Norway’s sovereign wealth fund, one of Tesla’s biggest investors says it will vote against a proposed compensation package that could pay CEO Elon Musk as much as $1 trillion over a decade.

As featured on

Musk the trillionaire? Debate over his Tesla pay package rages

Musk the trillionaire? Debate over his Tesla pay package rages

Tesla shareholders will decide soon on whether Elon Musk could have a shot at becoming the world's first trillionaire. In an annual meeting at Tesla's headquarters in Austin, Texas, they will vote Thursday on whether to approve a pay package that could hand the world's richest man another $1 trillion in shares. The decision has become a flashpoint among Musk fans and detractors, with even the pope recently weighing in. Supporters say Musk is a miracle man who needs to money as a lure to focus on the company. Critics say the board that designed the package is too beholden to Musk and the pay is excessive.

(0) comments

Welcome to the discussion.

Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.

Post a comment
Stop watching this discussion.

Thank you for visiting the Daily Journal.

Please purchase a Premium Subscription to continue reading. To continue, please log in, or sign up for a new account.

We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.

A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!

Sign Up
Log In
Purchase a Subscription