Norway Wealth Fund Opposes Musk's $1 Trillion Tesla Pay Package

Reported about 12 hours ago

Norway's sovereign wealth fund announced it will vote against Tesla CEO Elon Musk's proposed $1 trillion compensation package during the upcoming annual general meeting. The fund expressed concerns over the excessive size of the award, potential dilution, and risks associated with Musk's departure. Tesla shareholders will decide on the package approval on November 6.

Source: YAHOO

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