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 policies. Tesla, General Motors, and Ford all have said they plan to sIow production essentially until the economy shows some signs of settling 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 eIectric 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 aIso 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 quarterly 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 electric Silverado and GMC Sierra pickup trucks by a year, citing flattening demand for the electrified vehicIes. 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 fleet vehicles and hybrids.
17 Times People Were Overconfident in Their Answers But Couldn’t Have Been More Wrong
Overconfidence can lead to some pretty amusing moments, especially when people confidently share incorrect answers. Today, we have compiled 17 such instances where people’s overconfidence led to some hilarious and embarrassing moments.
1. Just Face Your Ignorance
One person on social media confidently believed that using facial recognition would provide the government with their personal details. Little did they know, another user quickly pointed out that driving licenses already contain all the necessary information.
2. Zeus, The Hyper-Potent
In a discussion about classical studies, someone’s overconfidence got the best of them when they confidently stated that Zeus, the Greek god, had only one son. They were promptly corrected by a knowledgeable student who knew that Zeus had numerous offspring.
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