As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.
Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.
The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.
Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.
Watch Biden test drive the Ford Lightning pickup here:
General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”
76-year-old Susan Sarandon criticized for her clothing – has the perfect response for haters
The actress has always been a proponent of body positivity and always likes to express herself with her fashion choices. She has quite an unapologetic personality and is vocal about the causes she supports.
It was during a red carpet event that the actress was wearing a white jacket with a black bra which raised some eyebrows. A journalist went as far as to say her outfit was “totally inappropriate.”
But instead of trying to defend herself with words, the actress decided to use a picture. She posted an old picture of herself in her underwear, proudly displaying her figure. After all, a picture is worth a thousand words, and Sarandon shut up anyone who was questioning what was ‘appropriate’ for her and what wasn’t.
he actress is not bothered about aging and focuses on what feels important to her. She said in an interview, “When your sense of time has an ending and isn’t finite, like how it feels when you’re young.” She added, “When you have an understanding that time is precious—you have a tendency not to waste energy on the small stuff and only to surround yourself with people who are vital, curious, brave, and adventurous.”
As for what she does to maintain her beauty, she simply said, “If you want to age gracefully, probably laugh a lot, and get the normal amount of exercise, and eat well and stay out of the sun would be the main things,” Sarandon stated. But the actress added, as is having an amazing makeup and hair team to help you keep looking good.
Susan Sarandon is surely one of a kind! The actress marches to the beat of her own drum and does not pay attention to anyone who has something negative to say about her. What do you think of her response to haters? Let us know in the comments.
Make sure to share this piece with your friends and family so that next time they face criticism, they can adopt a strategy similar to Susan!
Leave a Reply