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.”
Heartbreaking footage of an abandoned dog tied to a fence during Hurricane Milton has sparked outrage online
People are holding a dog owner accountable who left their pet alone right before Hurricane Milton made landfall. An officer responds to a distress call regarding a dog that is tied to a fence near I-75 in a widely shared video that was made public by the Florida Highway Patrol on October 8. In the video, the dog is seen standing in water up to its legs while the officer approaches with caution.
The video shows the kind officer telling the terrified dog, “It’s okay.” The dog starts off growling and barking, but the officer handles it calmly and says, “I don’t blame you,” understanding the animal’s apprehension. It’s alright. “FHP Troopers rescued a dog left tied to a pole on I-75 near Bruce B Downs Blvd this morning,” the Florida Highway Patrol Tampa later tweeted. Please, don’t do this to your dogs.
“The dog rescued by @FHPTampa is safe and receiving care,” the Florida Department of Highway Safety and Motor Vehicles announced after verifying the canine’s rescue a few hours later. After being examined by a veterinarian, the dog was given the all-clear. The idea to name the rescued dog “Trooper” in honor of the police officers who saved it has been floated around social media.
There has been a great deal of public outcry over the abandonment, with many people advocating for legal action against the owner and expressing disgust at their behavior. Among the remarks were, “This is absurd.” “Those who harm children and pets are the lowest in society and need to be dealt with accordingly,” and “The owner needs to face legal consequences.”
Regarding whether the dog’s owner has returned it, there have been varying accounts; however, the Florida Department of Highway Safety and Motor Vehicles has verified that these reports are untrue. “The dog was rescued and taken to a vet where he received a clean bill of health,” the spokesperson claimed. Right now, he is secure and receiving attention.
This incident emphasizes the importance of careful pet management, particularly in dangerous situations like hurricanes, as well as the necessity of providing immediate care for animals during catastrophes.
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