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.”
“Wheel of Fortune” Viewers Are Livid Over This “Zero Sense” Puzzle That Cost Contestant a Car
Wheel of Fortune often provides great fun to its viewers with clever puzzles to mull over with your family members. But the game show gets not so hilarious when there are a thousand of dollars on the line and one mistake gets too costly. This is exactly what happened to one unlucky contestant, who lost out on a grand prize, but gained Internet’s support.
Lucky streak that ended badly.
Laryn Nelson, a school principal from Atlanta, was on fire during her Wheel of Fortune run that didn’t end exactly as she expected. During the episode, Nelson seemed to be enjoying herself quite a bit and racked up a total $24,250 in winnings. She gladly stepped up to complete the bonus round, which is where her troubles began.
The puzzle presented to Laryn read “_ _T_INING M_ G_ _LS”. The contestant quickly figured out the “MY GOALS” part, but was struggling to zero in on the verb. She suggested that the solution was “PITCHING MY GOALS”, but was seemingly incorrect. Once the time ran out, the answer was revealed as “OBTAINING MY GOALS”.
Nelson was visibly frustrated with the solution and said: “Oh my goodness. Alright. Alright. That’s okay. I’m gonna do that one day though, obtaining my goals.” The host, Pat Sajak, then went on to reveal that the grand prize that Laryn could’ve taken home was a brand-new car, which made the contestant scream frustration. At least, she did win $24,250.
Fans online call out the nonsensical puzzle.
After the show aired, many Wheel of Fortune viewers took to social media to voice their confusion over the puzzle presented to Laryn Nelson, saying that no one uses the phrase “obtaining my goals”.
And in order to avoid that happening to you, if you ever end up on Wheel of Fortune, we offer you a selection of riddles that’ll get your brain in shape. You can exercise your thinking chops here.
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