Billionaire’s Tesla Gamble Cost Him $420 Million in 6 Months

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By CCN: Elon Musk isn’t the only tech billionaire with a gaping Tesla-shaped dent in his net worth this year. As Tesla’s stock price crashes and burns, Oracle founder Larry Ellison is deep in the red with his massive stake in the company. World’s 7th-Richest Man Bet $1 Billion on Elon Musk At Oracle’s analyst meeting last October, Ellison – the world’s seventh-richest man with a net worth of $57.6 billion – disclosed that the electric car company was his second largest investment. “My second largest investment, I’m not sure how many people know. I’m very close with Elon Musk,

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