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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 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.
Norway’s sovereign wealth fund invests $400 million in Bitcoin
Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), has increased its indirect Bitcoin exposure by 153% year-over-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 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.
14h
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 ...
8h
on MSN
World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has accumulated a sizable exposure to ...
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 ...
Channel NewsAsia Singapore
14m
Big central banks start 2025 heading in different directions
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
12h
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 ...
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 ...
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 ...
50m
Bitcoin update: BTC reserves could cause tension in Eurozone
The Czech National Bank plans to assess the possibility of including cryptocurrencies in its investment diversification.
17h
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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