Three of the biggest producers of eIectric 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 slow production essentially until the economy shows some signs of settIling 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 pIanning 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 vehicles.
Over at Ford Motors, they are cutting one of the three shifts that currentIy 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.
Serena Williams and family reportedly denied entry to French restaurant, hotel forced to issue apology
After it was claimed that former American tennis player Serena Williams was refused access to the hotel’s rooftop restaurant, a posh Parisian hotel was compelled to issue an apology to Williams and her family.
“Hell no, @peninsulaparis I’ve been turned away from better establishments’ rooftops where I would have liked to eat, but never with my children. X Monday, Williams wrote, “Always a first.”
Since the beginning of the 2024 Olympics, Williams, 42, has been in Paris with her spouse Alexis Ohanian and their two daughters, Olympia, 6, and Adira, 10 months.
The four-time gold medallist at the Olympics participated in the torch relay this year, which carried the torch from the Seine to the Olympic Cauldron. Nadia Comăneci, Carl Lewis, and Rafael Nadal joined her throughout her section.
Williams tried to eat at the rooftop restaurant of the Peninsula Paris, a five-star hotel with a view of the Eiffel Tower, after more than a week of games.
Williams, however, stated that despite what she described as a “empty restaurant,” she and her family were refused admittance when they arrived.
The Peninsula Paris extended their support to as many fans as possible.
Greetings, Mrs. WilliamsWe sincerely apologize for the disappointment you had this evening. The hotel’s answer was, “Unfortunately, our rooftop bar was in fact fully booked and the only empty tables you saw belonged to our gourmet restaurant, L’Oiseau Blanc, which was fully reserved.”
They said, “It has always been an honor to welcome you, and it will always be to welcome you again.”
Many are unclear of how to interpret the hotel’s reaction, even if Williams has not yet responded. “You set up a table for her,” exclaimed some, while “She ought to apologize to your team,” held the opinion of others.
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