Tesla slips below 10% of Cathie Wood s flagship fund
Reuters | Apr 29, 2021 09:23 PM EDT
A Tesla supercharger is shown at a charging station in Santa Clarita, California, U.S (Photo : REUTERS/Mike Blake)
Cathie Wood s flagship Ark Innovation fund has allowed its stake in Tesla Inc, its largest holding, to slip below 10% this week for the first time in over a month.
Tesla made up 9.7% of the Ark Innovation ETF as of Thursday, down from 10.9% a month ago, with a net sale of about 252,000 shares over that period, according to portfolio listings on the website of fund manager Ark Invest. The fund s remaining Tesla stake is worth $2.4 billion.
Govt closes down flagship project of Pictorial Health Warning Reforms
National
April 29, 2021
ISLAMABAD: The government has closed down the flagship project of Pictorial Health Warning Reforms under the supervision of Tobacco Control Cell (TCC) thus relieving Dr Zia, who is considered as staunch campaigner of anti-tobacco and anti-illicit cigarettes in Pakistan.
The Ministry of National Health Services, Regulations and Coordination (MONHRSC) made a decision regarding the Tobacco Control Cell whereby the project “Pictorial Health Warning Reforms” is closing on 31-05-2021.
The official sources said that the closing down of this important project was aimed at sacking of Dr Zia, who took a number of initiatives, including proposed Health Levy that made the tobacco industry highly uncomfortable.