Tesla Stock Drops Before Shareholder Meeting As Major Investor Plans Vote Against Musk Pay Plan

ToplineTesla’s stock dropped 2.6% after markets opened on Tuesday, shortly after Norway’s sovereign wealth fund, which owns a 1.14% stake in the electric car maker, announced it would vote Thursday against a pay package for CEO Elon Musk that could be worth $1 trillion.Norway’s sovereign wealth fund announced it would vote against a $1 trillion pay package for Tesla CEO Elon Musk.dpa/picture alliance via Getty Images ...