Norwegian Sovereign Wealth Fund Opposes Musk's Massive Compensation Plan
2025-11-06 / Read about 0 minute
Author:小编   

On Wednesday, during the early hours of trading on the U.S. stock market, Tesla's share price experienced a modest downturn. Earlier, Norway's sovereign wealth fund—a behemoth managing approximately $1.9 trillion in assets—announced its opposition to Tesla CEO Elon Musk's proposed compensation package, valued at nearly $1 trillion, ahead of the company's shareholder meeting this week. The fund cited several concerns, including the exorbitant scale of the proposal, potential dilution of existing shares, and the inherent risks associated with relying heavily on a single key individual.