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 policies. Tesla, General Motors, and Ford all have said they plan to sIow production essentially until the economy shows some signs of settling 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 eIectric 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 aIso 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 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 vehicIes. 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 fleet vehicles and hybrids.
Praying for Jimmy Carter as His Foundation Makes Dreadful News
According to new reports, former President Jimmy Carter has entered hospice care. According to a statement provided by The Carter Center, the 39th president’s choice to enter hospice comes after many hospital hospitalizations.
“Following a series of short hospital stints, former US President Jimmy Carter elected to spend his remaining time at home with his family and receive hospice care instead of extra medical intervention. His family and medical staff are completely behind him.”
At 98 years old, Carter is the oldest living president. He’s held that record since 2018, when George H.W. Bush died at the age of 94, according to CNN.
Carter has had several health problems in recent years. The former president defeated brain cancer in 2015, and in 2019, he underwent brain surgery to relieve the growing strain.
Jimmy is a retired peanut farmer, US Navy Lieutenant, Sunday School teacher, and former US president. He is also a Habitat for Humanity volunteer and a 2002 Nobel Peace Prize winner.
Carter and his wife, Rosalynn Carter, live in Plains, Georgia. Amy, Donnel, Jack, and James are their four children.
Our thoughts and prayers are with Jimmy and his family as they support him through this difficult time.
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Jimmy and Rosalynn Carter honored with first-ever CNN Heroes Legacy Award
CNN announced its “Heroes of the Year” awards on Sunday night and for the first time ever, CNN also awarded a “Heroes Legacy Award.”
The inaugural winner? It’s former President Jimmy Carter and his late wife first lady Rosalynn Carter. CNN recognized Georgia’s favorite couple for their lifetime commitment to community service.
Rosalynn Carter died in November at the age of 96. Jimmy Carter has been in hospice care since February. The Carters’ granddaughter Sarah Carter accepted the award on her grandparents’ behalf.
“My grandparents had the ability to envision the world as it should be with astonishing moral clarity and the audacity and determination to pursue that vision over decades. And they touched so many people’s lives along the way,” Sarah Carter said.
The Carter family has committed their lives to several notable causes.
Jimmy Carter has worked in partnership with Habitat for Humanity since the mid-1980s. He earlier volunteered with the organization in Americus, Georgia where it was founded.
Rosalynn Carter made it her life mission to advocate for mental health. She played a key role in the passage of a federal law requiring insurance to pay for mental health treatment on par with physical illnesses.
President and Mrs. Carter were the longest-ever married presidential couple, having wed in 1946.
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