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.
The World’s First Trans Figure Skating Routine Did Not Go According To Plan
Minna-Maaria Antikainen, the world’s first transgender figure skater, had a mishap during her debut at the European Figure Skating Championships in Finland. Formerly known as Markku-Pekka Antikainen, she transitioned to a woman and started figure skating at 49.
During the opening ceremony, she stumbled and fell seconds into her performance but was helped up by a female hostess carrying the Finnish flag. Despite this, Antikainen had trained for eight years, practicing five hours a week and participating in other skating events.
The European Figure Skating Championships focused on promoting diversity and inclusion with the theme “Just be you.” However, same-sex pairs are still banned in the sport, and there’s no category for non-binary skaters. Hopefully, more countries will work toward equality and diversity in figure skating.
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