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.
Elton John’s Grown Sons Are ‘Handsome’ & Not Spoiled Doing Chores for Pocket Money
Sir Elton John’s spouse, David Furnish, and they have been together for almost 20 years. Zackary and Elijah, the couple’s two youngsters, are also being raised to be humble and to understand the value of money.
The well-known performer Sir Elton John has put out thirty-two albums to far and is still going strong. At seventy-three, the singer is still in great demand.
The musician, who has enjoyed over thirty years of success in his career, would want to focus on other aspects of his life, like his wife to David Furnish and his two sons, Zachary and Elijah.
Before their lives became centered around raising their sons, John and Furnish had a brief affair in 1993. The “Sacrifice” singer declared that he had returned to his Windsor house and was eager to meet new people.
Then John said he instantly connected with Furnish and asked a buddy to invite Furnish and others to dinner. John was impressed by his neat appearance and quiet demeanor.
The following day, the two went on a date, which marked the beginning of their long-term romance. In 2014, following nine years of a civil partnership, they decided to tie the knot.
Leave a Reply