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.
Tiny Pup Rescued From Puppy Mill Was ‘Introduced’ To A New Friend And Starts His New Life
Ruggles the tiny Shih-Tzu puppy was rescued from a puppy mill and then introduced to a new friend to signal a brand new beginning!
Ruggles the tiny Shih-Tzu puppy was rescued from a puppy mill and then introduced to a new friend to signal a brand new beginning. His unlikely pal, Chompers the kitten, was found alone under a porch when she was only two days old. Watch as they meet each other for the first time in the video below.
Despite their rough starts to life, both Ruggles and Chompers are happy and healthy and were adopted into loving forever homes. Ruggles went on to become an official ambassador for the shelter that rescued him, the Cherokee County Animal Shelter. He visits schools to help educate kids on shelter dogs and puppy mills. How sweet!
A note from YouTube on their adoptions: “For those wondering why they were not adopted together… that was the shelter’s original plan, but Chompers (true to her name!) became too rough with little Ruggles, and due to his health problems, it was determined that it was in both of the animals’ best interest to be adopted separately. They are both happy and very much loved!”
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