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.
I recently spent $6,500 on this registered Black Angus bull.
I put him out with the herd but he just ate grass and wouldn’t even look at a cow.
I was beginning to think I had paid more for that bull than he was worth.
Anyway……I had the Vet come and take a look at him.
He said,, the bull was very healthy, but possibly just a little young, so he gave me some pills to feed him once per day.
The bull started to service the cows within two days……. all my cows!
He even broke through the fence and bred with all of my neighbor’s cows!
He’s like a machine!
I don’t know what was in the pills the Vet gave him … but they kind of taste like peppermint.
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