Money

Updated Tesla Model 3 revealed for 2024 sale

Published

2 years ago

September 2, 2023

Tesla’s much-anticipated 2024 Model 3 has been officially unveiled for the Australian market, bringing with it price adjustments and estimated delivery timelines.

Tesla Australia is now accepting orders for the new Model 3 in two variants: the base Model 3 RWD and the Model 3 Long Range. The base Model 3 RWD starts at $61,900 before on-road costs, representing an increase of $4,500 compared to the pre-facelift version. Meanwhile, the Model 3 Long Range carries a starting price of $71,900 before on-road costs, reflecting a $500 increase from the previous model.

Customers placing orders for these models can expect their deliveries to begin arriving between January and March 2024.

Key Details of the 2024 Model 3

– Model 3 RWD boasts an estimated range of 513 kilometers, an increase of 22 kilometers over its predecessor.
– Model 3 Long Range offers an estimated range of 629 kilometers, a boost of 27 kilometers.
– Acceleration times remain impressive, with the Model 3 RWD reaching 100 kilometers per hour in 6.1 seconds, and the Model 3 Long Range achieving the same speed in 4.4 seconds.

The exterior of the new Model 3 displays a sleeker front design with a simplified lower section compared to its predecessor. Under the surface, the vehicle features a revised suspension system, including new springs, dampers, and subframe mounting points, all aimed at enhancing ride comfort.

Furthermore, improvements have been made to the Michelin tires, which now offer softer sidewalls for a more comfortable ride and improved noise suppression.

Inside the cabin, the 2024 Model 3 features a new 15-inch screen with the same dimensions and processor as the previous model. The steering wheel has been redesigned and no longer includes column stalks for indicators or cruise control; instead, capacitive touch buttons have been integrated into the wheel.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Published

4 days ago

November 27, 2025

Harvey Vargas

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews

Money

Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

Published

5 days ago

November 26, 2025

Harvey Vargas

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.

The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.

Money

Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Published

6 days ago

November 25, 2025

Harvey Vargas

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar