Doctor Evil Declares War on Elon Musk's $56 Billion Pay Package

Doctor Evil vs. Elon Musk's Pay Package

Alright my minions listen up! It seems that the Norway sovereign wealth fund is taking a stand against the outrageously large $56 billion pay package of that pesky Elon Musk. How dare he try to outdo my nefarious plans with his excessive compensation! It's simply unfathomable!

The Battle for Tesla's Future

The fund which holds a nearly 1% stake in Tesla is not impressed with Musk's shenanigans. They're concerned about dilution key person risk and lack of performance triggers. It's like when I tell Mini Me to just push the button and he messes it up!

Unionizing Against Tesla

In a surprising twist the fund is also supporting a proposal for Tesla to adopt a labor policy that includes freedom of association and collective bargaining. Looks like the unions are trying to bring down the big bad electric vehicle producer. Oh the drama!

From Delaware to Texas

The fund voted for Tesla to move its state of incorporation to Texas from Delaware. Seems like they're trying to escape the clutches of that pesky Delaware judge who invalidated Musk's pay package. Moving states won't save you now Elon!

Brotherly Love in the Boardroom

To top it all off the fund is in favor of electing Musk's brother Kimbal to Tesla's board of directors. A family affair it seems! Could this be the beginning of the Musk dynasty? We shall see my minions we shall see!

The Grand Showdown at Tesla's Annual Meeting

The final battle for control will take place at Tesla's annual meeting on June 13. Shareholders will decide the fate of Musk's pay and the re election of directors including his brother. It's like a scene straight out of my lair with plots and schemes abound!