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.
Elon Musk Fires Entire Cast of “The View ” After Acquiring ABC
Musk’s acquisition of ABC leads to shock waves as entire cast of “The View” gets fired
In a move that has stunned the world of television, Elon Musk, CEO of Tesla and SpaceX, has acquired ABC and promptly fired the entire cast of the long-running talk show, “The View.”
Sources close to Musk say that he was “fed up” with the show’s constant negativity and lack of innovation, and decided to take matters into his own hands.
I’ve been watching ‘The View’ for years and it just seems like the same tired arguments over and over again,” Musk said in a statement. “I’m tired of it and I’m tired of the lack of progress in the world of daytime talk shows.”
The firing of the cast, which includes Whoopi Goldberg, Joy Behar, and Meghan McCain, has been met with both shock and applause from fans and critics alike.
“I’m thrilled that Elon Musk is shaking things up,” said one fan. “It’s about time someone came in and breathed new life into the world of talk shows.”Your thoughts?
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