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.
OMG … It was a historic moment! Simon Cowell was hysterical, pressed the button in a panic, but could you resist?
The scene unfolded on the stage of a popular talent competition, where contestants from all walks of life vied for a chance to showcase their talents and fulfill their lifelong aspirations. Among them stood a performer whose raw talent and poignant story resonated deeply with Cowell and the audience alike
The contestant, with nerves palpably evident, delivered a performance that was nothing short of mesmerizing. With each note sung or every move executed, they poured their heart and soul into their craft, leaving an indelible impression on all who bore witness.
For Cowell, renowned for his discerning eye and often brutal honesty, this performance struck a chord unlike any other. As the final notes lingered in the air, an uncharacteristic silence descended upon the auditorium.
Then, in a moment that would be recounted and replayed countless times, Cowell, visibly moved, rose from his seat.
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