OWNERS CRY OUT AS THIEVES STEAL TOYOTA COROLLA IN MAKURDI. (PHOTO).

Image
 OWNERS CRY OUT AS THIEVES STEAL TOYOTA COROLLA IN MAKURDI  28th January, 2026      The owners of a Toyota Corolla have raised the alarm over the theft of their vehicle in Makurdi, Benue State. The car, a blue Toyota Corolla (Model X), 2003 model, with registration number MKD 188 DW, was reportedly stolen on Tuesday, January 27, 2026, at about 8:30 p.m. at Food Domain, along Old Otukpo Road. According to the owners, the incident was discovered shortly after the vehicle was parked at the location. They have since appealed to members of the public to assist with information that could lead to the recovery of the car. Anyone who sights the vehicle or has useful information is urged to report to the nearest police station or contact Prof. Saawua Apeoon Tor-Anyiin on 08071767797, Terfa on 08166415920, or Tor-Anyiin Vivian on 07030404596. They also called on residents to remain vigilant and support security agencies in efforts to track down the stolen vehicle.

TESLA LOSES CROWN AS WORLD’S LARGEST ELECTRIC VEHICLE MAKER AFTER SECOND STRAIGHT YEAR OF SALES DECLINE. (PHOTO)


Tesla loses crown as world’s largest electric vehicle maker after second straight year of sales decline

 Tesla has lost its position as the world’s top electric vehicle maker after sales fell for a second consecutive year, pressured by political backlash surrounding CEO Elon Musk, the expiration of U.S. tax incentives, and intensifying global competition. The company reported delivering 1.64 million vehicles in 2025, a 9% decline from the prior year. Chinese automaker BYD surpassed Tesla by a wide margin, selling 2.26 million vehicles and claiming the global lead in EV sales. The shift marks a dramatic reversal for Tesla, once viewed as an unstoppable force that reshaped the auto industry and propelled Musk to the top ranks of global wealth. The downturn came despite high-profile political support early last year, when President Donald Trump publicly praised Musk and announced plans to buy a Tesla.

Sales weakened further in the fourth quarter, with deliveries totaling 418,227 vehicles, missing even lowered expectations. A major factor was the expiration of a $7,500 federal tax credit for electric vehicles, which was phased out at the end of September, dampening demand. Tesla’s stock slipped 2.6% following the sales report, though it still finished 2025 up about 11%, reflecting investor confidence in Musk’s broader vision for the company. That optimism centers less on car sales and more on Tesla’s ambitions in autonomous driving, robotaxi services, energy storage, and humanoid robotics.

The latest quarter marked the first sales of newly introduced lower-cost versions of the Model Y and Model 3, unveiled in October to reignite demand. The updated Model Y is priced just under $40,000, while the Model 3 comes in below $37,000. Moves aimed at improving competitiveness against lower-priced rivals, particularly in Europe and Asia. Even so, expectations remain muted, with forecasts pointing to continued pressure on revenue and a sharp drop in earnings as Tesla works through pricing challenges and higher costs.

Musk has increasingly emphasized that Tesla’s future lies beyond traditional vehicle sales. The company began rolling out its robotaxi service in Austin last June, initially with safety monitors and later testing fully driverless operations. Tesla plans to expand the service to multiple cities this year, placing it in direct competition with established autonomous ride-hailing players while navigating mounting regulatory scrutiny. The company faces multiple federal safety investigations and legal challenges, including potential licensing consequences in California related to past claims about vehicle safety features.

Despite these hurdles, Musk has expressed confidence that software updates will soon allow hundreds of thousands of Tesla vehicles to operate autonomously without human intervention. Tesla is also targeting 2026 for production of its fully autonomous Cybercab, designed without a steering wheel or pedals. To keep Musk focused on executing that vision, Tesla’s board approved a massive new compensation package backed by shareholders, adding to his wealth after a court decision restored a previously blocked multibillion-dollar pay award. With plans for a future public offering of SpaceX shares, Musk’s personal fortune could climb even higher, even as Tesla works to reclaim momentum in a rapidly evolving electric vehicle market.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

TINUBU ANNOUNCES ARRIVAL OF 4 U.S ATTACK HELICOPTERS. (PHOTO).