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.
They Only Ever Played This 9/11 Video One Time
It’s hard to believe that over two decades have passed since the 9/11 attacks. Reflecting on those events brings back the profound emotions we experienced during that difficult time.
In the aftermath of 9/11, many continued to honor the victims. Among those paying tribute was Budweiser, who created a commercial that became widely recognized.
The ad begins with the iconic Clydesdales running through a field, preparing to pull a wagon. They set off on a journey to an unknown destination.
As they travel through rural landscapes, they eventually reach a bustling city, crossing into New York City via the Brooklyn Bridge. From a distance, the majestic New York City skyline comes into view. The Clydesdales then bow in a solemn tribute to those who lost their lives.
This ad was shown just one time during the Super Bowl, but the complete version is available to watch here:
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