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.
I Returned Home from My Wife’s Funeral to Find a Baby Carriage on My Doorstep — I Went Pale at What I Found Inside
After losing my wife, Emily, to cancer, I thought my dreams of family and happiness were over. Then, on the day of her funeral, I found a mysterious baby carriage on my doorstep with a letter from her inside. She had made arrangements for a surrogate to carry our child if I chose to pursue it.
Emily was the type to remember your coffee order after one meeting and bring soup when you were sick. She’d planned every detail of our lives, from our yard in the suburbs to the family we never got to start. Even in her final days, she prepared for the future, ensuring I’d be okay after she was gone.
In the letter, she’d made arrangements for a surrogate named Natasha and left detailed instructions on the next steps, but still gave me the choice. After months of grieving and talking with her sister Kate, I decided to move forward. This past spring, our daughter, Lily, was born. Now, sitting in her nursery, I see Emily’s spirit reflected in Lily’s tiny features. Emily knew me better than anyone, even planning for a future without her. Through Lily, she’ll always be with us.
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