Norway’s Fund to Vote Against Elon Musk’s $56 Billion Pay Deal
Norges Bank Investment Management, which oversees Norway’s sovereign wealth fund, is set to oppose Elon Musk’s $56 billion pay package at Tesla’s upcoming shareholder meeting. In a recently released statement, Norges Bank Investment Management acknowledged the value Musk’s leadership has brought since the 2018 grant. Still, the fund is concerned about the award’s total size, … Read more
