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.
Sean Hannity Blasts Fellow Co-Host Live On-Air : What’s Happened To You He Ripped Into Him
Longtime host Sean Hannity ripped into co-host Steve Doocy for providing a fact check on something former President Donald Trump said on the campaign trail. While appearing on Fox & Friends, the two Fox hosts got into an argument after Doocy brought up the possibiIity that Nikki Haley might win the New Hampshire GOP primary.
There are 300,000 Democrats, 300,000 Republicans, 400,000 independents. If they all show up, they’re going to make a big difference, Doocy argued, referring to independent voters possibly turning out in the GOP primary for Haley.
It definitely is a possibiIity I don’t happen to like – I love the people in New Hampshire, I love the state of New Hampshire – I don’t like their system. What they call open primary, where people, you know, they were switching in the Iast number of weeks from Democrat to independent so they can wreak havoc inside the Republican Party, Hannity replied.
Doocy stepped in to clarify that October 6th, months ago, was the actual deadline for switching parties. Doocy disproved the claim last week while discussing Trump’s criticism of Haley for reaching out to Democrats, of whom fewer than four thousand switched parties. Trump atta cked Doocy on Truth Social because he corrected him
Leave a Reply