fact or Fiction” with him, listening to his complicated woes while nestled together in a bathroom stall, and stealing his beanie and wearing it like a middle schooler trying to get a rise out of a crush. It’s a level of blindly supportive compassion we haven’t seen since Claire Bear, and Ireland, typically a huge asset to any project, soon becomes trapped in The Bear‘s love interest archetype. (Someone please ban affectionate head tilts from the set of The Bear, effective immediately.)

While Sherri feels like she was meant to be a moment of bright connection in Mikey’s life, maybe even “the one that got away,” she really just comes across as an empty vessel for him to pour his trauma into. “What are you looking for, Michael?” she wonders. Later, when he asks permission to do a bump of cocaine, she simply responds, “I want you to be you.” It’s a series of faux-deep exchanges that even two great performers can’t sell. (It doesn’t help that Bernthal and Moss-Bachrach wrote the episode.)

That faux-deepness is what sinks The Bear‘s other romances, too. The show tries to force these deep, cosmic connections, but it forgets that these relationships should be a two-way street. Perhaps that’s why many viewers are drawn to shipping Carmy and Sydney (Ayo Edebiri). While the showrunners have affirmed that their relationship is platonic — and I personally agree with that choice — what sets this hypothetical pairing apart is that they each have such rich lives, both in their work together and their time apart. That’s because The Bear is invested in both of them as characters, rather than just using one as a device to unlock the other. You simply can’t say the same of The Bear‘s other romantic pairings, and the release of “Gary” further proves that romance is the recipe The Bear has yet to master.

“Gary” is now streaming on Hulu. The Bear Season 5 premieres this June on Hulu.

#Bears #onedimensional #love #interests">‘The Bear’s one-dimensional love interests have got to go

Whenever The Bear introduces a new female character, I pray she doesn’t become a love interest for one of the male leads. Not because I hate romance, but because I specifically hate the way The Bear does romance.

SEE ALSO: ‘The Bear’ just dropped a surprise episode. Here’s how to watch it now.

The clearest offender is Carmy’s (Jeremy Allen White) relationship with Claire (Molly Gordon). A childhood friend who re-enters Carmy’s life, Claire is less a real human character than she is a walking self-help book for Carmy. She spends almost every moment she’s on screen talking about him: her memories of him, his mental health struggles, his relationship with his family. In theory, she has a life apart from Carmy — her defining character trait outside of being his girlfriend is vaguely “nurse” — but in watching The Bear, you wouldn’t know it.

Usually a great performer (see: Shiva Baby, Oh, Hi!, and more), Gordon is reduced to two modes here: luminous love interest hanging onto Carmy’s every word, or calming therapist. She’s not the only Bear character to meet this fate. As The Bear builds Ever staffer Jessica (Sarah Ramos) into a possible match for Richie (Ebon Moss-Bachrach), it replaces her level-headed expertise with empty platitudes designed to ground him. (Season 4 line “honesty is sanity” made me want to drive my head through a wall.) Elsewhere, Richie’s ex-wife, Tiffany (Gillian Jacobs), acts as a similar pillar of support.

SEE ALSO: ‘The Bear’s ‘Gary’ cliffhanger explained: What just happened to Richie?

Their heads constantly askew, their eyes lit up in adoration, their mouths always ready to offer up an eager laugh or some cornball advice, these characters morph into The Bear‘s single idea of a Woman In Love. Now, The Bear‘s standalone episode “Gary” offers a new addition to this pantheon: Sherri (Marin Ireland) from Gary, Indiana.

Sherri is a woman whom Richie and Mikey (Jon Bernthal) meet at a bar while on a work trip to Gary. She immediately strikes up a rapport with Mikey, playing a private game of “Fact or Fiction” with him, listening to his complicated woes while nestled together in a bathroom stall, and stealing his beanie and wearing it like a middle schooler trying to get a rise out of a crush. It’s a level of blindly supportive compassion we haven’t seen since Claire Bear, and Ireland, typically a huge asset to any project, soon becomes trapped in The Bear‘s love interest archetype. (Someone please ban affectionate head tilts from the set of The Bear, effective immediately.)

