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Tesla gets set to launch Model S Plaid

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Tesla is about to take on luxury car makers Mercedes and Porsche with the all-new Model S Plaid

The car maker, led by Elon Musk, will deliver a high performance Model S Car on Thursday.

Tesla is aiming to reignite interest in the nearly decade-old sedan and fend off luxury car-making rivals such as Porsche.

Tesla redefined electric cars in 2012 when it launched its high-end Model S with a sleek design and long driving range, but is facing a raft of new challengers.

Tesla will unveil the new car at a live event in California.

CEO Elon Musk has has not confirmed if he will take the stage.

Musk however has been busy on Twitter promoting the new model.

Musk has called the Model S Plaid “the fastest accelerating car ever.”

The more powerful sports sedan goes from zero to 60 miles per hour (97 kph) in 1.99 seconds and has an estimated driving range of 390 miles.

While it offers little change in body style, as well as yoke steering the Plaid is expected to feature enhanced gaming with new titles and more powerful processors.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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