Three of the biggest producers of eIectric 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 poLicies.
Tesla, General Motors, and Ford all have said they plan to slow production essentially until the economy shows some signs of settIling 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 pIanning 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 quarterly 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 electric 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 currentIy 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.
Dakota Fanning, 30, Reveals a Sweet Reason Why Tom Cruise Sends Her a Birthday Gift Every Year
Throughout her more than 20 years career, Dakota Fanning has collaborated with numerous esteemed Hollywood actors. Fanning opened up about her experiences working with such actors as Denzel Washington and Robert Pattinson. Among the many anecdotes she shared, one of the most heartwarming was about her time working with Tom Cruise in 2005’s War of the Worlds.
Tom Cruise gifted Dakota Fanning her first cell phone.
Fanning revealed that Cruise, whom she considers a lifelong friend, has been sending her a birthday gift every year since 2005. In a recent interview for Harper’s Bazaar Fanning shared that her first mobile phone came as a present from Tom Cruise. The actress revealed that her co-star in War of the Worlds gave her a Motorola Razr for her 11th birthday.
“Oh, my God, I was so excited,” she recalled this moment. However, Fanning admitted it might not have been the most practical gift, confessing that she didn’t have anybody to call or text at that time. “You know, I was 11,” she quipped, before adding, “But I loved having it. I loved it. I felt so cool.”
And the gifts didn’t stop at the iconic flip phone.
When Fanning joined Andy Cohen on the engaging show, Watch What Happens Live, she fondly revealed that Cruise didn’t stop his funny tradition. “He has sent me a birthday gift every year since I was 11 years old,” she disclosed, “Beautiful gifts.”
Now, more than a decade later, Fanning sometimes wonders if it will stop. “I always think, ’Oh, when I’m 18, he’ll probably stop. Oh, 21, he’ll stop.’ But every year. It’s really kind.”
Of course, Cohen asked Fanning to divulge what these “beautiful gifts” were, and surprisingly enough, the answer was fairly sensible, with Fanning revealing that “It’s usually shoes.”
It was not the only gift Dakota received from a Hollywood celebrity.
Dakota Fanning shared memories about a gift she got from her Dreamer co-star Kurt Russell. “Kurt Russell gave me a horse,” she said.
Reflecting on her experiences working with big names like Cruise and Russell since childhood, she mentioned that she didn’t feel intimidated, “Because I grew up familiar with being around people who would be considered ’intimidating’ kind of, I think it might’ve numbed that side of me a little. When you’re 8 years old, you’re sort of just getting to know a person as a person and not thinking about all of the other stuff, you know?”
Fans urge Tom Cruise to get anti-aging procedures, as he is deemed unrecognizable at 61. Click here to see photos.
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