Elon Musk Tesla compensation

Shareholders Approve Elon’s $56B Pay But He Won’t Get The Money Just Yet – Here’s Why

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Tesla shareholders voted in favour of Elon Musk’s pay package at Thursday’s annual meeting, following weeks of campaigning by the company. However, he will not receive the compensation immediately. Tesla shareholders endorsed a $45 billion pay package for Musk following a hard-fought vote of confidence. The result comes as the 52-year-old billionaire tycoon battles for … Read more

Norway’s Fund to Vote Against Elon Musk’s $56 Billion Pay Deal

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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