Norway’s sovereign wealth fund, one of the world’s largest and most influential investors, has announced its intention to vote against Elon Musk’s unprecedented compensation package at Tesla. The move, reported by Bloomberg.com, underscores growing shareholder concern over the record-breaking pay plan that ties Musk’s earnings to Tesla’s market performance. This marks a significant moment in the ongoing debate over executive remuneration and corporate governance within the high-stakes electric vehicle industry.
Norway Wealth Fund Challenges Tesla Compensation Package Amid Corporate Governance Concerns
The Norges Bank Investment Management (NBIM), managing Norway’s sovereign wealth fund, has publicly expressed opposition to Tesla’s unprecedented compensation package awarded to CEO Elon Musk. Highlighting concerns over excessive executive remuneration and the implications for shareholder interests, the wealth fund criticizes the structure for prioritizing astronomical…
—-
Author : Victoria Jones
Publish date : 2025-11-06 13:27:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8
