Norway wealth fund to vote against Musk's $56 bln Tesla pay package-March 2024-www.financetom.com

Norway wealth fund to vote against Musk's $56 bln Tesla pay package

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Norway wealth fund to vote against Musk's $56 bln Tesla pay package

Jun 8, 2024 12:28 AM

OSLO, June 8 (Reuters) - Norway's $1.7 trillion

sovereign wealth fund said on Saturday it will vote against

ratifying Tesla CEO Elon Musk's $56 billion pay

package, which is up for a shareholder vote next week, after a

Delaware judge invalidated it earlier this year.

NBIM is Tesla's eighth-biggest shareholder, according to

LSEG data.

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