Oracle co-founder Larry Ellison near 50% down from $1 billion TSLA investment

Oracle’s Larry Ellison got crushed on his Tesla investment this year (CNBC)

PUBLISHED THU, MAY 23 2019 1:57 PM EDT

KEY POINTS

• Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It’s now worth about $580 million.
• Ellison bought 3 million shares, giving him a 1.7% stake and making him the second-biggest individual shareholder, behind Elon Musk.
• The SEC filing at the time of the purchase didn’t say how much Ellison paid.

https://www.cnbc.com/2019/05/23/oracle-founder-larry-ellison-crushed-on-tesla-investment-this-year.html

Submitted May 23, 2019 at 10:14PM by markyu007 http://bit.ly/30CkeEw