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Norway wealth fund to vote against Musk’s $1 trillion Tesla pay package

Norway’s sovereign wealth fund, the world’s largest, said on Tuesday it would vote against ratifying Tesla CEO Elon Musk’s proposed compensation package, containing shares worth up to $1 trillion, at an annual general meeting this week.

Investors in the electric-vehicle maker will decide on November 6 whether to approve the package, likely the largest-ever CEO compensation agreement, which critics have called excessive.
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Source: Reuters | Published: 2025-11-04T06:45:39Z

Credit: Reuters

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