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.
Elon Musk with an unexpected statement that the public will surely appreciate. What he said…
Elon Musk is totally up for a position that the American people will undoubtedly adore, making them a potentially annoying pair.
Elon Musk has responded favorably to the notion that, should the Republicans win the upcoming elections in November, he would offer him a position in the White House.
In a Monday interview with Reuters, the former president said he would be willing to have Musk join him in an advising or ministerial role should he win the election. “He is really intelligent. I would certainly consider it if he is willing to take on the responsibility. He’s a very intelligent man,” Trump said.
Elon Musk, the owner of the social media site X, which was once known as Twitter, replied brief on the site, saying, “I am willing to serve.” This succinct but unambiguous communication indicates Musk’s willingness to consider joining the Trump team.
Musk turning into a fierce defender of conservative rights and free speech
Additionally, Musk posted a picture of himself behind a podium that read “Department Of Government Efficiency” and “D.O.G.E.”
Musk’s impact is evident in this allusion to Dogecoin, a cryptocurrency that was first invented as a joke. With his well-known marketing, Musk significantly increased Dogecoin’s worth before its value crashed and many investors suffered losses.
Elon Musk has discovered that conservatism is his ideal. He claimed that although he had never really wanted to serve the public, things are now different. He has been outspoken in his criticism of actor Robert De Niro and has professed adoration for the Lord Jesus Christ, believing that Christianity is essential to the survival of the West.
The public will undoubtedly appreciate Musk’s readiness to serve the American people now that he has been on such a roll.
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