Tesla (NASDAQ: TSLA) has evolved from its Roadster origins into a leading electric vehicle (EV) manufacturer, prompting newer companies like Rivian Automotive (NASDAQ: RIVN) to mirror its strategies. Recently, Rivian is facing scrutiny for adjusting its CEO compensation amidst a backdrop of controversy, similar to Tesla’s recent shareholder approval of Elon Musk’s extensive pay package, potentially worth $1 trillion over ten years. This situation raises questions for investors about executive pay in the rapidly growing EV sector.
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