特斯拉一大股东，将投反对票

Core Viewpoint - The Norwegian Government Pension Fund, one of the largest sovereign wealth funds globally, plans to vote against Elon Musk's proposed $1 trillion compensation plan at Tesla's upcoming annual shareholder meeting, citing concerns over the total reward, equity dilution, and key person risk [2][5]. Group 1: Compensation Plan Details - Musk's compensation plan could grant him an additional 12% of Tesla's shares if he increases the company's valuation to $8.5 trillion over the next decade, which is nearly eight times its current valuation [2]. - The proposed reward is valued at slightly over $1 trillion, making it the largest compensation plan in history, but it includes a performance-based structure where Musk would receive nothing if the valuation targets are not met [2]. Group 2: Investor Reactions - The Norwegian fund, which holds 1.12% of Tesla's shares valued at $17 billion, has previously opposed Musk's earlier $56 billion compensation plan from 2018 [5]. - In contrast, Baron Capital, another significant shareholder, has expressed support for Musk's compensation proposal [5]. Group 3: Other Institutional Investors - Other institutional investors, including BlackRock, Vanguard, and State Street, have not disclosed their voting intentions ahead of the shareholder meeting [6]. - Tesla's board is actively seeking shareholder approval for the compensation plan, with warnings that a rejection could lead to Musk's departure and the potential appointment of a new CEO from within the company [6].