Sunday, 21 July, 2019

Billionaire Oracle founder Larry Ellison reveals $1bn stake in Tesla

The billionaire 74 indirectly owns 3 million Tesla shares The billionaire 74 indirectly owns 3 million Tesla shares
Russell Knight | 13 January, 2019, 13:56

During the meeting, Musk expressed his affection for China, with Li responding by saying he could be granted permanent residency. Back in September 2018, it was reported that Tesla would introduce the Standard Range with RWD "in the next eight months". "I really love China, I'm willing to visit here more often".

Li replied: 'If this is what you truly have in mind, we can issue you a "Chinese green card"'.

Milwaukee bus driver praised for rescuing infant from freeway overpass
The boy Ivic rescued "is the ninth lost or missing child found by MCTS Drivers in recent years", the release states. Police say the child had been left outside by his mother who may have been suffering from a mental health crisis.

Winter Storm Warning Continues, Heaviest Snow Tracking North
There is a slight chance for a few flurries on Monday, otherwise a dry week with milder weather returning on Tuesday. However, area counties had some snow and freezing rain in the December storm that caused schools to cancel classes.

Democrat Gabbard says she will run for U.S. president in 2020
"'I have chose to run and will be making a formal announcement within the next week", she said on the show, which airs Saturday. An Iraq war veteran and member of the House Foreign Affairs Committee, Gabbard is also the first Hindu member of Congress .

If he really does receive his Chinese green card, Musk will join the likes of Nobel Prize-winning chemist Kurt Wuethrich, Nobel Prize-winning chemist Feringa Bernard Lucas, and, of course, basketball star Stephon Marbury. Tesla is taking steps to start Model 3 production in China.

Oracle co-founder Larry Ellison disclosed in a U.S. Securities and Exchange Commission filing on Monday that he owns a $1 billion stake in Tesla, making him the second-largest individual investor in the electric-car maker. "Aiming to finish initial construction this summer, start Model 3 production end of year & reach high volume production next year", Musk had tweeted, adding that "Shanghai Giga production of Model 3/Y will serve greater China region". Sales of electric cars in China skyrocketed in recent years, with the country's government encouraging the sale of 2 million new-energy vehicles by 2020 in a bid to improve air quality and reduce dependence on foreign oil. In a series of tweets responding to fan questions, Musk went on to explain that a model of the upcoming 2020 electric sports auto will use small bottles of cold gas to potentially boost its acceleration speeds to levels that are practically unheard of in a commercially available vehicle.

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