Stichting Pensioenfonds ABP expressed concern over Elon Musk's $56 billion pay package, stating they 'had a problem' with it amid ongoing legal challenges.
The $56 billion pay package has faced legal scrutiny, being deemed unreasonable by a Delaware court judge, leading to the pension fund's decision to divest.
Despite legal setbacks for Musk regarding his pay package, some speculate he may still obtain it, with analysts suggesting the dispute could extend to higher courts.
Concerns about Tesla's working conditions also contributed to the pension fund's decision to sell its shares worth $585 million, complicating Musk's situation at the company.
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