Tag: larry ellison
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See inside Larry Ellison’s Hawaiian island wellness retreat, a $1,200-per-night luxury spa where guests track their health data and learn how to live longer lives
Sensei Retreats in Lanai, Hawaii. Robb Aaron Gordon Oracle billionaire Larry Ellison owns an ultra-luxury wellness retreat in Lanai, Hawaii. Called Sensei Retreat, the spa uses data to track and improve guests’ nutrition, sleep, and fitness. The spa partnered with fitness-tracking firm Whoop to offer a new $1,185-per-night wellness program. Visit the Business section of…
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Tesla’s newest board member has a long stance against short selling
Tesla has added Hiromichi Mizuno as a brand new member for its board of directors and audit committee — the former chief investment officer of Japan’s $1.5 trillion pension fund and a longtime opponent of common market practices like short sale. Together with Mizuno’s appointment the Tesla plank currently has 10 members, such as Oracle…
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Tesla locks in stock surge with $2B offering at $767 per share
Tesla has priced its secondary common stock offering at $767, a 4.6% reduction from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to increase over $2 billion. Lead underwriters Goldman Sachs and Morgan Stanley have the option to…
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Elon Musk on taking Tesla private: ‘That ship has sailed’
Elon Musk would prefer if Tesla, which is famous for its volatile share price and is one of the most heavily shorted stock, were a private firm, but acknowledged during an earnings call Wednesday that it wasn’t likely. Musk can dream, can’t he? “Unfortunately that ship had sailed,” Musk said in response to a query…
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Tesla names Oracle’s Larry Ellison, Walgreens executive to board as part of SEC settlement
Tesla has additional two independent directors to a board — Oracle founder, chairman and CTO Larry Ellison and Walgreens executive Kathleen Wilson-Thompson — within a settlement with U.S. securities authorities over CEO Elon Musk’s notorious tweets about taking the company private. The pair joined the board as of December 27, Tesla said in an announcement early…