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.
Man Rescued a Trapped Crying Wild Horse. How It Thanked Him is Unbelievable
In a heartwarming turn of events outside of Calgary, a group of Good Samaritans came to the rescue of a distressed horse trapped in a treacherous marshland. The horse, part of a new herd in the area, had wandered off during heavy rainfall, finding itself stuck in the muddy quagmire.
Darla Connelly, overseeing the situation, expressed deep concern for the new herd, unfamiliar with the challenging terrain during this unusually rainy season. Her fears materialized when one of the mares, a two-year-old, ventured too far and got trapped in the marsh.
The rescue effort kicked into high gear when the distress signals from the trapped horse were spotted. A team of volunteers from Help Alberta Wildlife Society, equipped with ATVs and specialized rescue gear, rushed to the scene. The horse, struggling to keep afloat, faced the imminent threat of sinking further into the muddy abyss.
Daryl Glover, one of the volunteers, braved the treacherous mud to approach the distressed mare. With careful maneuvering, he secured a rope around the horse’s hindquarters, offering support to ease her struggle. The coordinated efforts of the team prevented the situation from escalating further.
As the ATV’s engine roared, the rescue rig tightened the rope, allowing the horse to gain a foothold and aiding her ascent. In a remarkable display of resilience, the horse’s hind legs found firmer ground, and with each pull, she inched closer to safety.
Amidst the tension of the rescue operation, an unexpected moment of gratitude unfolded. Once the horse was on solid ground, she exhibited a surprising display of appreciation. Rather than bolting away in fear, the mare approached Daryl, nuzzled him, and even sniffed in acknowledgement.
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