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.
Breaking: Robert Pattinson and Suki Waterhouse Quietly Welcome First Baby (Photo)
Twilight actor Robert Pattinson is now a dad! Robert and Suki Waterhouse, have welcomed their first baby together after dating for years.
Suki announced her pregnancy in the most sparkling way.
It was during her performance at Mexico’s Corona Capital Festival that Waterhouse let the audience in on her secret. Adorned in a shimmering pink dress and a coat with feathers, she playfully hinted, «I’m extra sparkly today because I thought it might distract you from something else that’s going on.» The reveal of her pregnancy came with a flourish of her coat, unveiling her baby bump to the delighted fans.
The couple was spotted outside with their baby.
At 32, Suki Waterhouse, known for her acting and singing talents, became a mother. She and her 37-year-old partner, Robert Pattinson, enjoyed a leisurely stroll in Los Angeles, with Pattinson guiding a pink baby carriage.
Waterhouse’s relationship with Pattinson has been a constant for over half a decade. Their romance began to blossom in the public eye back in July 2018, and by December, they had decided to take the next step. «They are engaged. They both want to be married. It’s important for them,» confirmed an insider.
Another celeb who recently welcomed a bundle of joy is Gal Gadot, who became a mom for the 4th time. Read the full story here.
Preview photo credit Jordan Strauss/Invision/East News, Jordan Strauss/Invision/East News
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