Elon Musk sells USD 3.95 billion worth of Tesla stock
Washington (AP): Twitter's new owner and Tesla CEO Elon Musk has sold nearly USD 4 billion worth of Tesla shares, according to regulatory filings.
Musk, who bought Twitter for USD 44 billion, sold 19.5 million shares of the electric car company from November 4 to November 8, according to Tuesday's filings with the Securities and Exchange Commission.
He sold USD 7 billion of his Tesla stock in August as he worked to finance the Twitter purchase he was trying to get out of at the time.
In all, Musk has sold more than USD 19 billion worth of Tesla stock since April, including those in Tuesday's filings, likely to fund his share of the Twitter purchase.
Most of Musk's wealth is tied up in shares of Tesla Inc. On Tuesday, his personal net worth dropped below USD 200 billion, according to Forbes, but he is still the world's richest person.
Musk had lined up banks including Morgan Stanley to help finance the Twitter deal. His original share of the deal was about USD 15.5 billion, Wedbush Analyst Dan Ives estimated.
But if equity investors dropped out, Musk would be on the hook to replace them or throw in more of his own money.
Tesla's shares closed down USD 5.78 or 2.9 per cent, at USD 191.30. The stock has lost 52 per cent of its value since the start of this year.
In comparison, the S and P 500 index has lost about 20 per cent of its value so far this year.
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Karnataka Union of Working Journalists' (KUWJ) announces 2024 annual awards
VB scribes Yogesh Malur, Abdul Rahiman Talapady among awardees
Bengaluru: The Karnataka Union of Working Journalists (KUWJ) has announced its annual awards for the year 2024, recognising journalists across various categories.
Vartha Bharati journalists Yogesh Mallur and Abdul Rahiman Talapady are among the awardees. Yogesh Mallur has been selected for the G. Narayanaswamy Award for Best Rural Reporting, while Abdul Rahiman Talapady has been honoured under the Tagadoor Kamalamma Veeregowda Award for reporting on farmers’ livelihoods and distress.
The awards will be presented at the 40th State Journalists’ Conference to be held in Bidar on April 11 and 12, KUWJ state president Shivanand Tagadur and general secretary G.C. Lokesh said in a release.
Details of the awards:
1. G. Narayanaswamy Award (Best Rural Report)
Yogesh Mallur, Vartha Bharati, Bengaluru
K.A. Ismail, Shakti, Kodagu
2. Patel Bhairahanumayya Award (Best Humanitarian Report)
Mallaiah Polampally, Kannada Prabha, Shahpur, Yadgir
Ravikumar Kaggannavara, Kannamma, Dharwad
3. Giridhar Award (Best Crime Report)
Basavaraja Kattimani, Kannada Prabha, Hunasagi, Yadgiri
P.K. Ravikumar, Vijayavani, Mysuru
4. B.S. Venkataram Award (Best Scoop Report)
Odesh Sakleshpur, Prajavani, Ramanagara
Mahesh Munnayyanvara Math, Prajavani, Mahalingapur, Bagalkot
5. K.A. Nettakalappa Award (Best Sports Report)
Narayanarao Deshpande, Samyukta Karnataka, Hubballi
Prasad Shettigar, Vijayavani, Bengaluru
6. Khadri Shamanna Award (Best Political Criticism)
Dayashankar Maili, Sudi Mula, Mysuru
Shankar Pagoji, Udayakala
7. Mangala M.C. Varghese Award (Weekly Newspaper Article)
M.G. Nayak, Sudha (Prajavani), Kumta, Uttara Kannada
Venkatesh S. Sampa, Editor, Sampada Saalu
8. Tagadoor Kamalamma Veeregowda Award (Farmers’ Life and Suffering)
Jayaramu, Samyukta Karnataka, Channarayapatna
Abdul Rahiman Talapady, Vartha Bharati, Mangaluru
Indira, Hospet Times, Hospet
9. R.L. Vasudevarao Award (Forest Report)
P. Paramesh, Sudi Mula, Manvi, Raichur
Koushalya D. Falanakar, Gumbaz Express, Vijayapura
10. R.L. Vasudevarao Award (Wildlife Report)
Nagaraj Navimane, Vijaya Karnataka, Mysuru
M. Narasimha Murthy, Kannada Prabha, Bengaluru South
11. B.G. Thimmappaiah Award (Economically Weaker Section Report)
12.