While Sherri feels like she was meant to be a moment of bright connection in Mikey’s life, maybe even “the one that got away,” she really just comes across as an empty vessel for him to pour his trauma into. “What are you looking for, Michael?” she wonders. Later, when he asks permission to do a bump of cocaine, she simply responds, “I want you to be you.” It’s a series of faux-deep exchanges that even two great performers can’t sell. (It doesn’t help that Bernthal and Moss-Bachrach wrote the episode.)

That faux-deepness is what sinks The Bear‘s other romances, too. The show tries to force these deep, cosmic connections, but it forgets that these relationships should be a two-way street. Perhaps that’s why many viewers are drawn to shipping Carmy and Sydney (Ayo Edebiri). While the showrunners have affirmed that their relationship is platonic — and I personally agree with that choice — what sets this hypothetical pairing apart is that they each have such rich lives, both in their work together and their time apart. That’s because The Bear is invested in both of them as characters, rather than just using one as a device to unlock the other. You simply can’t say the same of The Bear‘s other romantic pairings, and the release of “Gary” further proves that romance is the recipe The Bear has yet to master.

“Gary” is now streaming on Hulu. The Bear Season 5 premieres this June on Hulu.

#Bears #onedimensional #love #interests

In addition to the Gemini upgrade, Google also announced improvements to the camera experience, new automation capabilities, and two public previews: Ask Home on Web and a new notification feature. Ask Home on Web will allow Google Home users to manage their smart home from a computer, including searching camera history with natural language, checking on devices, and creating automations. Google is also releasing a public preview for “improved and expanded notifications” that include “quick action” buttons that can be used for device control directly in the notification.

#Google #Homes #Gemini #handle #complicated #requestsAI,Google,News,Smart Home,Tech">Google Home’s Gemini AI can handle more complicated requestsGoogle Home users can now ask Gemini to complete more complex, multi-step tasks and combine multiple tasks in a single command. Google has updated Gemini for Home to Gemini 3.1, which it says will improve the smart home assistant’s ability to interpret and act on requests. The upgrade will also make Gemini for Home better at handling recurring and all-day events and allow users to “move around” upcoming events.In addition to the Gemini upgrade, Google also announced improvements to the camera experience, new automation capabilities, and two public previews: Ask Home on Web and a new notification feature. Ask Home on Web will allow Google Home users to manage their smart home from a computer, including searching camera history with natural language, checking on devices, and creating automations. Google is also releasing a public preview for “improved and expanded notifications” that include “quick action” buttons that can be used for device control directly in the notification.#Google #Homes #Gemini #handle #complicated #requestsAI,Google,News,Smart Home,Tech

updated Gemini for Home to Gemini 3.1, which it says will improve the smart home assistant’s ability to interpret and act on requests. The upgrade will also make Gemini for Home better at handling recurring and all-day events and allow users to “move around” upcoming events.

In addition to the Gemini upgrade, Google also announced improvements to the camera experience, new automation capabilities, and two public previews: Ask Home on Web and a new notification feature. Ask Home on Web will allow Google Home users to manage their smart home from a computer, including searching camera history with natural language, checking on devices, and creating automations. Google is also releasing a public preview for “improved and expanded notifications” that include “quick action” buttons that can be used for device control directly in the notification.

#Google #Homes #Gemini #handle #complicated #requestsAI,Google,News,Smart Home,Tech">Google Home’s Gemini AI can handle more complicated requests

Google Home users can now ask Gemini to complete more complex, multi-step tasks and combine multiple tasks in a single command. Google has updated Gemini for Home to Gemini 3.1, which it says will improve the smart home assistant’s ability to interpret and act on requests. The upgrade will also make Gemini for Home better at handling recurring and all-day events and allow users to “move around” upcoming events.

In addition to the Gemini upgrade, Google also announced improvements to the camera experience, new automation capabilities, and two public previews: Ask Home on Web and a new notification feature. Ask Home on Web will allow Google Home users to manage their smart home from a computer, including searching camera history with natural language, checking on devices, and creating automations. Google is also releasing a public preview for “improved and expanded notifications” that include “quick action” buttons that can be used for device control directly in the notification.

#Google #Homes #Gemini #handle #complicated #requestsAI,Google,News,Smart Home,Tech

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