Elon Musk pay package showdown: Norway wealth fund says no to record deal; $1 trillion plan tests shareholder loyalty

Norway's sovereign wealth fund, a major Tesla investor, opposes Elon Musk's massive pay package. The fund cites concerns over the award's size and potential dilution. This vote comes ahead of Tesla's shareholder meeting where the plan is a key point of contention. While some investors support Musk, citing his crucial role, others express reservations about governance and compensation practices.