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.”
“Not Classy,” Nicole Kidman’s Deep Cleavage Sparks Controversy, but Some People Are Defending Her
Nicole Kidman recently made waves online after her latest red carpet appearance, where she wore a daring dress that showed off her cleavage. While some critics were quick to claim that the 57-year-old actress is “too old” to wear such revealing outfits, her fans came to her defense, emphasizing that style has no age limit.
Nicole Kidman, 57, turned heads at the Los Angeles premiere of the upcoming Netflix limited series, The Perfect Couple, wearing a stunning black dress that shimmered under the lights. The floor-length gown featured a sleek, flowing design that accentuated her figure, while its bold, deep-cut neckline added a touch of daring glamour to her look.
As she walked the red carpet, the dress glistened and caught the attention of everyone in attendance, instantly making her one of the night’s standout stars.
A video of Kidman arriving at the event quickly went viral, prompting a flurry of online comments about her bold fashion choice. While many fans praised her daring style and timeless beauty, the deep cleavage on display became a focal point for discussion. Not all the feedback was positive—some critics took to social media with harsh remarks, questioning her choices.
Comments such as, “Too old for that dress,” surfaced, alongside another saying, “Not a fan of such exposure on the top half. It’s just not classy at all.” Despite these negative remarks, the conversation highlighted a divide in opinions regarding fashion, aging, and public expectations of women in the spotlight.
In response to the criticism, Kidman’s fans rallied to her defense, flooding the internet with messages of support and admiration for the actress’s bold look. Many praised her confidence and applauded her decision to wear what she loves, regardless of age.
Comments like, “It’s never too old, kudos to beautiful ladies,” and “THIS DRESS LOOKS AMAZING ON HER!” echoed across social media, reinforcing that most people were in awe of her striking outfit and her beauty. The overwhelming positivity demonstrated that, for many, Nicole Kidman continues to be a fashion icon who is unafraid to challenge norms and redefine elegance on her own terms.
Salma Hayek celebrated her 58th birthday in style, posting a breathtaking bikini photo that left her fans in awe and the internet buzzing.
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