‘FRIEND OF A THIEF IS A THIEF’, DEFENCE MINISTER WARNS TERRORIST SPONSORS. (PHOTO).

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 ‘Friend Of A Thief Is A Thief’, Defence Minister Warns Terrorist Sponsors The Minister of Defence, General Christopher Musa (rtd), has cautioned Nigerians against aiding terrorists, insurgents, bandits, or other criminal elements, stressing that anyone who supports criminal activities will face the full weight of the law. General Musa made the warning on Saturday while speaking as the Special Guest of Honour at the Armed Forces Celebration and Remembrance Day 2026 Golf Tournament held at the TYB Golf Resort and Country Club, Yar’Adua Barracks, Abuja. He urged citizens to continue supporting the Armed Forces and other security agencies, noting that the Federal Government has given them a clear mandate to deal decisively with all threats to national security. “I call on all Nigerians to stand with the Armed Forces and security agencies in the quest for peace,” Musa said.  “Those who continue to support bandits, insurgents, terrorists, or criminals must desist immediately. As th...
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TESLA ROLLS OUT LOWER-PRICED VERSIONS OF TWO EVS TO REGAIN MARKET SHARE DURING CHALLENGING YEAR. (PHOTO).

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 Tesla rolls out lower-priced versions of two EVs to regain market share during challenging year

Tesla introduced lower-priced versions of two of its electric vehicles on Tuesday, aiming to boost sales amid a challenging year, but the move failed to reassure investors, and the company’s stock dropped sharply.

The new Model Y, priced just under $40,000 with a simplified interior, arrives as Tesla contends with an aging lineup, growing competition from foreign EV makers, and backlash tied to Elon Musk. Tesla also launched a more affordable Model 3 for under $37,000, which drops below $35,000 for New York buyers after state rebates. Analysts noted that the new offerings are far from the $25,000 vehicle Tesla once promised and may struggle to drive significant sales, especially following the expiration of the $7,500 federal EV tax credit.

The stock market responded cautiously: Tesla shares fell 4.5% to $443.09 on Tuesday, after gaining more than 5% the previous day in anticipation of the announcement. Edmunds analyst Ivan Drury said, “Investors were looking for something truly different, not an iteration of an old product. I can’t imagine this will bring levels back to what they want.”

Compared to previous versions, the new Model Y has a shorter 321-mile driving range, fewer audio speakers, a fabric interior rather than microsuede, no panoramic glass roof, and lacks a second-row touchscreen. The new Model 3 also trims its driving range, ambient lighting, and other features. Both models face stiff competition around the $40,000 price point from the Ford Mustang Mach-E, Chevrolet Equinox EV, and Hyundai Ioniq 5.

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