Big Tesla investor will reject Elon Musk's $1 trillion pay package

Core Points - Norway's sovereign wealth fund, a significant investor in Tesla, announced on November 4 that it will oppose a proposed compensation package for CEO Elon Musk, which could potentially amount to $1 trillion [1] Group 1 - The compensation package in question is designed to reward Elon Musk based on Tesla's performance metrics [1] - The fund's decision reflects concerns over the scale of the proposed compensation, which is unprecedented in the corporate world [1] - This move by Norway's sovereign wealth fund could influence other investors' perspectives on executive compensation at Tesla [1]