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Norway wealth fund to vote against Musk’s $56 billion Tesla pay package

OSLO : Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package, which is up for a shareholder vote next week, after a Delaware judge invalidated it earlier this year.

NBIM is Tesla’s eighth-biggest shareholder, according to LSEG data.

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