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.”

In 1983, a 16-pound baby caught everyone’s attention: You won’t believe what he looks like now!

In 1983, Patricia Clarke, then 24, had a strong feeling that her baby was about to get bigger. There were many big babies in her family, but the size of her newborn still surprised her.

Patricia gave birth to Kevin Robert Clark, who weighed an astonishing 16 pounds, making him possibly the largest baby born at Community Memorial Hospital and possibly in New Jersey at the time. Despite his size, Kevin was perfectly healthy, although he did not fit into a standard crib and his baby clothes were too small.

Kevin’s extraordinary height quickly made him famous, with appearances on popular shows such as Saturday Night Live and Good Morning America. As he grew up, his height continued to make headlines. By age 12, he was already 5’7″ and continued to grow. By the time he reached middle school, he was 6’5″ and he didn’t stop there.

Kevin humorously tells the New York Post: “Not a day goes by that someone doesn’t ask me how tall I am. I like to joke that I’m 5’9″. When people ask if I play basketball, I ask them if they play mini golf.”

Now 40, Kevin is a former soldier who lives with his 6’1″ wife and their Great Dane. He has grown to an impressive height of 6’9″, which he easily manages.

Check out the video below to learn more about Kevin’s incredible journey. Despite the challenges of growing up in the spotlight, it seems that Kevin has adapted well. We wish him all the best as he continues his journey! Please SHARE this amazing story with your family and friends!

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