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Elon Musk declined dinner with boss of $1.7 trillion fund that voted against his pay deal: 'Friends are as friends do'
Text messages show Elon Musk rejected a dinner invite from Nicolai Tangen, head of Norway's oil fund, and lectured him on how to be a better friend.
Elon Musk disses boss of Norway’s $1.7T wealth fund that voted against his massive pay deal
Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion after Tesla’s stock soared last year.
Elon Musk gave the cold shoulder to Norway’s $1.4 trillion sovereign wealth CEO Nicolai Tangen after the fund snubbed the Tesla CEO’s pay package—twice
Musk texted Tangen it would be too “difficult and expensive” to travel to Oslo for a home-cooked dinner with other CEOs.
Elon Musk clashes with Norway wealth fund CEO; 'friends are as friends do'
Tesla CEO Elon Musk has clashed with Nicolai Tangen, CEO of Norway's sovereign wealth fund, one of the automaker's top investors, according to a record of the conversation released on Tuesday.
Elon Musk Snubs Norway’s $1.4 Trillion Sovereign Wealth CEO Nicolai Tangen After $100 Billion Pay Dispute Goes Public
Elon Musk has never been one to shy away from a grudge. After Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), voted against his historic $100 billion Tesla pay package, Musk made it clear he wasn’t in the mood for socializing.
9h
World’s Largest Sovereign Wealth Fund Has Indirect Bitcoin Exposure of More Than $355M
The world’s largest sovereign wealth fund, Norway’s Norges Bank Investment Management (NBIM), has amassed $356.7 million in ...
7h
on MSN
Norwegian central bank reveals stake in MicroStrategy
MicroStrategy Inc (NASDAQ: MSTR) is in focus today after the Norwegian central bank revealed it holds a sizable stake in the ...
1d
Norway wealth fund posts record $222 billion profit but warns tech boom won't last
Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 ...
3h
World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
According to K33 Research, Norway’s Government Pension Fund Global has amassed more than $356 million in indirect Bitcoin ...
Pensions&Investments
1d
Norges Bank returns 13% in 2024 on tech stocks gains
Norges Bank Investment Management — the official name of the $1.8 trillion fund — saw investments in equities gain 18% in ...
Observer
6d
CEO of World’s Largest Sovereign Wealth Fund Disagrees with Trump’s Climate Policy
The financial impacts of climate change are “just a totally different picture” than in the past, said Nicolai Tangen.
Central Banking
7d
Norges Bank says time is not yet right for easing
Norway’s central bank today (January 23) kept its policy rate at 4.5% but signalled a cut was likely in March. Norges Bank ...
1d
on MSN
World's largest sovereign wealth fund reports $222 billion annual profit on tech rally
Norway's sovereign wealth fund — the largest of its kind in the world — posted full-year profit of 2.5 trillion kroner ...
12h
Norges Bank - Form 8.3 - Direct Line Insurance Group plc
*Norges Bank does not have discretion regarding dealing and offer acceptance decisions with respect to 7,746,626 shares that are included in the total above.
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Elon Musk
Sovereign wealth fund
DeepSeek
Tesla
Nicolai Tangen
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