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 policies. Tesla, General Motors, and Ford all have said they plan to sIow production essentially until the economy shows some signs of settling 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 eIectric 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 aIso 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 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 vehicIes. 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 fleet vehicles and hybrids.
Jennifer Lopez Breaks Silence After Her Divorce and Everyone Keeps Commenting the Same Thing
Jennifer Lopez has finally addressed her recent divorce filing from Ben Affleck, sharing her thoughts with fans through a series of candid photos and messages.
The 55-year-old singer and actress posted a collection of snapshots on Instagram, capturing moments from her summer. This marks her first personal update on social media since filing for divorce from Affleck.
In the Instagram post, Lopez wrote, “Oh, it was a summer,” hinting at the emotional journey she has been on. The photo carousel included various images, such as one where she is seen with her sister, Lynda Lopez. Another image featured a thought-provoking quote: “Everything is unfolding in divine order.” One more showed Lopez wearing a t-shirt that read, “She’s in bloom and unbothered, out of reach and at peace,” reflecting her current mindset.
Fans were quick to show support for their favorite celebrity in this time of distress. Comments read “That bounce back is beautiful!! Thank you for finding YOUR peace and happiness. You deserve all things BEAUTIFUL!” and “I love this, keep dancing, loving, and living, mama.”
The news of the divorce filing was confirmed on August 20, with reports indicating that Lopez filed the paperwork in Los Angeles after two years of marriage. Notably, she listed their date of separation as April 26. Interestingly, the filing occurred on the anniversary of their 2022 wedding, which took place at Affleck’s estate in Georgia.
A source close to the situation shared that the timing of the divorce was deliberate. “The timing of the divorce was a big statement to Ben,” the insider revealed, suggesting that Lopez wanted to make a point with her decision.
As Jennifer Lopez moves forward, it is clear that she is focused on finding peace and clarity in her life. While the end of her marriage to Affleck marks a significant chapter, she seems determined to embrace the future with grace and resilience.
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