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.”
My Husband’s Family Always Excludes Me from Dinners, So One Time I Taught Them a Real Lesson
A 32-year-old woman took to Reddit to share how she was excluded from her husband’s family events during their three-year marriage. Despite being married to her 35-year-old husband, she was invited to only half of the family dinners, unlike her husband’s brothers’ significant others. Her husband often told her to “sit this one out,” which left her feeling isolated and excluded.
The tipping point came when she was asked to stay home once again. Frustrated, she made a reservation at the same restaurant and arrived shortly after her husband, catching his family off guard. Her husband was flabbergasted, and her mother-in-law deemed her actions rude. She defended herself, stating she just wanted to eat steak and had no intention of joining them.
When her husband returned home, he was angry and called her names. In a heated argument, he revealed it was a “family decision” to exclude her. Pressed further, he admitted his mother’s dislike for her race, personality, and political beliefs. Horrified but vindicated, she packed her belongings and went to her sister’s house.
In an update, she shared that the comments on her post gave her the confidence to confront her husband. She realized that her mother-in-law had pressured him into excluding her because she was half-black and didn’t fit their family mold. She felt it was likely they would either separate or divorce.
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