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.

The Express Tribune1h

Elon Musk leaked texts reveal tense exchange with Norwegian wealth fund CEO

Leaked texts reveal Elon Musk’s frustration with Norway’s $1.7 trillion wealth fund after rejecting Tesla pay deal.

Mena FN5h

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

Norway's Government Pension Fund Global, one of the world's largest sovereign wealth funds, recorded $222 billion in profits in 2024, achieving a second consecutive year of record gains. NBIM's CEO, ...

devdiscourse1d

Norwegian Wealth Fund Chief Warns of Market Correction

The head of Norway's sovereign wealth fund, Nicolai Tangen, cautioned about the unsustainable high performance of global ...

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Musk, Norway and Tesla

Norway wealth fund posts record $222 billion profit

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