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Elon Musk’s Tesla Model Y Seven seater is coming this year!

Oct 19 2020 Share

Elon Musk has confirmed that a Tesla Model Y seven-seater is coming, introducing the spacious SUV to a third row of practical seats.

An account on Twitter asked “Any updates on the Model Y seven-seater,” with Musk replying, “Starting production on seven-seater next month, initial deliveries early December.” At the moment, the only available Tesla model has a 5 seat limit, however it comes with the additional option to have two rear seats in the trunk.

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Workers to be granted additional day of leave

Oct 19 2020 Share

The Government will be compensating workers for public holidays that fall on a weekend.

Thus, during 2021, workers will be granted an additional day of leave.

This post is brought to you in collaboration with PwC Malta.

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Increase in compensation of living and stipends

Oct 19 2020 Share

One of the first measures to have been announced in today’s budget is the increase in compensation for the cost of living.

The increase in compensation will be of €1.75 and is calculated according to a formula established by the Malta Council for Economic and Social Development (MCESD).

This increase will be given to all workers, pensioners and those with social benefits. Student stipends will be increased on a pro-rata basis.

This post is brought to you in collaboration with PwC Malta.

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President Vella signs budget document

Oct 19 2020 Share

During the traditional ceremony, which was also attended by Parliament’s Speaker Anelu Farrugia, President Vella signed the budget documents.

Prime Minister Robert Abela disclosed this morning that the budget would be called ‘Maltin b’Sa’itna’ l Quddiem. This is Prime Minister Abela’s first budget and Finance Minister Edward Scicluna’s eighth.

The Budget speech will be transmitted at 6.30pm on TVM

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