California pension fund to oppose Elon Musk's ‘ridiculous' Tesla $56B payday

California State Teachers Retirement System will vote against Tesla CEO Elon Musk’s $56 billion pay package, the pension fund’s chief investment officer told CNBC on Monday.“We’ll pay him 140-times the average worker pay. How about that deal? I think that’s more than fair. This pay package is ridiculous,” Chris Ailman said on “Squawk on the Street.”California State Teachers Retirement System’s decision comes Norway’s $1.7 trillion sovereign wealth fund said it will vote against Elon Musk’s pay package. Cali ...