nicolai tangen norway

Musk, Norway 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.

New York Post on MSN · 1d

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.

The Financial Times · 2d

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.

Norway wealth fund posts record $222 billion profit

Reuters · 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 trillion crowns ($222 billion), driven by last year's tech rally.

realty.economictimes.indiatimes · 1d

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.

devdiscourse · 1d

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.

8don MSN

CEO Nicolai Tangen, whose Norway wealth fund owns $173 billion of the Magnificent 7, tells investors to sell U.S. tech stocks

The boss of the $1.8 trillion wealth fund told investors to take a contrarion approach, even if it leads others to ...

48m

Norway's NBIM Sees 153% Surge In Indirect Bitcoin Holdings Through Corporate Investments

Other major sources of NBIM's indirect BTC exposure include its holdings in MARA (0.71% of shares, equating to 315 BTC), Tesla (1.1% of shares, 106.9 BTC), Coinbase (0.85% of shares, 80.6 BTC), and ...

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Musk, Norway and Tesla

Norway wealth fund posts record $222 billion profit

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