Miss Alabama for America Strong 2021 Zoe Sozo Bethel was involved in a car accident on February 10. Photo: Zoe Sozo Bethel / Instagram
Miss Alabama for America Strong 2021 Zoe Sozo Bethel was involved in a car accident on February 10. Photo: Zoe Sozo Bethel / Instagram
Miss Alabama for America Strong 2021 Zoe Sozo Bethel was involved in a car accident on February 10. Photo: Zoe Sozo Bethel / Instagram
Miss Alabama for America Strong 2021 Zoe Sozo Bethel was involved in a car accident on February 10. Photo: Zoe Sozo Bethel / Instagram

Miss Alabama Zoe Sozo Bethel dies at 27 after car accident


Sophie Prideaux
  • English
  • Arabic

Reigning Miss Alabama, Zoe Sozo Bethel, has died from her injuries eight days after she was involved in a car crash. She was 27.

The beauty queen’s family confirmed the news on Monday. She suffered severe head and neck injuries in the accident.

“On Friday, February 18, 2022, at approximately 5.30am Eastern Time in Miami, Florida, our beloved Zoe Sozo Bethel passed from this life into the next as a result of succumbing to her injuries,” a post on her Instagram account read.

“Zoe touched the hearts of many people and was actively affiliated with several organisations and groups.”

Bethel won the title of Miss Alabama for America Strong in 2021, and worked as an advocate and brand ambassador for a number of charities and non-profit organisations, including Turning Point USA, Liberty University’s Falkirk Centre, Students for Life and Project Veritas.

“We are honoured to have known Zoe Bethel,” Turning Point USA said in a tweet. “She has been a pillar in the Conservative movement, always moving with grace and wisdom. She has inspired many, and her legacy will continue to touch the hearts of people everywhere.”

The Miss Alabama pageant also paid tribute to Bethel, changing its social media profile images to pictures of her.

“It is with heavy hearts that we announce the passing of our dear friend and reigning Miss Alabama for America Strong, Zoe Bethel,” said a post on the pageant's Facebook page. “She was a light in this world, and we are heartbroken over the loss of such a bright and beautiful woman.”

Bethel was involved in a car crash on February 10, her family said, and had been in a coma.

“Unfortunately the doctors are saying the damage cannot be repaired and that she may not have much time left,” they said last week. They described the news as “an abrupt and very traumatising situation for our family” and requested privacy.

Her family has now set up a fund for help with funeral and medical costs, as Bethel did not have health insurance.

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Where can I submit a sample?

Volunteers can now submit DNA samples at a number of centres across Abu Dhabi. The programme is open to all ages.

Collection centres in Abu Dhabi include:

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  • Biogenix Labs in Masdar City
  • Al Towayya in Al Ain
  • NMC Royal Hospital in Khalifa City
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  • NMC Specialty Hospital, Al Ain
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How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

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Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

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Updated: June 02, 2023, 10:32 AM