A series of text messages from October show that Musk canceled plans to attend a dinner at Tangen’s home in Oslo, Norway with the CEOs of Nestle, Ferrari, Novo Nordisk, and DoorDash after the Government Pension Fund Global voted against ratifying his Tesla pay package last June. The fund, which follows a set of strict investment guidelines, chose not to support Musk’s options grant first in 2018, and again a second time in 2024. In its vote rationale, the fund stated that it appreciated the significant value generated under Musk, but it was “concerned about the total size of the award, the structure given performance triggers, dilution, and lack of mitigation of key person risk.”