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.
Matthew McConaughey SHUTS UP Joy Behar After She Asked This One Question
Joy Behar, host of the talk program, recently got into a heated argument with Matthew McConaughey when she asked a contentious topic.
When Behar questioned McConaughey about his opinions on a contentious political matter during an interview, the actor abruptly ended the question.
Recognized for his tactful handling of delicate subjects, McConaughey graciously refrained to speak, stressing the value of civil discourse and concentrating on points of agreement.
The interaction highlighted the difficulties in having a public conversation on politics, but McConaughey’s tactful diversion made an effect on the audience and brought attention to the importance of civility in conversation.
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