Automaker Suffers Major Losses of Billions Due to Electric Vehicle Investments in 2023.

As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.

Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.

The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.

Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.

Watch Biden test drive the Ford Lightning pickup here:

General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”

Mоm lеаvеs “bаby” in саr whilе shе shорs аt Таrgеt – рrоmisеs оthеrs thаt hе’s ОK

These days, it seems as though you can hardly move in public without running the risk of being discovered online.

We have truly entered the era of viral tales and clips, where funny, awkward, and occasionally extremely personal movies and images of ourselves can be published and shаrеd instantly over the internet.

Of course, this can be exploited, but it can also occasionally be used for good; consider the instances in which people are called out for wrongdoing.

I think that’s what people on the internet thought was going on when an Instagram picture went viral in early March, supposedly showing a message written by a mother who had left her infant in the car to go shopping at Target.

Sufficient to halt the heart, surely? There’s more to this story than meets the eye, so don’t worry.

Influencer Bonnie Engle posted a reel on Instagram back in March, and it quickly went viral. The video has received millions of views and over 1,000 comments since it was posted.

The aforementioned video features a close-up of a handwritten message that has been taped inside a car window and says, “My baby is OK.” He’s got his drink and his nibbles! I’m in Target right now. Return soon!

It goes without saying that for many of the people who watched the video, the note alone was enough to startle.

However, many who were willing to watch the film quickly realized that Engle is more of a mischievous spouse than a terrible mother. The camera pans back a few seconds after the previously described close-up on the message in the window, exposing that Engle’s baby in the car is actually her husband.

“Please no judgment,” is how the influencer captioned the Instagram video. He is secure and in good health.

Her spouse is spotted waiting inside the car while enjoying some popcorn.

Thankfully, viewers in the comments section found humor in Bonnie’s video.

One person wrote, “My heart dropped and then I LMAO.”

Another said, “Leaving them in the car is so much easier.”

“For a split second, I thought I was going to lose it… That surprised me, too,” a third person said.

Many of Engels’ posts, according to reports, are lighthearted and ideal for mothers who can identify with the day-to-day challenges of motherhood.

What was your impression of Bonnie’s video? Use the comment section to shаrе your opinions with us.

This video undoubtedly had a humorous component, but it’s crucial to constantly keep in mind that you should never leave kids—or dogs, for that matter—in heated cars

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