Is Elon Musk Getting a $56 Billion Mega Reward? Norwegian State Investment Fund Votes Against
The Norwegian state investment fund is opposing the mega reward for Tesla’s CEO Elon Musk. Shareholders will vote on this matter during the upcoming shareholder meeting next Thursday. The fund has expressed concerns about the size of the reward and its dilution on the stake of other investors.
The Norwegian state investment fund has joined the opposition against Tesla’s CEO Elon Musk’s mega reward. Shareholders of Tesla will vote on this issue during the upcoming shareholder meeting next Thursday, and the state investment fund has stated that it will vote against the $56 billion reward package (approximately 51.8 billion euros).
Norges Bank Investment Management, which manages the Norwegian investment fund of about 1.5 trillion euros, announced this on Saturday. The fund still has concerns about the size of the reward and its impact on the stake of other investors.
Musks’s reward is of ‘excessive size’
The reward package consists of options on Tesla stocks. Recently, Glass Lewis, a significant advisor for shareholder voting at meetings, advised shareholders not to agree to the reward, stating that it is of “excessive size.” A group of Tesla shareholders had also called for rejecting the reward last month.
In Ukraine, no vehicle is safe without a drone cage. Also heavily armored American Abra
Due to a crack in a pipeline, gas delivery from a major Norwegian prod
Google’s Bay View campus is very sustainable and caters well to hybrid working, according to the te
The faction with allies of PVV leader Geert Wilders (ID) and the right-conservative ECR me
It is said to be the production of the EX30 and EX90 models, as reported by the British newspaper The Times on
The list of Tesla investors who oppose Elon Musk’s multibillion-dollar pay package is growing
Trump was allowed to do his NYC pre-sentencing interview virtually and with his lawyer present. N
A cybersecurity expert warns against oversharing with AI chatbots like ChatGPT and Google’s
Evelyn Pech-Vazquez became worried about Michigan’s lack of diversity and how it would impa
Apple gave a highly anticipated announcement on its AI work at WWDC on Monday. The company introd
