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.”
Less than a month after painful divorce, Jason Momoa, 44, “begging” star for a date – and you might recognize her
Although Jason Momoa isn’t exactly a newcomer to the single scene, it appears that he isn’t letting his time be wasted looking for love.
At least, that’s what RadarOnline claims, claiming that the actor from Aquaman and Game of Thrones is targeting Demi Moore. When Momoa met the actress at a recent Hollywood event, he is said to have fallen in love.
As his fans are well aware, Momoa, 44, formalized his divorce from his four-year wife, Lisa Bonet, earlier this month. The two are now free to look for other partnerships after a 12-year relationship.
If RadarOnline is to be believed, Momoa has gotten in touch with Moore, Ashton Kutcher and Bruce Willis’ ex-wife. It was made public last year that the 61-year-old and the former are parents to three children together, and that she was doing everything in her power to support Bruce during his terrible battle with dementia.
Moore isn’t in a relationship, but it appears that she’s prepared to work hard to win Momoa over.
The famous couple was reportedly sighted together on January 18 at a showing of the documentary Common Ground (about a week after Momoa and Bonet filed for divorce).
“After they chatted, Jason snagged her number from a mutual friend, and he’s been laying it on thick, telling her she’s the most gorgeous woman he’s ever seen,” an insider told the National Enquirer. He’s been messaging her, wishing her a day as lovely as she is.
Demi is enamored with it despite how corny it is.
Furthermore, according to the same story, Momoa is making every effort to further matters by asking Moore out on a date.
The source went on, “He’s been pleading with her for a date and even calling friends who know her, asking them to put in a good word for him.”
According to a source who spoke to the site, Jason has a serious fetish about hooking up with Demi. “He believes they would be a fantastic match and believes Demi has a lot to teach him.”
Momoa said goodbye to the house he formerly shared with his ex-wife after he and Bonet separated, opting to live in a van instead.
Many have been taken aback by this unexpected change in lifestyle, but Momoa readily shares photos of his “van life” on social media and enjoys the minimalist design and environmentally friendly features of his new residence.
How do you feel about Moore and Momoa maybe dating? Share your opinions with us in the comments section.
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