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.”
Demi Moore, 60, Shines in Bikini Snaps and Reveals How She Keeps the Clock From Ticking
Even at the age of 60, Demi Moore, still looks stunning in swimsuits. While her appearance may seem like a mystery, Moore reveals her secrets lie in the power of self-care and cultivating a positive mindset. By placing a high value on her physical and mental well-being, the actress continues to radiate confidence and beauty.
She works out at home.
Many people choose to exercise at home instead of going to the gym, saving themselves the hassle of long commutes. It seems that Moore’s usual fitness routine isn’t as gym-centric as we thought.
In 2019, she admitted that she hadn’t been to the gym in over four years. On her Instagram, she shared her experience with The Mirror, a fitness system, and started her fitness journey with a short 15-minute dance-cardio session. “I haven’t exercised in, like, over four years. So, this is gonna be my next jam,” she shared.
She swims a lot.
Moore is often seen enjoying her time near the water, as evidenced by the numerous photos she shares on Instagram. “Cooling off in the Tropez suit,” she captioned some pictures of herself in a pool.
Swimming is widely recognized as an excellent form of exercise that not only helps tone muscles but also enhances strength and endurance. It’s no wonder Moore chooses to incorporate swimming into her fitness routine.
She spends a lot of time with her dog.
Moore has an adorable dog named Pilaf, and she loves sharing pictures and videos of him on Instagram. They do lots of fun things together, and recently, she posted a heartwarming video of them having a great time at the beach. The caption said, “Swimming lessons with Pilaf!”
Numerous studies have shown that owning a dog has many health benefits, like getting you more active and even helping to lower your blood pressure.
She believes beauty starts from within.
During a Goop panel discussion alongside fellow celebrity Gwyneth Paltrow, Moore shared her top skincare advice, emphasizing the importance of self-care from within.
“Look, I don’t have any super big secret. But I definitely think beauty starts on the inside. You can do anything you want to the outside, but if the inside isn’t looking or feeling good, then I don’t know if anything you do on the outside is going to be good enough,” she said.
After going through a string of challenging relationships and marriages, Demi Moore has reached a significant realization: before she can genuinely love someone else, she must prioritize loving herself completely and honoring her own desires. Now, at the age of 60, love has once again found its way into Moore’s life, and this time around, she is resolute in approaching it with a renewed outlook and making alternative decisions.
Preview photo credit demimoore / Instagram
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