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.”
Richard Gere, 75, and his wife Alejandra Silva, 41, recently stole the spotlight with a public display of affection on the red carpet at the Zurich Film Festival
The 75-year-old Richard Gere and his 41-year-old wife Alejandra Silva recently wowed onlookers with their passionate gesture on the Zurich Film Festival red carpet as they attended the film’s premiere of “Wisdom of Happiness.” On October 8, 2024, Silva dazzled in a gorgeous cream and silver gown, while Gere looked smart in a classic black tuxedo. As they posed together, the couple, who looked to be totally in love, enjoyed intimate moments that highlighted their strong bond.
Gere wore a black bow tie and a spotless white shirt to go with his elegant tuxedo for their romantic evening at Corso in Zurich. Silva wore a sleeveless dress with a unique layered design that accentuated her toned arms. The silver heels perfectly complemented her manicure
Supporters were eager to show their appreciation for the couple, complimenting their appearance and chemistry in numerous remarks. “How sweet,” one fan wrote, while another said, “She is a very attractive lady.” What he sees in her, I see as well. They are a compatible pair. “Beautiful couple,” and “Love Richard Gere,” were posted by other admirers.
Although the majority of responses were encouraging, one person expressed dissent, saying, “She’s much younger, but hey, it’s their life.” I dislike her outfit at this place. Furthermore, a few fans pointed to a similarity between Silva and Julia Roberts, the actress who costarred with Gere in the cherished movie “Pretty Woman.”
One of the movie’s most iconic scenes had Gere’s character, Edward, playing the piano as Roberts’ character, Vivian, walked in. Years later, Gere made a sarcastic quip about their electric chemistry, adding, “I mean, no chemistry.” It was clear that there was no chemistry between this actor and this actress. That’s not anything I’ve seen in a while. It’s a seductive scene.
The real bond between Gere and Silva was evident during their appearance, as they remained close, in sharp contrast to the dynamics on screen. Before, Silva told Richard how happy she was, saying, “I never thought I’d find a man so perfect for me.” There are no words to express how happy I am. She has also stated that it was intended for them to be apart in terms of age. Silva remarked, “He has promised me at least 20 good years!” and said that Gere’s intensity frequently made it difficult for her to keep up with him.
Silva also brought attention to the fact that friends frequently make assumptions about what Gere gains from her and remark on how much he loves her. She feels that her steadfast dedication to serving others has given him stability. Above all, the fact that I wasn’t a model or an actor helped. That has never piqued my attention. Our shared commitment to Buddhism and the Tibetan people, as well as our desire to assist those in need, are what have most brought us together, she said.
Silva’s resolve to stick with Gere is reinforced by her description of their love as the most romantic and delightful dream she has ever had. Gere has stated that, as a result of being married to a lady who is so stunning, wise, and compassionate, he feels like the happiest guy alive. He is impressed by her commitment to humanitarian causes, her easygoing demeanor, her patience, and her extraordinary culinary abilities—especially her renowned salads.
Every time they go to important occasions together, their devotion for one another is obvious. On September 1, 2024, Gere made a noteworthy appearance at the Venice Film Festival in Italy. He was accompanied not only by his spouse, but also by his attractive son, Homer Gere.
The duo was the talk of the red carpet at the amfAR Gala Venezia. Gere looked dapper in his tuxedo, and Silva complemented him with an equally elegant dark blue gown by Silvia Tcherassi that included gorgeous lace floral appliqués. The dress had a daring low-cut back and a flowing skirt with a high neckline.
Videos from the occasion showed the pair exchanging passionate looks and striking poses for the cameras. Homer even made an appearance, flaunting his tuxedo and spending quality time with his father. Many people made comments about their appearances as the crowd saw the family connection, with one saying, “His son looks a lot like him! fortunate man
Gere was spotted joyfully greeting spectators as they arrived by boat at the Venice Film Festival, prior to their glitzy event. During their boat ride, they were also observed conversing, underscoring the close relationship between father and son.
about stage during the festival, Gere reflected about his 1978 debut picture, “Days of Heaven,” in a moving moment. “This is so emotional for me to see— this is my first film and [..] I don’t think I’ve seen this probably in 30/40 years,” he said after seeing a moment from the film. Noting that he was only a few years older than his son at the time he made the movie, he took great satisfaction in Homer’s emerging acting career and acknowledged his artistic ability.
Leave a Reply