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Norway wealth fund to continue 'constructive dialogue' with Tesla after AGM
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Norway wealth fund to continue 'constructive dialogue' with Tesla after AGM
Jun 14, 2024 1:23 AM

OSLO, June 14 (Reuters) - Norway's $1.7 trillion wealth

fund, a top shareholder in Tesla, will continue "a

constructive dialogue" with the automaker after its annual

general meeting endorsed CEO Elon Musk's $56 billion pay

package.

Tesla shareholders approved Musk's record pay on Thursday, a

move the fund had voted against. The fund is the automaker's

eighth-largest shareholder, according to LSEG data.

"We will continue to seek constructive dialogue with Tesla

on this and other topics," said a fund spokesperson.

"We have regular and good dialogue with Tesla - just a week

ago we met with the chair," she said, referring to Tesla Chair

Robyn Denholm and without giving specifics of the discussion.

The fund held a 0.98% stake in Tesla at the end of 2023

worth $7.7 billion, according to fund data.

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