The billionaire, 74, 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.
'Jaadoo Ki Jhappi': Ranveer Singh Captions Pic With PM Modi
It was an iconic day for Bollywood as several young stars came together and met Prime Minister Narendra Modi in New Delhi . The captivating trailer of Ranveer Singh and Alia Bhatt's upcoming film, Gully Boy , released on Wednesday.
Tesla named Ellison, who's reportedly close friends with chief executive Elon Musk, to its board in December as part of a settlement with the SEC, which was created in part to enhance oversight at the company.
The change comes less than two weeks after Tesla dropped the price of all of its models by $2,000 to make up for a reduction in the federal tax credit that they qualify for. Tesla announced Ellison's appointment to the board on December 28. While Tesla has still failed to meet its previously projected production goal of 5,000 Model 3 vehicles a week, their delivery of 63,150 Model 3 vehicles in the fourth quarter was a solid improvement. Ellison is the world's sixth richest man according to Forbes and was often cited as a major investor in Tesla. He went off-script during an Oracle meeting with analysts in October to announce that he had been building a personal stake in Tesla and that it was his second-largest holding.
Andy Murray: Fan gets ticket offer & apology after Djokovic practice match
Marin Cilic , who lost last year's final to Federer, will begin his 2019 campaign against home hope Bernard Tomic . Jo-Wilfried Tsonga looms as a potential second-round opponent in a possible rematch of their AO 2008 decider.
The regulator said this and other claims by Musk were false and misleading and affected Tesla's stock. He had been critical of the media's treatment towards Mr Musk, who previous year 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.
Lady Gaga apologises for collaborating with R. Kelly
Kelly is reportedly being investigated in multiple jurisdictions following the release of a Lifetime docuseries , " Surviving R. Kelly ", which explores allegations that the Grammy victor sexually abused several victims over a span of decades.