Three of the biggest producers of eIectric 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 slow production essentially until the economy shows some signs of settIling 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 pIanning 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 vehicles.
Over at Ford Motors, they are cutting one of the three shifts that currentIy 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.
He built an 89-square-foot house—wait until you see the inside!
At just 13 years old, Luke Thill from Iowa stands out from his peers—not because of his love for video games or gadgets, but because he built his very own tiny house. Unlike most kids his age, Luke turned his boredom into an ambitious project: a fully functional, 89-square-foot house in his parents’ backyard.
A Dream Built on Determination
Luke’s dream of building a house began with a simple desire to do something meaningful. His project, which cost about $1,500, took a year of hard work to complete.
To fund it, Luke mowed lawns, organized online fundraisers, took on odd jobs, and even bartered for services. For instance, a family friend helped him install electrical wiring in exchange for Luke clearing out his garage.
Luke also incorporated sustainability into his project. About 75% of the materials he used were recycled, including items from his grandmother’s house and a front door gifted by his uncle’s friend.
A Minimalist Sanctuary
The tiny house, measuring just 10 feet long and 5.5 feet wide, has electricity but no plumbing yet. Inside, it’s a cozy retreat complete with a loft bed, a microwave, a TV, and even a barbecue setup outside. It’s a space where Luke can unwind, do his homework, and occasionally spend the night.
“I liked the minimalism,” Luke explained. “And I wanted to have a house without a huge mortgage.”
Lessons in Responsibility
Luke’s parents were supportive of his venture but ensured he took ownership of the project. His father, Greg, made sure Luke covered most of the expenses himself.
“It was a chance for a kid to do something more than play video games or sports,” Greg said. “It teaches life lessons.”
Inspiring a Generation
Luke’s story has captured the attention of many, especially through his YouTube channel, where he shares videos documenting his journey. He hopes to inspire other kids to take on big projects and realize their potential.
“I want to show kids it’s possible to build at this age,” Luke said.
Have a look at this project below:
Looking ahead, Luke dreams of building a slightly larger house when he’s older—perhaps one he can use during college.
A Young Visionary
Luke Thill’s tiny house is more than just a personal achievement; it’s a testament to hard work, resourcefulness, and the power of dreaming big. His story is an inspiring example of what young people can accomplish with determination and a little support from their family.
If you’re inspired by Luke’s incredible project, share his story to encourage others to think big and act boldly!
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