Future Tech

Norway wealth fund to vote against Musk's $56 billion Tesla pay package

Tan KW
Publish date: Sat, 08 Jun 2024, 04:30 PM
Tan KW
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Future Tech

OSLO - Norway's $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk's $56 billion pay package, which is up for a shareholder vote next week, after a Delaware judge invalidated it earlier this year.

NBIM is Tesla's eighth-biggest shareholder, according to LSEG data.

 


  - Reuters

 

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