Three of the biggest producers of electric vehicles are reportedly set to pump the brakes on production

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.

(VIDEO)Coach Was Furious When His Players Disrespected National Anthem, So He Does THIS To Teach Them A Lesson!

This is how you coach basketball. It begins before you even touch the ball, it begins with respect and gratitude that you even have a freedom to play, something that these future NBA stars wouldn’t be able to do if the boys their age didn’t pause their education and fight wars for it.

Singing a national anthem before any big sporting event has become show business. WATCH THE VIDEO BELOW

I don’t mind Lady Gaga singing it but these kids gotta learn why it’s being performed and why they should respect it. The lesson Virginia Tech basketball coach Buzz Williams gave to his players will make you cry.

Awesome coach. Good job.

I don’t mind Lady Gaga singing it but these kids gotta learn why it’s being performed and why they should respect it. The lesson Virginia Tech basketball coach Buzz Williams gave to his players will make you cry.

Awesome coach. Good job.