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.
“96-Year-Old Italian Film Star Has Changed Dramatically”: You Won’t Believe Who She Is!
Midway through the 20th century, Gina Lollobrigida, a star of the silver screen, left her mark on the history of film. She was renowned for her remarkable talent and alluring beauty, and her colorful performances enthralled audiences all over the world.
Millions of people were captivated by Lollobrigida’s charisma and captivating on-screen persona over her remarkable career. Like many stars, though, she faced difficulties along the way. She has through personal struggles throughout the years that put her fortitude to the test.
Despite her difficulties, Lollobrigida continued to inspire admirers all around the world. Even in the face of hardship, her indomitable spirit and commitment to her work persisted.
Gina Lollobrigida was more than simply an actress; she personified the ideals of beauty and love at a certain time in history. For many decades to come, viewers will be inspired and enthralled by her influence on the film industry.
Gina Lollobrigida represented aspirations of beauty and love, and she was much more than just an actor. For many years to come, audiences will be enthralled and inspired by her contribution to the film industry.
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