At current market prices, Ellison's stake is likely somewhere near 3 million shares of the EV automaker.
Larry Ellison, the founder of Oracle Corporation, has acquired 3 million Tesla shares for $1 billion, the carmaker confirmed in a regulatory filing on January 8.
The 1.75pc stake makes him the second-largest disclosed individual shareholder after "close friend" and Tesla founder Elon Musk. Musk also courted controversy in 2018, with the SEC ordering greater board oversight following the CEO's claims in August of having funding and investor support for a buyout. Tesla announced Ellison's appointment to the board in December.
Only weeks later we were informed that Larry Ellison, another eccentric self-made billionaire, would be one of the directors appointed to Tesla's board.
The SEC accused Musk of intentionally making "false and misleading" statements about Tesla's privatization plans.
Tesla shares were trading 0.9 percent higher at $338 million in the pre-market in NY, giving a market value of $58 billion.
Ellison, 74, is the world's ninth-richest person with a net worth of US$51.4 billion on the Bloomberg Billionaires Index.
Ellison is worth just shy of $60 billion and according to Tesla's filing his personal investment now stands at a billion dollars. He had been critical of the media's treatment towards Mr Musk, who a year ago also courted controversy by smoking marijuana during a live internet radio show and for comments aimed at a British diver during the Thailand cave rescue.
Parsons has been limited to 73 games, primarily because of knee problems, since signing with the Grizzlies in the summer of 2016. Based on discussions with the Memphis medical staff, Parsons expected to return for a road game in Sacramento that day.
The stars may have come out to shine on the Golden Globes red carpet today, but an unlikely contender has stolen the show. Focus Features, which is owned by Comcast, 1960s roadtrip movie Green Book was named best comedy movie.
Sometimes it disguises itself as a cold, but the flu, particularly H1N1 is increasing across the state every day. And, the seasonal flu can "shift and mutate" each year, which is why there are various flu vaccines available.
Chinese foreign ministry spokesman Lu Kang said a one-day extension in talks showed both sides are serious about the negotiations. Trade Representative Robert Lighthizer also said it wants any deal to include "ongoing verification and effective enforcement".
She says her son has been diagnosed with "autism, ADHD, PTSD, anxiety, and depression", and that he also has limited speech. A Kentucky school district says a teacher seen dragging an elementary student on video no longer teaches at the school.
The Hollywood trade reports that the untitled film which would have been the fourth in the franchise which began with 2009's J.J. I hear Clarkson was recruited by HBO for GOT after she recently became available.
Google has chosen the victor of its annual Doodle for Google contest - and a second grader from Virginia stood out above the rest. Creative young artists are asked to head over to doodle4google.com to enter submissions.
Malta said another 78 migrants would be allowed to stay in Malta, and 44 Bangladeshi migrants would be sent back to their country. Malta has reached a deal with eight European Union countries to divide up and take in 49 migrants stranded at sea for weeks.
But her spokesman added: "If that were not to take place. we would respond quickly and provide certainty on the way forward". A vote, initially slated for mid-December, is now scheduled for January 15 - and the government still looks likely to lose.
Appropriately titled as, Fantastic Four Worlds Greatest Week, the live streams go into more detail on the appearances of Mr. The tweet, which you can see below teases something "fantastic" coming to Marvel's Spider-Man but offers little else.
Packers' LaFleur excited to work with Rodgers
NFL Network's Ian Rapoport says the Packers "moved quickly on LaFleur" rather than take the time for a second round of interviews. LaFleur takes over for Mike McCarthy, who was sacked during the season following a stunning home loss to Arizona on December 2.
The PS4 Has Now Passed 91.6 Million Units Sold
And there's more in the works with the likes of The Last of Us 2 and Days Gone potentially set to make an appearance this year. PlayStation hardware in general is believed to have sold some 5.6 million units throughout the winter season.
The Division 2 will not launch on Steam
Ubisoft and Epic Games announced today The Division 2 will be released exclusively for PC through the Epic Games Store and Uplay. In addition, the publisher revealed they will "also partner on additional select titles to be announced during the coming year".
AMD Announces Radeon VII GPU During CES Keynote
It's also hard to know what such a part would be called given that Radeon VII is a clear reference to the 7nm process. Su mentioned the next-gen GPU architecture by name only once, when mentioning the future architectures of AMD.
R. Kelly's Former Manager Hit With Arrest Warrant
The Fulton County, Georgia, district attorney would not comment on the reports of an investigation into Kelly. In 2008, a Cook County jury found Kelly not guilty on 14 counts of child pornography charges.
Vic Fangio Named Denver Broncos Head Coach
A year after coach Matt Nagy made the important move to retain Fangio, he now must find the replacement as defensive coordinator. The Bears lost Vic Fangio to the Broncos, who according to Adam Schefter, will become Denver's next head coach .