Publications

Other - JANUARY 8, 2019

Billionaire Oracle founder reveals $1b stake in Tesla

by Andrea Zander

Oracle founder Larry Ellison has disclosed a holding worth $1 billion in Tesla after being appointed to the company’s board in December.

Ellison indirectly owns 3 million Tesla shares through the Lawrence J. Ellison Revocable Trust, according to a filing made to the U.S. Securities and Exchange Commission. The 1.75 percent stake makes him the second-largest disclosed individual shareholder

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