As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.
Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.
The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.
Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.
Watch Biden test drive the Ford Lightning pickup here:
General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”
My MIL Told My Daughter the Birthday Cake She Baked Was Disgusting – So I Made Her Seriously Regret Her Words
When my daughter Emma’s heartfelt birthday cake for her step-grandmother was cruelly rejected by Barbara, I decided enough was enough. Barbara had always been cold towards Emma, making her feel unwelcome in our blended family. Determined to defend Emma, I orchestrated a series of retaliations that made Barbara regret her hurtful words.
Emma, eager to win Barbara over, baked a beautiful cake for her birthday. But Barbara’s reaction was devastating—she called it “disgusting” and shattered Emma’s hopes. John, my husband and Emma’s father, tried to calm things, but Barbara remained unapologetic. Emma was left in tears, asking why Barbara didn’t like her.
That night, seething with anger, I plotted my revenge. Knowing Barbara cherished her garden, I spread manure in her prized flower beds. Barbara’s fury was palpable when she discovered the mess the next morning. I feigned innocence, enjoying the sweet taste of payback.
But I wasn’t finished. Before Barbara’s important dinner party, I swapped the sugar in her pantry with salt. The disastrous dessert that followed left Barbara embarrassed in front of her guests. Seeing her humiliated was satisfying, but it wasn’t enough to make up for her cruelty towards Emma.
Barbara’s habit of gossiping about Emma pushed me further. I anonymously reported her derogatory remarks to the community center where she volunteered, resulting in Barbara being asked to step down. She was livid, but she had no idea I was behind it.
For the final act of my revenge, I organized a family gathering where Emma baked another cake. This time, John and his father stood by Emma’s side. When Barbara tried to say something snarky, John firmly shut her down, declaring Emma’s place in our family.
Barbara was left speechless, realizing she had lost the support of her family. Emma felt loved and accepted, finally getting the celebration she deserved. It was a sweet victory, and Barbara knew she had been outplayed.
In the end, Barbara learned a valuable lesson about kindness and acceptance, while Emma learned that her family would always stand up for her.
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