As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.
Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.
The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.
Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.
Watch Biden test drive the Ford Lightning pickup here:
General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”
Son’s Heartwarming Gift to His Mom: Donates Hair After 20 Years of Her Brain Tumor Battle!
What started as a joke turned into one of the most amazing gifts a mother could ever receive from her son.
Matt Shaha, from Arizona, spent nearly three years growing out his hair to make a wig for his mother, Melanie, who lost her hair after receiving radiation treatment.
“It’s a no-brainer,” Matt said. “She gave me the hair in the first place.”
Melanie had been battling a benign brain tumor for years. She had two surgeries in 2003 and 2006 to remove the tumor. But in 2017, when the tumor came back, she had to start radiation treatment.
“I asked my doctor, ‘Will I lose my hair?’ and they said ‘No,’” Melanie said.
But three months later, she did lose her hair.
“It’s hard when you don’t have hair. People can say things that hurt your feelings,” Melanie told Today. “I don’t mind being sick, but I mind looking sick. I’d rather blend in at the store.”
Not long after Melanie started losing her hair, her 27-year-old son Matt jokingly said he would grow out his hair and make a wig for her.
Even though Melanie thought it was a sweet offer but didn’t want to burden him, Matt was serious about it. He spent the next two and a half years growing his hair long enough to make a wig.
When Matt’s hair was long enough, he and a few coworkers went to his mom’s house to cut it off. Melanie said, “We were super pumped, and when they started cutting, we bawled.”
Matt even paid $2,000 to have the wig made. They found a wigmaker who hand-stitched the hair to make it lighter and more comfortable. Once the wig was delivered, Melanie had it cut and styled.
“Seeing her in it was the first time I had seen my mom look like that since she lost her hair, so it’s been about four years,” Matt said.
Melanie loved her new look and felt deeply touched by her son’s gift. “It sure fills your emotional cup,” she said.
Look at the joy on Melanie’s face! Even Matt is beaming with happiness. I love this for both of them and their family.
Please share this heartwarming story.
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