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.
49ers Star Charvarius Ward the Lose of His 1-Year-Old Daughter
Superstar football player Charvarius Ward shared heartbreaking news on Instagram yesterday, October 29, 2024. In an emotional post, he revealed that his baby daughter had passed away.
49ers cornerback Charvarius Ward recently shared heartbreaking news on Instagram about the loss of his 1-year-old daughter, Amani Joy. Ward, who founded the organization Charvarius for Change in 2021, posted a loving photo of Amani smiling beside a loved one.
In his message, Charvarius expressed his sorrow, sharing that Amani had passed away on Monday morning, October 28, 2024. He described her as a “blessing” who filled their lives with joy, teaching them patience, trust, and positivity.
The grieving father, who began his football career at Hinds Community College, spoke about Amani’s strength and courage. He shared how she brought happiness to every room with her smile, adding that she had overcome challenges at such a young age.
Charvarius and Amani’s mom, Monique, felt privileged to experience the world through Amani’s eyes, which brought positive change to their lives. Charvarius ended his message by saying, “She will forever be daddy’s best friend and mommy’s little girl. We’ll miss you and love you forever, Amani Joy.”
In addition to his post, Charvarius shared on his Instagram Story with a message on a black background, saying, “I’m Broken ,” along with a photo of Amani in a onesie with the words, “My Baby. My Life. My Queen. My Heart. My Everything .” Monique also shared a post on her Story, writing, “My baby. God why? .”
The 49ers also expressed condolences, describing Amani as bringing joy to everyone with her “sweet demeanor and contagious laugh.” They added that they stand in grief with Charvarius and Monique, offering their love and support.
Earlier this year, Charvarius had shared a series of photos of Amani on Instagram to honor World Down Syndrome Day on March 21, 2024. He shared joyful moments with her and spoke about how Amani was a blessing. Initially, he and Monique struggled with her diagnosis, but those feelings turned to love once they saw her. Amani was born on November 17, 2022, and had undergone heart surgery early in life, but her parents cherished every moment with her.
An Instagram account created by Amani’s parents captured key moments of her life, from her birth to joyful times spent with her family. Our deepest condolences go out to Amani’s parents and loved ones as they mourn her loss.
Leave a Reply