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Tesla Faces Uphill Battle to Secure Shareholder Approval for Compensation Package and Corporate Move to Texas /
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2024-06-09 08:03:06

Tesla Faces Uphill Battle to Secure Shareholder Approval for Compensation Package and Corporate Move to Texas on Nostr: Norway's State Fund Opposes Elon Musk's $56 Billion Tesla Pay Package =============== ...

Norway's State Fund Opposes Elon Musk's $56 Billion Tesla Pay Package
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#dcbba812 ver:0.25

Norway's State Fund, Norges Bank Investment Management, will vote against Elon Musk's $56 billion pay package for Tesla, citing concerns about size, structure, dilution, and key person risk. Despite opposition from proxy advisory firms, Tesla's board chair defends the pay plan, arguing that it motivates Musk and is fair compensation for his leadership. Shareholders will vote on the pay package and other proposals at the annual meeting on June 13. In other news, Rishi Sunak and Akshata Murty's fortune has increased by over £120 million, primarily due to their stake in Infosys. #Tesla #ElonMusk #PayPackage #Shareholders #Norway #NorgesBank #RishiSunak #AkshataMurty...

#newstr #ElonMusk #Tesla #Norway #StateFund #PayPackage #ShareholderVote

https://here.news/story/dcbba812?ver=0.25
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