Elon Musk Gets His $2.6 Billion Tesla Payout Plan, and SWFs are Not Excited About it

Posted on 03/26/2018


Patient and optimistic Tesla shareholders approved an ostensibly performance-based compensation package worth an unprecedented US$ 2.6 billion for CEO Elon Musk on March 21, 2018, but not all of the electric car maker’s investors were happy about bestowing such largess. Norges Bank Investment Management (NBIM) and the California State Teachers’ Retirement System (CalSTRS) were among […]