World’s Biggest Sovereign Wealth Fund to Oppose Musk’s $1 Trillion Pay Deal
2025-11-04 / Read about 0 minute
Author:小编   

On Tuesday, Norway’s sovereign wealth fund, a global investment powerhouse, revealed its intention to vote against the proposed $1 trillion compensation package for Tesla CEO Elon Musk at the automaker’s upcoming annual shareholder meeting. On November 6, Tesla shareholders will decide whether to greenlight what could be the largest-ever payout to a corporate leader. However, the staggering sum has drawn criticism, with many questioning its appropriateness. Despite the backlash, Tesla’s board of directors is actively advocating for shareholder support. Last week, board chair Robyn Denholm issued a stark warning, suggesting that Musk might step down from his role if the compensation plan fails to gain approval.