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 policies. Tesla, General Motors, and Ford all have said they plan to sIow production essentially until the economy shows some signs of settling 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 eIectric 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 aIso 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 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 vehicIes. 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 fleet vehicles and hybrids.
Woman Goes to Neighbor’s Garage Sale, Finds Her Missing Daughter’s Jacket — Story of the Day
Kaylee’s daughter, Amanda, went missing two weeks ago. Despite extensive search efforts, there were no leads. One day, while putting up flyers, Kaylee stopped by her neighbor Angela’s garage sale and was horrified to see Amanda’s jacket—the one she wore the night she disappeared.
Kaylee approached Angela, demanding, “Where did you get this?” Angela, startled, explained she bought it at a second-hand store near the bus station. Determined, Kaylee drove to the store, hoping for clues. The seller vaguely recalled a girl matching Amanda’s description who sold the jacket for bus fare.
Kaylee’s hope was reignited. She searched the bus station for more information but found none. Feeling defeated, she sat on a bench and found an address in Amanda’s jacket pocket. It led to a neighboring town where Amanda’s biological mother lived.
At the house, a disheveled woman confirmed Amanda had been there but was no longer. Desperate, Kaylee continued her search and finally spotted Amanda sheltering from the rain on a porch. “Amanda?!” she called out.
“Mom!” Amanda cried, running to Kaylee. They hugged tightly, both in tears. Amanda explained she had sought her biological mother but regretted it. “You’re my real mom,” Amanda admitted. Kaylee forgave her, and they went home together, relieved and reunited.
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