Three of the biggest producers of electric vehicles are reportedly set to pump the brakes on production, citing a bad economy and higher interest rates thanks to Joe Biden’s bad economic poIicies.
Tesla, General Motors, and Ford all have said they plan to slow production essentially until the economy shows some signs of settIing down.
Tesla CEO Elon Musk joined General Motors and Ford in voicing concerns that high-interest rates on car purchases would prevent borrowers from securing financing for expensive electric vehicles. Musk said, People hesitate to buy a new car if there’s uncertainty in the economy. I don’t want to be going into top speed into uncertainty.
Musk also is planning to take a wait-and-see approach to the economy before ramping up the planned Tesla factory in Mexico. Musk’s comments came after poor quarterIy results across the board.
Not only were Tesla’s sales down, but so were earnings per share and vehicle production.
General Motors, for their part, has plans to delay production of the eIectric Silverado and GMC Sierra pickup trucks by a year, citing flattening demand for the electrified vehicles.
Over at Ford Motors, they are cutting one of the three shifts that currently builds the electric F-150 Lightning pickup truck. The automaker made this decision following a summer where they took some of the focus off of electric, instead looking toward commercial fIeet vehicles and hybrids.
He thrived on the fringes of society, scavenging for meals in dumpsters, but somehow he rose to fame as a legendary actor and became a father to four children
Michael J. Fox has faced significant challenges in recent years, particularly due to his long-standing battle with Parkinson’s disease. This struggle has not become easier with time, but his story remains one of remarkable resilience.
Born on June 9, 1961, in Edmonton, Canada, Michael’s childhood was marked by frequent relocations due to his father’s service in the Canadian Armed Forces. His mother worked as a payroll clerk, providing stability in their blue-collar home. Eventually, the family settled in Burnaby, British Columbia, where Michael discovered his love for acting during junior high. He joined the drama division at school and quickly showcased his talent, landing a role in the Canadian Broadcasting Corporation series Leo & Me, thanks to encouragement from his theater teacher.
Determined to pursue acting, Fox moved to Los Angeles at 17, dropping out of high school. With support from his family, especially his father, who drove him to California, Michael was committed to making his dreams a reality. He later reflected on his decision, acknowledging that he came from humble beginnings: “I was living on the margins… dumpster diving for food”, he recalled in a 2023 interview.
His breakthrough came with the role of Alex P. Keaton in the hit sitcom Family Ties, followed by his iconic portrayal of Marty McFly in Back to the Future. Interestingly, Michael’s mother initially opposed his involvement in Back to the Future, worried about his demanding schedule. Yet, he went on to succeed, even if it meant enduring exhaustion.
During his time on Family Ties, he met Tracy Pollan, who played his love interest on the show. Although they didn’t start dating immediately, they eventually fell in love and married in 1988, welcoming four children together: Sam, Schuyler, Aquinnah, and Esmé.
Michael originally didn’t have the “J” in his name. When he learned there was another actor named Michael Fox in the Screen Actors Guild, he added the initial as a tribute to his favorite actor, Michael J. Pollard.
After a successful career, Michael retired from acting in 2020, stating that his struggle with speech made it difficult to perform. Following his diagnosis of Parkinson’s disease, he initially turned to alcohol but eventually sought help and publicly disclosed his condition in 1998. Since then, he has become an advocate for Parkinson’s research, founding the Michael J. Fox Foundation, which has raised over $750 million for the cause.
Michael J. Fox’s life is a testament to perseverance. Despite the obstacles he faced, he has become a beloved figure in Hollywood and an inspiration to many. His journey exemplifies the power of determination and passion, reminding us all of what can be achieved against the odds. Let’s celebrate not only his remarkable talents but also the inspiring story he continues to share with the world.
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