v3.25.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Year
Summary compensation table total for PEO(1)
($)
Compensation actually paid to PEO (1)(2)
($)
Average summary compensation table total for non-PEO named executive officers(1)
($)
Average compensation actually paid to non-PEO named executive officers (1)(3)
($)
Value of initial fixed $100 investment based on:Net loss
($)
Gross Profit ($)(5)
Total shareholder return (4)
($)
Peer group total shareholder return(4)
($)
2024
14,892,215 (99,007,921)4,596,498 (5,930,505)13.20 89.50 (4,746,000,000)(1,200,000,000)
202314,354,080 36,328,396 8,387,695 11,530,019 23.29 83.00 (5,432,000,000)(2,030,000,000)
20221,014,785 (1,991,817,641)3,796,416 (51,055,180)18.30 65.34 (6,752,000,000)(3,123,000,000)
2021422,140,679 2,339,784,810 18,107,278 44,605,170 102.94 94.48 (4,688,000,000)(465,000,000)
     
Named Executive Officers, Footnote The NEOs included in the table above were:
YearPrincipal Executive Officer (PEO)Non-PEO NEOs
2024
Robert J. ScaringeClaire McDonough and Kjell Gruner
2023
Robert J. Scaringe
Claire McDonough and Kjell Gruner
2022Robert J. ScaringeClaire McDonough and Jiten Behl
2021Robert J. ScaringeClaire McDonough, Jiten Behl and Ryan Green
Ryan Green was our former Chief Financial Officer until January 2021 and our former Senior Vice President and Corporate Controller until May 2021.
     
Peer Group Issuers, Footnote Total shareholder return is cumulative for the measurement periods beginning at market close on November 10, 2021, which is the first day our Class A Common Stock began trading. The peer group for purposes of this table is the NASDAQ OMX Global Automotive index as presented in Item 5 in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024.      
PEO Total Compensation Amount $ 14,892,215 $ 14,354,080 $ 1,014,785 $ 422,140,679
PEO Actually Paid Compensation Amount $ (99,007,921) 36,328,396 (1,991,817,641) 2,339,784,810
Adjustment To PEO Compensation, Footnote The amounts are computed in accordance with ASC Topic 718. The assumptions used in calculating the fair value are set forth in Note 10 to the audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. To calculate Compensation Actually Paid for the PEO, the following adjustments were made to Summary Compensation Table total compensation, calculated in accordance with the SEC methodology for determining Compensation Actually Paid for each year shown:
PEO
2024
($)
2023
($)
2022
($)
2021
($)
Summary Compensation Table Total for PEO14,892,215 14,354,080 1,014,785 422,140,679 
Less, value of equity awards reported in the Summary Compensation Table
(13,255,966)(13,239,067)(2,267)(421,364,482)
Plus, year-end fair value of equity awards granted during applicable year that are unvested
9,750,375 15,463,156 — 1,883,836,185 
Change, in fair value of equity awards granted in prior years that are unvested
(98,606,066)20,940,755 (1,723,047,376)407,989,700 
Plus, fair value as of vesting date of equity awards granted and vested in the year
917,224 184,267 — — 
Change, in fair value of equity awards granted in prior years that vested in the year
(12,705,703)(1,374,795)(269,782,783)47,182,728 
Compensation Actually Paid for PEO (99,007,921)36,328,396 (1,991,817,641)2,339,784,810 
     
Non-PEO NEO Average Total Compensation Amount $ 4,596,498 8,387,695 3,796,416 18,107,278
Non-PEO NEO Average Compensation Actually Paid Amount $ (5,930,505) 11,530,019 (51,055,180) 44,605,170
Adjustment to Non-PEO NEO Compensation Footnote The amounts are computed in accordance with ASC Topic 718. The assumptions used in calculating the fair value are set forth in Note 10 to the audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. To calculate average Compensation Actually Paid for the non-PEO NEOs, the following adjustments were made to Summary Compensation Table total compensation, calculated in accordance with the SEC methodology for determining Compensation Actually Paid for each year shown:
Non-PEO NEOs
2024
($)
2023
($)
2022
($)
2021
($)
Summary Compensation Table Average for Non-PEO NEOs4,596,498 8,387,695 3,796,416 18,107,278 
Less, value of equity awards reported in the Summary Compensation Table
(3,823,115)(7,184,516)(3,215,217)(17,710,842)
Plus, year-end fair value of equity awards granted during applicable year that are unvested
2,812,612 9,634,741 1,302,361 27,672,382 
Change, in fair value of equity awards granted in prior years that are unvested
(2,558,175)644,233 (34,773,808)14,855,104 
Plus, fair value as of vesting date of equity awards granted and vested in the year
291,069 62,148 87,734 — 
Change, in fair value of equity awards granted in prior years that vested in the year
(1,956,245)(14,282)(18,252,666)1,903,203 
Less, fair value of equity awards that failed to meet vesting conditions in the year
(5,293,149)— — (221,955)
Compensation Actually Paid for Non-PEO NEOs (5,930,505)11,530,019 (51,055,180)44,605,170 
     
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid Versus Company and Peer Group Total Shareholder Return
4644
     
Compensation Actually Paid vs. Net Income
Compensation Actually Paid Versus Net Loss
4690
     
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid Versus Gross Profit
4743
     
Total Shareholder Return Vs Peer Group
Compensation Actually Paid Versus Company and Peer Group Total Shareholder Return
4644
     
Tabular List, Table
Performance Measures
Vehicle Delivery Volumes
Vehicle Quality
Product Development
 FY Cash Operating Expense
Gross Profit
     
Total Shareholder Return Amount $ 13.20 23.29 18.30 102.94
Peer Group Total Shareholder Return Amount 89.50 83.00 65.34 94.48
Net Income (Loss) $ (4,746,000,000) $ (5,432,000,000) $ (6,752,000,000) $ (4,688,000,000)
PEO Name Robert J. Scaringe Robert J. Scaringe Robert J. Scaringe Robert J. Scaringe
Additional 402(v) Disclosure The following table sets forth an unranked list of the most important measures used by the Company to link Compensation Actually Paid to our NEOs for 2024 to Company performance. FY Cash Operating Expense is a non-GAAP financial measure and is defined as total operating expenses less research and development and selling, general and administrative depreciation and amortization expenses, and research and development and selling, general and administrative stock-based compensation expenses. We further adjusted FY Cash Operating Expense to exclude one-time costs of $83 million related to our first fiscal quarter restructuring, asset write-offs related to our manufacturing facility near the city of Social Circle, Georgia and Rivian VW Group Technologies start up costs. For further information regarding these measures, please see “Compensation Discussion and Analysis” beginning on page 30.      
Measure:: 1        
Pay vs Performance Disclosure        
Name Vehicle Delivery Volumes      
Measure:: 2        
Pay vs Performance Disclosure        
Name Vehicle Quality      
Measure:: 3        
Pay vs Performance Disclosure        
Name Product Development      
Measure:: 4        
Pay vs Performance Disclosure        
Name FY Cash Operating Expense      
Measure:: 5        
Pay vs Performance Disclosure        
Name Gross Profit      
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (13,255,966) $ (13,239,067) $ (2,267) $ (421,364,482)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 9,750,375 15,463,156 0 1,883,836,185
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (98,606,066) 20,940,755 (1,723,047,376) 407,989,700
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 917,224 184,267 0 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (12,705,703) (1,374,795) (269,782,783) 47,182,728
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (3,823,115) (7,184,516) (3,215,217) (17,710,842)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,812,612 9,634,741 1,302,361 27,672,382
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,558,175) 644,233 (34,773,808) 14,855,104
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 291,069 62,148 87,734 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,956,245) (14,282) (18,252,666) 1,903,203
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (5,293,149) $ 0 $ 0 $ (221,955)