** Tesla 
TSLA falls 2.3% to $456.3 premarket
** Norway’s sovereign wealth fund, the world’s largest and co’s seventh-biggest owner with 1.12% stake worth $17 billion, to vote against Elon Musk’s proposed $1 trillion pay package
** Investors will decide on November 6 whether to approve package, likely largest-ever CEO compensation agreement
** Norwegian fund also voted “no” to Musk’s earlier compensation plan
** Musk could leave co if deal is rejected, Tesla Chair Robyn Denholm warned last week
** Tesla’s largest institutional investors, including BlackRock, Vanguard and State Street, yet to disclose voting plans
** Meanwhile, Tesla’s China-made EV sales dropped 9.9% y/y to 61,497 units in October
** As of last close, TSLA up 15.9% this year