Topline
Tesla’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.
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Key Facts
This is a breaking story and will be updated.
Source: https://www.forbes.com/sites/zacharyfolk/2025/11/04/tesla-stock-drops-before-shareholder-meeting-as-major-investor-plans-vote-against-musk-pay-plan/
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