Three of the biggest producers of EVs are reportedly set to slow down production

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.

Fixing Old Widow’s Roof, Men Find Stash Her Husband Left and Decide to Stay Silent about It – Story of the Day

This story is heartwarming and a powerful reminder of the kindness and love that can be found in unlikely places. Joseph’s compassion and integrity shine through as he not only prevents the theft of Vanessa’s precious items but also forms a bond with her that surpasses any biological ties. Their journey highlights the importance of valuing and caring for the elderly, who often hold stories, treasures, and wisdom that deserve respect, not exploitation.

Additionally, the story beautifully conveys that family goes beyond genetics. Vanessa and Joseph’s relationship blossomed into something deeper and lasting, showing that love, respect, and support can create family where it wasn’t expected. It’s a lovely reminder of the meaningful connections we can make by treating others with empathy and loyalty.

Related Posts

Be the first to comment

Leave a Reply

Your email address will not be published.


*