Three of the biggest producers of EVs are reportedly set to slow down production

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 poIicies.

Tesla, General Motors, and Ford all have said they plan to slow production essentially until the economy shows some signs of settIing 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 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 quarterIy 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 eIectric 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 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 fIeet vehicles and hybrids.

An old man was eating at a truck stop when three rough-looking bikers walked in.

Three gruff-appearing bikers entered the truck stop where an elderly man was dining.

The first biker chuckled and sat down at the counter after poking his cigarette into the elderly man’s pie as they passed him.

Taking up the old man’s milk, the second motorcyclist spat into it. Before stepping up to the counter with the other bikers, the third one turned over the old man’s plate.

Putting down his money, the old man stood up and walked out of the café without a word to the laughing bikers. The waitress heard one of the bikers ask, “Not much of a man, was he?”

Furthermore, not much of a truck driver, the waitress retorted. Just now, he backed his large vehicle over three motorcyclists!