Norway’s Sovereign Fund Rejects Elon Musk’s $1 Billion Pay Package
The Norway sovereign-wealth fund has rejected Tesla CEO Elon Musk’s new pay package worth over $1 trillion, citing concerns about the size of the award and dilution of key person risk. Norges Bank Investment Management, which manages the $1.9 trillion fund, stated that they appreciate the value created under Mr. Musk’s leadership but disagree with … Read more