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.
Why jeans have a tiny pocket inside the bigger one
Have you ever found yourself wondering what the tiny pocket-within-a-pocket is for on your jeans? You know the one I’m talking about; that small, seemingly useless space that doesn’t appear large enough to hold anything.
If you’ve ever tried to see what fits in there, you’ll know it’s far too small for a cellphone, while it’s awkward to jam cash – be it coins or notes – in there. The same goes for a ring of keys; there just isn’t room.
So what are those little pockets for? Well, fortunately for our curious readers, we have something of an answer… and it might not be at all what you were expecting.
Be they male or female models, chances are if you look at a pair of jeans, you’ll find two pockets on the front and two pockets on the back. What you might also find, however, is a strange little pocket inside one of the front pockets.
Go ahead and have a look. Almost all jeans have them, though their presence is enough to leave most of us scratching our heads.
As mentioned above, these pockets are far too small to hold anything of real significance (even getting two fingers into them is a challenge). So what purpose do they actually serve?
Interestingly, to find the origin we have to go back almost two hundred years. That little thumbnail-sized pocket isn’t a modern addition to jeans; instead, it was a practical solution for something that’s no longer a real problem today.
Behind the invention is none other than legendary jean manufacturer Levi’s.
According to UK newspaper The Independent, the first ‘extra’ pocket came into use in the 1800s. The reason? To assist the most common wearers of jeans at that point in time… cowboys.
Cowboys usually carried their pocket watches on chains or inside their waistcoats, but both of these methods put the watch at great risk of being broken during their owner’s day-to-day duties.
In order to combat this, Levi’s introduced a small pocket designed to carry a watch safely. By keeping their watches in these tiny pockets, cowboys could ride without fear of them being smashed on a ride.
How’s that for innovation?
If I’m honest, I had no idea. If you ask me, it’s incredible that the design has stuck with jeans all the way through to modern day. Cowboys might no longer be around, but their watch pockets certainly are!
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