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Norway's wealth fund turns against Musk’s Tesla pay package
short by / on Tuesday, 4 November, 2025
Norway's $1.9 trillion sovereign wealth fund, which is a top Tesla shareholder with a 1.12% stake, said it will vote against Elon Musk proposed $1 trillion pay package, citing its size and dependence on one person. The fund will also oppose two Tesla board members and the stock compensation plan, sparking bearish sentiment ahead of Thursday's vote.
read more at Stocktwits