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Norway Wealth Fund Votes No on Musk’s $1 Trillion Award

The world’s largest sovereign wealth fund voted against Tesla’s proposed $1 trillion pay package. Bloomberg’s Craig Trudell discusses what this could mean for the upcoming shareholder vote with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology”…

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The world’s largest sovereign wealth fund voted against Tesla’s proposed $1 trillion pay package. Bloomberg’s Craig Trudell discusses what this could mean for the upcoming shareholder vote with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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27 Comments

27 Comments

  1. @Mcmillan911

    November 4, 2025 at 4:05 pm

    who tf is norway to have authority better yet even an Opinion over the greatest visionary in the 21st century

    • @MGPCycling

      November 4, 2025 at 4:09 pm

      Shareholders 😂 😂 😂

    • @daShadoSage

      November 4, 2025 at 4:24 pm

      Bro, your knees must be bleeding right now. Get up and have some dignity.

      Who are you vs the most profitable and wealthiest national wealth fund?

    • @Tangvu

      November 4, 2025 at 4:28 pm

      Those who know, know these funds are political puppets for the Left. Most shareholders of Tesla are under their control and have no idea. These are passive investors who have no idea how these things work, it’s their money in the company, but they rarely ever exercise their voting powers, hence why these funds have so much influence. It should be illegal for these funds to vote on these shareholders behalf. Force individual shareholders to vote themselves, or don’t vote at all.

    • @spitfirez89

      November 4, 2025 at 6:05 pm

      @daShadoSage wtf does he Norwegian wealth fund know about navigating Tesla through the next 10 years of the AI revolution. Get the f out the way.

    • @TheMagicJIZZ

      November 4, 2025 at 6:22 pm

      ​@daShadoSagebut it’s based on holding AMERICAN stock

      They want to open elon’s ideas? Openi? Spacex and Tesla and neuralink and starlink

      And yet wanna vote on? It’s not the European stock markets but UE equity

  2. @nhacviet.official

    November 4, 2025 at 4:06 pm

    norway or no way 🤣😂🤣😂🤣😂🤣😂

  3. @Decentralized_Maze

    November 4, 2025 at 4:09 pm

    Tesla shouldn’t even be invested in by citizens anymore. Quit funding the elites taking your money and trying to control your life.

    • @hungcapitalll

      November 4, 2025 at 4:34 pm

      Cry somewhere else

    • @Secretprojects-m4h

      November 4, 2025 at 4:38 pm

      what have you built so far to solve a problem for the community with the much you have

    • @Decentralized_Maze

      November 4, 2025 at 4:45 pm

      ​@hungcapitalllGo troll somewhere, as your words have no value. Cry somewhere else? 😂 Your ignorance is so strong, it annoying.

    • @Decentralized_Maze

      November 4, 2025 at 4:51 pm

      ​@Secretprojects-m4h I can’t give many details here, as I’m tired of those in charge snooping and making my life more difficult than it should be. My part is decades worth of efforts, so I’ll only risk what’s necessary. Potential options are available, but if presented, it’s still up to the world/citizens to do something about it, with it, create from it, or create their own whatever it is for society. It’s not a singular task, but citizens being decentralized will be important going forward in the future.

  4. @Tangvu

    November 4, 2025 at 4:30 pm

    The anti-Elon political campaign, to me, is the most obvious evidence of corruption on the Left. This is the dark side of capitalism and of public companies, where the owner can be overshadowed in his own company by bad, but influential, actors. This is activist investing gone wrong.

    The simple solution to this is to pass a Law preventing the Fund from voting on behalf of the its investors, even though they legally own the shares, they are using investors money to do so, it should be held under the investors name, not theirs. Naturally, Governments are complicit in this and so this Law is unlikely to ever pass.

    • @scoty_does

      November 4, 2025 at 4:42 pm

      There might be a good argument for CEO’s with aspbrurgers dont politic well. He couldn’t forsee how unpopular being the richest man in the world AND taking away food/services for the poorest peoples would be.

      Read Mathew 25:44-46, jesus would rebuke Elon just like Norway just did.

    • @Tangvu

      November 4, 2025 at 4:50 pm

      ​@scoty_does — I see you’ve fallen for the politcal brainwashing. Do you have any evidence Elon took away food services for poor people? Or is it something you simply want to believe to fit a narrative that makes you feel good?

      Elon has done more for humanity than any of you realise. It’s amazing to me how men who have achieved nothing can criticise so harshly a man like Elon, who they can never even come close to amount to. Where is the humility? Jesus is ashamed of you.

    • @scoty_does

      November 4, 2025 at 5:19 pm

      ​@Tangvu When everyone except YOU are in a bubble, is it really them?

    • @Tangvu

      November 4, 2025 at 5:53 pm

      ​@scoty_doesI don’t know what the heck you’re talking about here. But here is a fact for you: Elons pay package has been passed by the majority of shareholders, TWICE before. Anyone voting against it now is clearly just playing politics. Which side are you on?

  5. @SiTiX1

    November 4, 2025 at 4:40 pm

    The sovreign norwegian wealth fund have been consistent regarding CEO pay for years now, not just in Tesla or against Musk, but also against Gelsinger (Intel), Apple, Meta etc. This is not something new, and the wealth fund will continue to vote no on extreme pay packages for CEO’s.

    • @TheMagicJIZZ

      November 4, 2025 at 6:15 pm

      Why not sell the stock? They also voted against employees getting shares?????

    • @SiTiX1

      November 4, 2025 at 6:39 pm

      @TheMagicJIZZ 1: They are basically an index fund, so they are in most companies that are in the S&P500, and will continue to operate like that. 2: Can’t find any news regarding they voting against employees getting shares, do you have a specific story in mind? They have been consistent on saying that CEO pay being too high tho.

  6. @hungcapitalll

    November 4, 2025 at 4:41 pm

    Fuck Norway. We’ll dilute the shit out of their stake. Lol. Like they will stop us 😂

  7. @mumblesmoaner8996

    November 4, 2025 at 5:05 pm

    So a wealth fund from a country happy to use the worlds natural resources to fund its lifestyle is going to vote against retaining the key player in Tesla. Yet happy to take unearned profits. What hypocrites 😃 they’ve never made anything yet parasite 🦠 of people who create 😤 embarrassing 🤦‍♂️

  8. @postiticeland8783

    November 4, 2025 at 5:53 pm

    Musk wanted to cut one trillion dollars from the US budget and then he wants one trillion for himself. That´s sick by all standards.

    • @TheMagicJIZZ

      November 4, 2025 at 6:21 pm

      One trillion over a decade in debt and spending. It’s $39 trillion

      And the stock price of Tesla isn’t going up unless he stays

      Of I was Elon id leave

  9. @markdc1145

    November 4, 2025 at 6:34 pm

    Well, duh. Norway is a socialist country , they don’t like billionaires.

  10. @kimwahchueng5291

    November 4, 2025 at 7:31 pm

    Norwegians are nuts

  11. @ZagarWar-m8i

    November 4, 2025 at 8:01 pm

    🥰🙏🌲🎉🎉🎉

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