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.
HAPPY MOMENTS: Taylor Swift and Travis Kelce Seal Victory with Kiss After Kansas City Chiefs’ Super Bowl 2024 Triumph.
Taylor Swift, unable to contain her reaction, was left visibly in shock as Mecole Hardman’s touchdown secured the team’s OT win.
The Chiefs began the game with a worrisome 10-3 score, eventually reaching 19 all until OT.
Swift, in the VIP box with Ice Spice and Blake Lively, went wild in celebration.
Supporting Travis Kelce since the 2023 season began, Swift has attended 13 Kansas City Chiefs games (including the Super Bowl). The pop singer flew in from Japan a few hours ago, making it in time to see her boyfriend create history at the Allegiant Stadium in Las Vegas.
Earlier during the game, Swift was caught in another viral moment as she huddled with her friends in similar fashion. It was the first lead for the Chiefs of the night, Mahomes passing to wide receiver Marquez Valdes-Scantling.
Mahomes was just as pumped post-game, out of breath as he credited the win to his teammates:
“The guys never faulted. I can’t take all the glory, man. I’m proud of my guys, man. This is awesome. Legendary”.
Speaking about coach Andy Reid and the final call, Mahomes added:
“Coach Reid, he’s a legend, man. And Mecole Hardman, battled through adversity this year. Making that play was special. It’s a start (of a dynasty). I’m not done. We’re going to celebrate tonight, but we’re not done. We got a young team, we gonna keep this going”.
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