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.
At 53, Kelly Ripa’s black gown on Oscars red carpet ignites reactlons from fans
It was a predictably eventful evening in LA this past Sunday at the 96th Academy Awards, hosted at the Dolby Theater.
Among the stand-out moments were John Cena’s naked walk across the stage to present the award for Best Costume Design and Al Pacino’s decision to skip over the nominations for Best Film altogether, instead going straight to announcing the winner.
There were also plenty of talking points to be gleaned from the red carpet, not least relating to the plethora of eye-catching outfits on show. As per reports, actress Kelly Ripa and husband Mark Consuelos were among those to steal the show, with the former causing a particular stir on social media.
Celebrities dominating headlines for their choice of garment for any particular awards ceremony is nothing new.
Yet in the age of social media, where live photos from the red carpet can be shared around the world at the click of a button, it’s become arguably more popular than ever to discuss and debate outfits in real time.
As such, it’s only natural to expect that an event of the magnitude of the Oscars, and those fortunate enough to be in attendance, is always going to be heavily scrutinized.
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