Major Tesla Investor Rejects Elon Musk's $1 Trillion Pay Deal

Core Viewpoint - Norway's sovereign-wealth fund has become the first major institutional investor to publicly disclose its voting decision regarding the chief executive's pay package [1] Group 1 - The fund's decision to disclose its vote reflects a growing trend among institutional investors towards transparency in executive compensation [1] - This move may influence other institutional investors to follow suit, potentially leading to increased scrutiny of executive pay practices across various industries [1] - The disclosure is part of a broader effort to enhance corporate governance and accountability in the investment landscape [1]