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Fortune

Paolo Confino

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

Elon Musk Nicolai Tangen Tesla Inc. Norway NBIM Norges Bank Investment Management Oslo

Tesla CEO Elon Musk and Norges Bank Investment Management CEO Nicolai Tangen (Credit: Kevin Lamarque—Reuters/Bloomberg/Getty Images; Stefan Wermuth—Bloomberg/Getty Images)

Elon Musk turned down a dinner invitation from Norges Bank Investment Management CEO Nicolai Tangen after the fund voted against his record $56 billion pay package.

Tesla CEO Elon Musk declined to dine with Nicolai Tangen, the head of Norway’s Norges Bank Investment Management, which manages a sovereign wealth fund that is one of the carmaker’s largest shareholders.

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