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Updated Tesla Model 3 revealed for 2024 sale

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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.

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Tech giants drive global mega-cap surge amid inflation relief

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Tech giants have taken the lead in propelling global mega-cap stocks to new heights.

This surge comes as a welcome relief for investors who have been closely monitoring the impact of rising inflation on the financial markets.

The tech sector, including giants like Apple, Amazon, and Microsoft, has been instrumental in driving the rally. These companies have reported robust earnings and strong growth prospects, which has boosted investor confidence. As a result, the market capitalization of these tech behemoths has reached unprecedented levels, contributing significantly to the overall rise in global mega-cap stocks.

The easing of inflationary pressures has played a pivotal role in this resurgence. Central banks’ efforts to tame inflation through monetary policy adjustments have begun to bear fruit, reassuring investors and stabilizing financial markets. As concerns over rapidly increasing prices recede, investors have become more willing to invest in mega-cap stocks, particularly in the tech sector, which has demonstrated resilience in the face of economic challenges.

Will the tech giants maintain their momentum and continue to lead the mega-cap surge, or are there potential risks on the horizon?

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Real reason bosses want employers back in the office

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As the world gradually recovers from the pandemic, employers are increasingly pushing for their staff to return to the office after years of remote work.

 
The driving force behind this push is the sharp decline in commercial property values, which has left many businesses concerned about their real estate investments.

Commercial property values have plunged in the wake of the pandemic, with many companies downsizing or reconsidering their office space needs.

This has put pressure on employers to reevaluate their remote work policies and encourage employees to return to the office. #featured

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Businesses cash in on Black Friday sales

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Black Friday, the annual shopping frenzy, has become a global phenomenon rooted in economic strategies.

 
Retailers deploy various tactics to lure consumers, creating a win-win scenario for both shoppers and businesses.

The concept of Black Friday traces its roots to the United States, where it marks the beginning of the holiday shopping season. Retailers offer significant discounts on a wide range of products to attract a massive customer influx. This strategy, known as loss leader pricing, involves selling a few products at a loss to entice customers into stores, hoping they will buy other items at regular prices.

Retailers also employ the scarcity principle by advertising limited-time offers and doorbuster deals. This sense of urgency compels consumers to make quick decisions, boosting sales.

Furthermore, online shopping has revolutionized Black Friday economics. E-commerce giants use data analytics to customize deals, targeting individual preferences. Cyber Monday, the digital counterpart to Black Friday, capitalizes on the convenience of online shopping. #featured

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