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Norway’s Oil Fund Will Vote Against Musk’s $1 Trillion Pay Deal At Tesla

Norway’s Oil Fund Will Vote Against Musk’s $1 Trillion Pay Deal At Tesla

ToplineNorway’s sovereign wealth fund—a key Tesla shareholder—on Tuesday announced it will vote against the electric carmaker’s proposed new compensation package for CEO Elon Musk, marking the latest investor pushback against the lucrative pay deal, which will be worth around $1 trillion if the company achieves a set of ambitious goals over the next decade. The…

Norway’s Wealth Fund Will Vote Against Musk’s $1 Trillion Pay Deal At Tesla

Norway’s Wealth Fund Will Vote Against Musk’s $1 Trillion Pay Deal At Tesla

ToplineNorway’s sovereign wealth fund—a key Tesla shareholder—on Tuesday announced it will vote against the electric carmaker’s proposed new compensation package for CEO Elon Musk, marking the latest investor pushback against the lucrative pay deal, which will be worth around $1 trillion if the company achieves a set of ambitious goals over the next decade. The…