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.”
Chris Hemsworth’s Wife Slammed for Wearing ‘Pajamas’ to Star-Studded Event!
When Chris Hemsworth, the Australian heartthrob known for playing Thor, received his star on the Hollywood Walk of Fame, his wife Elsa Pataky was in the spotlight for the wrong reasons.
As Chris celebrated his big day on the red carpet, Pataky faced criticism from fashion fans online for her outfit.
Find out why people were so upset about Pataky’s fashion choice!
On May 23, Chris Hemsworth received his star at 6819 Hollywood Boulevard, joining 2,780 other stars on the Walk of Fame. He was honored for his impressive performances that have captured audiences worldwide.
Chris Hemsworth, 40, shared his thanks on Instagram after receiving his star on the Hollywood Walk of Fame. He posted several photos from the event and wrote, “This was wild and surreal! Huge thanks to the Hollywood Chamber of Commerce and the Walk of Fame selection committee for this honor. Also, a big shoutout to everyone who has helped and supported me on this amazing journey!”
His role as Thor in the Marvel Cinematic Universe has won him many fans around the world.
Chris Hemsworth’s Walk of Fame event was filled with family and friends. Among the photos he shared, you can see him with Robert Downey Jr., his proud parents, his wife Elsa Pataky, and their 12-year-old daughter India Rose, who was a bit shy in front of the camera.
Their twin boys, Sasha and Tristan, also joined in the celebration. One of them held Chris’s framed certificate, while the other sat by the new star with his dad’s name on it.
After the event, Elsa Pataky posted some family photos on Instagram and wrote, “We are so proud of you, my love… Congratulations on the Hollywood Walk of Fame Star.”
Fans loved the family photos and many admired the children for their great looks. However, some people focused on Elsa Pataky’s outfit.
Chris Hemsworth looked sharp in his navy suit and unbuttoned white shirt. But Elsa’s off-white gown with black lace received criticism. Some fans thought her style choices didn’t do justice to her beautiful figure and called her outfit tacky.
Some fans criticized Elsa Pataky’s outfit, comparing it to pajamas and commenting on her unbraided top. They felt it looked casual and not classy for the event. Others joked that she looked like she was rushed out of bed.
However, not everyone agreed. Some fans thought she looked stunning and didn’t see her outfit as lingerie or inappropriate.
Some fans praised Elsa Pataky’s look, calling her absolutely gorgeous and youthful. Others admired the couple’s relationship, saying it’s an ideal example of a perfect family.
The Hollywood Walk of Fame honors celebrities for their achievements, and Australian and New Zealand actors like Nicole Kidman, Russell Crowe, and Cate Blanchett have received this honor too.
What do you think of Elsa Pataky’s outfit? Share your thoughts and spread the story to see what others think!
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