Norway’s sovereign wealth fund plans to oppose Elon Musk’s $1 trillion compensation package for Tesla. As one of the top ten shareholders in Tesla, the fund will vote against the proposal during a crucial meeting in Texas on Thursday. This move increases pressure on Tesla investors who are evaluating Musk’s unprecedented pay deal. Tesla, valued at around $1 trillion, is under growing scrutiny due to concerns about Musk’s level of influence and his compensation arrangement.
