Norway's wealth fund to oppose Tesla's $1-tn pay for Musk
Shristi Acharya, Published on Nov 4th, 2025

World's largest sovereign wealth fund, Norway's Norges Bank Investment Management, will vote against ratifying Tesla CEO Elon Musk's proposed compensation package worth $1 trillion. The wealth fund holds a 1.14% stake in the EV maker with a value of $11.6 billion. The opposition will be seen at the annual general meeting on November 6, where investors will decide the package.
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