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.
Angelina Jolie through the years: The star’s life in photos
Angelina Jolie has lived her whole life in front of the spotlight. She was born to father, Jon Voight, and mother, Marcheline Bertrand in 1975. Now, on her 46th birthday, see her evolution through the years in the limelight.
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Jolie clings tight to father, Jon Voight, in 1980.
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Angelina Jolie, Jamie Haven and Jon Voight attend the Academy Awards in 1986.
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Angelina Jolie, Jon Voight, and Jamie Haven at the 60th Academy Awards.
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Jolie starts life in front of the camera while modeling a bikini in 1991.
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Jolie attends the premiere of “Wallace” in 1997.
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Jolie at the premiere of “Gia” in 1998.
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Jolie goes blonde for the SAG Awards in 1999.
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Angelina Jolie and Billy Bob Thornton get close at the “Gone in 60 Seconds” premiere. The two were married from 2000 to 2003.
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Jolie smolders in a beige dress at the “Taking Lives” premiere in 2004.
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Jolie out with baby Maddox in 2003.
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Jolie arrives to the Venice Film Festival in 2004.
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Jolie beams next to Brad Pitt at the premiere of “Mr. and Mrs. Smith” in 20o5. The two began their relationship while filming the movie while Pitt was still married to Jennifer Aniston.
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Jolie films “Life or Something Like It” with a platinum blond wig.
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Pitt and Jolie attend the premiere of “God Grew Tired Of Us” in 2007.
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Jolie steps out with Maddox and Shiloh in 2007.
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Angelina Jolie steps onto the red carpet while pregnant in 2008.
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Pitt and Jolie attend the SAG Awards in 2009.
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Jolie out with her children in 2011.
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Jolie showing off some leg at the Academy Awards in 2012.
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Pitt and Jolie attend the “Maleficent” premiere in 2014. The two filed for divorce in 2016.
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Pax Jolie-Pitt and Angelina Jolie attend the Netflix Golden Globes in 2018.
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Angelina Jolie attends the “Maleficent” premiere with her kids, Vivienne, Zahara, Shiloh and Knox in 2019.
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Jolie beams with her daughter, Vivenne, in 2020. While Jolie hasn’t acted in a movie since 2019’s Maleficent, she has stayed in the spotlight as her custody battle with ex, Brad Pitt, rages on.
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