Rex Airlines has announced the launch of three weekly flights between Adelaide and Perth, expanding its domestic network and offering increased competition and reliability to travelers. The new route marks the 12th domestic service for the Rex Group and will commence on June 28, 2024. Rex will operate Embraer E-190 jets on the route, with one-way fares starting from $249 economy.
Facing fierce competition and declining sales, Tesla has announced plans to introduce new electric vehicle models by early 2025. The announcement, made during Tesla’s recent conference call, sent shares soaring in after-hours trading. Tesla’s Chief Executive, Elon Musk, revealed that production for these new models is scheduled to begin in early 2025, potentially even by the end of this year. The models will be manufactured using a combination of Tesla’s current and next-generation platforms, offering a blend of affordability and enhanced technology. Tesla also teased the development of a purpose-built robotaxi product, utilizing a revolutionary manufacturing process. Despite Tesla’s caution regarding cost reduction expectations, investors welcomed the news of new models, hoping to revitalize Tesla’s position in the competitive EV market.
