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.
JOHN TRAVOLTA’S DAUGHTER THANKS HIM FOR MAKING EVERY DAY BETTER AND SAYS SHE HOPES TO BE HALF AS GOOD A PARENT AS HE IS.
Sometimes, dads don’t get as much credit as moms in parenting. But the truth is, a father’s role in a child’s life is just as important, and they deserve the same love. Ella Travolta wanted to appreciate her dad, John Travolta, for everything he does, and she shared some heartfelt words.
At Bright Side, we believe that sharing kind words strengthens bonds, so we want to share this sweet exchange with our audience. Ella honored John on his special day.
The 21-year-old actress posted a picture on her Instagram with her dad and brother. In the caption, she said her dad is her “best friend” and someone who brings joy to her in both good times and bad.
She revealed that even though parenting is not easy, John makes it look like it is. He somehow makes every day better than the previous one for his kids. Ella also added that she hopes to be half as good a parent as John someday.
John himself shared a message for the kids.
John Travolta feels really happy and lucky to be the dad of his two children. He loves encouraging and treating his kids well. He recently shared that his daughter Ella will be in a new version of Alice in Wonderland. And of course, he proudly mentioned that he’s a “very proud dad.” He’s been keeping his family strong since last year.
Last year, John Travolta’s wife, Kelly Preston, passed away after they were married for 29 years. She was 57 years old and had been fighting breast cancer. After she passed away, John took a break to cope with the sadness and support his children. Before this, he also experienced the loss of his oldest son, Jett, in 2009.
What’s the sweetest thing your dad has done for you? And you for him? We’d love to see your photos together in the comments below!
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