Rajesh Shetty Dota, Vijayavani, Mangaluru
Sharat Kumar S., Udayavani, Shivamogga
12. Mandibele Shamanna Memorial Award (Rural People’s Life Report)
Shankar Katte Malalawadi, Janamitra, Hunsur
Shivaraj Sunkada, Mudgal, Lingasugur, Raichur
Prashant Pade, Udayavani, Kundapura, Udupi
13. Nadaprabhu Kempegowda Memorial Award (Bengaluru Urban and Rural)
H.P. Praveen
Prashanth Rippanpet
V.S. Honnachar, Leaders Weekly
Zukriya, Times of Karnataka
14. Yajaman T. Narayanappa Memorial Award (Best Agricultural Report at District Level)
Venkatesh Gudeppanavara, Vijayavani, Mudhol, Bagalkot
Manjunath N., Bellary, Kavithal, Raichur
15. Nadigera Krishna Raya Award
Sathish Babu, Udayavani, Bengaluru
A. Akshara, Senior Journalist
16. Sunnuvanda Srinivas Changappa Award (Report on Soldiers)
A. Appaji Gowda, Mulbagal, Kolar
17. K.N. Subramanya Award (English Newspaper Report)
Apyan Yasmin, The Hindu
Vikar Ahmed, Frontline, Bengaluru
18. T.K. Malagonda Award (Investigative Report)
Sivananda Hiremath, Vijayavani, Gadag
Tiptur Krishna, Adityavani, Tiptur
19. Actor-Director Dwarakish Memorial Award (Film Category)
S. Jagadish Kumar, Cine Suddi
20. Abhimani Prakashan Award
Mahesh Hegde, Samyukta Karnataka, Sagar, Shivamogga
Ravindra Talagade, Vijaya Karnataka, Ballari
21. Best Page Designers
Sandesh, Pratinidhi, Mysuru
22. Best Desk Management
Vijayakumar, Vijayavani
23. Newsreel (Report with Photograph)
K.V. Balaram, Kikkeri, Mandya
M.R. Manjunath, Senior Photographer
24. Photography / Cameramen
Ganesh, Vijaya Karnataka
Babu Mia, Kalaburagi
25. Ganesh G. Award
M.P. Arun Kumar, City Highlights, Shivamogga
Mahantesh, Andolana, Mysuru
26. K. Prahladrao (Mandya) Award
K.S. Janardhanachari, E Sanje
Ramesh K., Kannada Prabha, Bangarapet, Kolar
K.V. Nagaraj, Prajavani, N.R. Pura, Chikkamagaluru
27. Garudanagiri Nagaraj Award
B. Shivarudrappa, Kannada Prabha, Holalkere, Chitradurga
Ramesh Kumar Naik, Vishwavani
Ramakrishna, Samyukta Karnataka, Mangaluru
28. Gurulingaswamy Holimath Award
Devaraja Kappasogi, Kannada Prabha, Chamarajanagar
Navyajyoti, Hosa Diganta
29. Prajapragati Award
Rabindra Talagade, Vijaya Karnataka, Ballari
Brahmananda Hadagali, Kannada Prabha, Belagavi
30. B.A. Nandikolumath Award
H.K. Nataraj, Udayavani, Davanagere
Ramachandraiah, Kunigal, Samajvani, Tumakur
Electronic Media (TV) Section:
Best Political Analysis
Prashanth Natu, Suvarna TV
Pramod, TV9
Best Anchor
Arun C. Badiger, Public TV
Kiran Kumar D.K.
Development / Social / Humanitarian Report
P.D. Veeranna, Chandana TV, Tumakuru
Thimme Gowda, News18, Bengaluru
Maruti Pavagada, Guarantee News
Raju B.R., News 1st, Koppal
Vithala Caravada, Republic Kannada, Davanagere
Mohanakrishna, Akashvani / Doordarshan, Hassan
KUWJ Special Awards:
Vijaya Biradar, Jamkhandi
Sridhara Uchila, Mumbai
Srikanth, Kasaragod
Sanjeevarao Kulkarni
