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.
Travis Kelce Addresses Sideline Blowup with Andy Reid in Candid Conversation with His Brother (VIDEO)
Jason Kelce Addresses Travis Kelce’s Sideline Altercation with Andy Reid During Super Bowl 58 on ‘New Heights’ Podcast”
Philadelphia Eagles center, Jason Kelce, didn’t mince words when discussing his younger brother Travis Kelce’s heated exchange with head coach Andy Reid during Super Bowl 58. Travis, the tight end for the Kansas City Chiefs, was seen bumping into Reid and shouting in his face during a moment of frustration over being sidelined while the team struggled on offense.
During their podcast, ‘New Heights,’ the brothers deIved into the incident, with Jason expressing his disapproval. “You crossed the line. I think we can both agree on that,” Jason stated. “Let’s be honest, the yelling in his face, too, is over the top. I think there are better ways to handle this, retrospectively.”
Travis acknowledged his mistake, admitting he went too far. “I can’t get that fired up to the point where I end up bumping the coach and getting him off balance and stuff,” Travis conceded.
Despite the confrontation, Travis expressed his Ioyalty to Reid, stating he would continue to play for him even if Reid decided to retire. Reid, for his part, downplayed the incident, expIaining to reporters that Travis was passionate and simply caught him off balance while expressing his desire to contribute to the game.
“As much as he bumps into me, I get after him and we understand that. He just caught me off balance,” Reid remarked.
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