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.
For a quarter of a century, a man has made his home in a cave alongside his faithful dog: Come explore what their life looks like inside this secluded retreat!
It’s remarkable that despite the conveniences of modern technology, some people still choose to use outdated tools and methods. Consider the example of a 67-year-old man who has dedicated his efforts to constructing an intricate cave system, demonstrating that age is no barrier to undertaking ambitious projects.
With limited financial means, he has poured his heart into this work, employing only simple tools like a shovel and a cart. Although he does not have a formal education, he takes pride in his craftsmanship and believes that others will recognize the quality of his work.
When he started digging in 1987, he could not have imagined that his creation would gain such fame and acclaim, adorned with a variety of artifacts on its walls. The stunning beauty of his caves, known as Ra Paulet’s caverns, makes it difficult to assign a financial value to them.
To date, he has completed 14 caves and is currently working on his 15th, which he claims will surpass all his previous efforts. For more information, check out the video below.
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