In a significant move, Norway's sovereign wealth fund has voted against a proposal to grant Tesla CEO Elon Musk a staggering $1 trillion compensation package, raising concerns about executive pay and shareholder interests.
Norway's $2 trillion sovereign wealth fund has voted against Elon Musk's massive pay package at Tesla, defying management guidance amid a heated shareholder meeting. With Musk threatening to step down, tensions are rising as investors express concerns over executive compensation.