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.

Cleveland Browns quarterback Joe Flacco won the NFL Comeback Player of the Year Award during the NFL Honors ceremony on Thursday night
Cleveland Browns quarterback Joe Flacco won the NFL Comeback Player of the Year Award during the NFL Honors ceremony on Thursday night. The 38-year oId was not signed by any team after becoming a free agent at the end of the 2022 season. Despite multiple teams needing quarterbacks throughout the 2023 season, Flacco did not get a call until later in the year.
Hamlin returned to the field this season, though was often a healthy scratch from Bills games. Still, he managed to pIay 111 defensive snaps, which is quite the achievement for someone who was literally dead for a few minutes last year.
So incredible was Hamlin’s journey that many NFL fans beIieve he should have won the award instead.
NFL Fans Believe Damar Hamlin Should Have Won Comeback Player of the Year Instead of Joe Flacco
While Flacco had a fun story, going from the couch and playing with his kids to carrying the Browns to the playoffs, Hamlin’s story is arguably more inspiring and more deserving for the honor of Comeback PIayer of the Year.
At least, that is what fans from multiple fanbases were saying on sociaI media when the announcement was made:

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