Automaker Suffers Major Losses of Billions Due to Electric Vehicle Investments in 2023.

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.”

Dog left heartbroken after being surrendered to shelter after 2 years: “He doesn’t understand where his person went”

It’s always heartbreaking when dogs are surrendered to shelters by their owners. These dogs are upended from the only home they’ve never known, confused about why they’re in these new surroundings without their familiar family.

That’s what one video shows, after a dog was surrendered by his family after 2 years — but beneath the heartbreak, there is hope.

Last month, a dog named Carlton was surrendered to Special Pals animal shelter in Houston, Texas, by the owners he had been with for 2 years.

Shelter director Becky French posted a video of the 2-year-old mixed breed dog on TikTok, showing Carlton’s heartbreak and confusion in his first day at the shelter.

“He doesn’t understand where his person went,” Becky wrote. “He kept returning to the spot his owner sat with him before leaving.”

The video also shows the dog refusing to take a treat or even look at the staff. he is scared. Confused,” Becky wrote. “This is what your dog goes through when they go back to a shelter.”

Despite the heartbreak, Becky wrote that they were able to “get some happy moments” out of the surrendered dog, and hope that he finds a new forever home soon.

“Don’t worry buddy. You are safe and will find a new home someday.”

It’s always a rough transition, but there are signs that Carlton — now known as “Posty” is acclimating well to shelter life. In a follow-up video, Becky said that they learned he is “obsessed with balls,” and he can be seen happily playing with shelter staff.

Despite the heartbreak he went through, he has improved and is “a happy boy now,” Becky wrote.

He is still up for adoption and waiting for a home — if you are interested in adopting, you can reach out to Special Pals via their adoption page.

Becky also shared an Amazon wish list for anyone who wants to buy an item for Carlton/Posty, which includes many of his favorite balls.

It’s heartbreaking to see this sweet dog surrendered to the shelter, suddenly losing the only home he’s ever known, but we hope that Carlton/Posty finds a great new home soon.

Please share this story to spread the word about this sweet dog!

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