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.
The View hosts defended Taylor Swift’s interaction with Celine Dion at the Grammys
Taylor Swift’s interaction with Celine Dion at the Grammys has been defended by The View hosts.
Swift took home the ‘Album of the Year’ award – for the fourth time – at the 66th AnnuaI Grammy Awards ceremony held on Sunday (February 4) at the Crypto.com Arena in Los Angeles.
However, rather than simpIy celebrating her win, some viewers flocked to social media to condemn Swift’s apparent treatment of Dion who was presenting the award.
Despite footage of the event showing Swift singing along to Dion’s ‘The Power of Love’ as the 55-year-old entered the stage, oh and the pair being snapped embracing after the ceremony was over, some sociaI media users honed in on the moment Swift took the award from Dion.
However, The View hosts have since addressed the moment and the backlash Swift has faced over it. During yesterday’s episode of The View, Sunny Hostin acknowIedged there’s been ‘controversy’ surrounding Swift’s acceptance of the award and people saying Swift ‘didn’t give [Dion] enough flowers’.
However, the host argued the moment was ‘Taylor’s’ and she was probabIy shocked and just ‘got caught up in the moment’. Co-panelist Sara Haines added there was clearly ‘a lot of emotion’ going on for Swift who she similarly believes was ‘shocked’. Alongside being targeted for her interaction with Dion, Swift has also faced criticism recently from NFL fans over her attending games in support of her Kansas City Chiefs’ player boyfriend, Travis Kelce.
Fellow The View host Ana Navarro commended Swift earIier in the show for ‘not letting [haters] take away her happiness and her success’. All those people bullying Taylor Swift are turning me into a Taylor Swift fan, she said. Because she’s responding to it with such grace and such joy.
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