Major Investor Opposes Musk's $1 Trillion Tesla Pay Plan

1 min read
Source: AP News
Major Investor Opposes Musk's $1 Trillion Tesla Pay Plan
Photo: AP News
TL;DR Summary

Norway’s sovereign wealth fund plans to vote against Tesla CEO Elon Musk’s proposed massive pay package, which could pay him up to $1 trillion over ten years, citing concerns over size and risk, while other investors like Baron Capital support the plan. Musk, Tesla’s largest shareholder, is a key figure in the company's valuation and growth strategies.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

80%

28057 words

Want the full story? Read the original article

Read on AP News