Three of the biggest producers of eIectric 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 slow production essentially until the economy shows some signs of settIling 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 pIanning 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 vehicles.
Over at Ford Motors, they are cutting one of the three shifts that currentIy 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.
There’s a growing movement changing how beauty is perceived in America and around the world.
Because of social media, where women freely display their inherent beauty in all shapes and sizes, the standard of beauty is changing. This change is highlighted by a recent study that was published in the International Journal of Fashion Design, Technology, and Education. It shows that the average American woman used to wear a size 14, but now she typically wears a size 16 or 18.
The study, which examined data from more than 5,500 American women, discovered that during the previous 20 years, the average waist size had climbed from 34.9 to 37.5 inches. The study’s principal expert, Susan Dunn, highlights the importance of the information by saying, “Knowing the average size can significantly impact women’s self-image.”
The fashion industry is urged by co-author Deborah Christel and Dunn to adjust to these developments. According to Dunn, “these women are here to stay, and they deserve clothing that fits them.”
The message is clear: in order to appropriately represent the genuine shape and size of the modern American woman, apparel manufacturers must adjust their sizing guidelines.
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