StockNews.AI
BPTUX
Market Watch
2 hrs

Why Elon Musk’s $1 trillion pay package got a ‘no’ from Norway.

1. Norway's sovereign fund opposes Musk's potential $1 trillion pay package. 2. Proxy advisers recommend voting against the pay proposal, impacting Tesla's governance. 3. Tesla shares fell 3% premarket despite a 16% gain this year. 4. Baron Capital supports the pay package citing CEO retention as crucial. 5. Shareholders will vote on the controversial pay proposal this Thursday.

4m saved
Insight
Article

FAQ

Why Bearish?

Opposition from major investors like Norway’s fund can lead to negative sentiment, similar to past instances affecting Tesla stocks.

How important is it?

The article discusses significant investor sentiments affecting Tesla, where BPTUX holds a notable stake.

Why Short Term?

Immediate reactions during the shareholders' vote may affect stock performance, as seen previously.

Related Companies

Related News