Three of the biggest producers of eIectric 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 slow production essentially until the economy shows some signs of settIling 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 pIanning 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 vehicles.
Over at Ford Motors, they are cutting one of the three shifts that currentIy 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.
9-Year-Old Girl Featured on ‘Unsolved Mysteries’ Has Been Found Safe
Heather Unbehaun, who was accused of abducting her daughter from an Illinois suburb six years ago, has surrendered herself, marking the conclusion of a widely followed case. She is currently being held in custody at the Kane County Adult Justice Center in Illinois, facing abduction charges without the possibility of bail.
In a recent development, Kayla Unbehaun was discovered safe in North Carolina just days before her mother’s surrender and was subsequently reunited with her custodial father. Heather Unbehaun was apprehended in North Carolina on a fugitive warrant issued by Illinois authorities for charges of kidnapping and child abduction. Initially detained on a $250,000 bond, she was later released after posting bail on Tuesday, as confirmed by Asheville Police Department spokesperson Samantha Booth.
Kayla’s abduction occurred on July 4, 2017, following a parade in South Elgin, Illinois. Heather informed Kayla’s father, Ryan Iserka, that they were going camping but failed to return. Subsequently, a felony warrant was issued for Heather’s arrest.
The breakthrough in the case happened when an individual in Asheville recognized Kayla from the Netflix series “Unsolved Mysteries” and promptly alerted the authorities.
Ryan Iserka expressed gratitude to law enforcement officials and supporters for their efforts in reuniting him with Kayla. Heather Unbehaun is scheduled to appear in court next on Wednesday morning at the Kane County Judicial Center.
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