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Norway, Elon Musk and Tesla
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 clashed with Nicolai Tangen over Norway oil fund’s vote against Tesla pay
Elon Musk clashed with Nicolai Tangen, chief executive of the Norwegian oil fund, after the fund last year voted against the Tesla boss’s huge pay package, newly released text messages show.
Elon Musk on a roll, now clashes with the CEO of Norway's sovereign wealth fund; here are the messages they exchanged
Norges Bank Investment Management (NBIM) made the message exchanged between Musk and Tangen public in light of the increased interest in the case.
Norway wealth fund posts record $222 billion profit
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 trillion crowns ($222 billion), driven by last year's tech rally.
Norway's sovereign wealth fund posts record $222 billion annual profit on tech boom
Sovereign Wealth Fund: "The American technology stocks in particular performed very well," Nicolai Tangen, CEO of Norges Bank Investment Management (NBIM), the fund's operator, said in a statement.
Norway's Wealth Fund Achieves Record Profit Amid Tech Surge
Norway's sovereign wealth fund, the largest globally, achieved a record profit of 2.51 trillion crowns in 2024, primarily due to a tech stock rally. However, CEO Nicolai Tangen cautioned that such high returns may not persist.
15h
on MSN
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 ...
Cryptopolitan on MSN
1d
Elon Musk knows how to hold a grudge – Sam Altman beware
Elon Musk, the eccentric but undeniably influential CEO of Tesla and SpaceX, has recently found himself at odds with some ...
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