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 Wife Gradually Distanced Herself from My Daughter and Me — Then She Left an Envelope and Disappeared
When my wife began to distance herself from me and our daughter, I was baffled. My story reveals how profound love can sometimes lead to protecting loved ones in unexpected ways. Discover how we navigated through secrets, white lies, and heartbreak to ultimately strengthen our family bond.
There’s a haunting uncertainty in not knowing the full truth, particularly when it involves those closest to you. Let’s go back a bit; I’m Kevin, and Levine and I have shared 15 wonderful years of marriage.
Together, we have an incredible child, Emily, who is still young and in school. My wife and daughter are my world, and I thought we had a perfect family life. Yet, about six months ago, Levine began to withdraw from Emily and me.
Over the months, I watched as my once affectionate wife became increasingly remote. Minor changes in her behavior soon escalated into her avoiding us entirely. Her smiles became rare, and her nights restless.
I often saw her tearful in the bathroom. Whenever I tried to discuss it, she dismissed my concerns with a shaky “I’m fine,” although clearly, she was not. This unspoken tension heavily affected me and our daughter, straining our family dynamic.
“Levine, please talk to me,” I urged one night as I found her gazing out the window, her posture tense.
“I just need some air, Kevin. That’s all,” she whispered, barely audible.
My worry deepened as I approached her. “You’ve been ‘just needing air’ for months. You’re scaring me, baby. You’re scaring Emily.”
She faced me then, her eyes brimming with tears yet unshed. “I can’t, not yet…” she murmured before turning back to the window, leaving me feeling utterly helpless.
Yesterday, after picking Emily up from school, I returned to a strangely quiet home. The morning had started like any other, except Levine didn’t say goodbye. My wife, usually at home, was nowhere to be found.
But on the kitchen table, amidst our usual clutter, lay an ominous envelope with my name in Levine’s handwriting.
With a sinking heart, I opened it, trembling. Inside was her letter, penned in the same shaky hand:
“My dearest husband,
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