Automaker Suffers Major Losses of Billions Due to Electric Vehicle Investments in 2023.

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.”

Meg Foster was the movie star whose sky blue eyes drove people wild – sit down before seeing her today, 76

That we are all destined to grow old and grey is an immutable fact of life (for now, at least, who knows what the future holds with regards to technology and science).

It doesn’t matter how much money we have, how strictly we control our diet or exercise, how much sleep we get, or what we do for a living… sure, we might age differently, but in the end we’re all headed in the same direction. It’s basic biology, and not something we can do too much about.

Which is why it’s somewhat amusing that we can still be shocked when we see the hand of Father Time working its magic. Perhaps you haven’t seen someone for years, only to be taken back by how much they’ve aged? Or you spot an old movie star you remember from your childhood, only now their hair is white, their youthful exuberance gone.

It’s an interesting thing actually, the way celebrities age. Their appearances change as they get older – just as with any human being – only their path to old age is documented for the whole world to see. Be it from film to film, red carpet to red carpet, they leave a trail one can literally follow with their finger.

Now, time for today’s not-so-subtle segway: who remembers Meg Foster?

Of course you do! With her captivating, icy blue eyes, piercing gaze and raw beauty, how could you not? The American actress made her acting debut alongside Michael Douglas in Adam at 6am (1970), going on to star in numerous projects including The Six Million Dollar Man, Bonanza, The Twilight Zone and Murder, She Wrote.

Once a burgeoning talent and in-demand actress, Foster’s star has steadily shrunk from the limelight in the last two decades. These days she looks virtually unrecognizable from the woman who Mademoiselle magazine said had “the eyes of 1979”.

I mean, that’s hardly a surprise given that she’s now 76 years old, but it appears that people on the internet simply can’t grasp just how much she’s changed. We’ll be honest, some of the comments to be found are borderline cruel, while others simply reinforce the idea that the actress looks nothing like she did.

That said, we think that her decision to age naturally – without resorting to the plastic surgery that has become so commonplace in the film and TV industry – should be commended, not lambasted.

WEST HOLLYWOOD, CA – MARCH 06: Meg Foster arrives to the “The Employer” – Los Angeles Premiere – Arrivals at Regent Showcase Theatre on March 6, 2012 in West Hollywood, California. (Photo by Jonathan Leibson/FilmMagic)

In any case, Foster continues to work within film and TV, as well as reportedly breeding horses from a large range which she owns by herself.

Do you remember Meg Foster? What do you think to how she looks now? Let us know in the comments.

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