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.”
Simon Cowell Fans Concerned By His Appearance As They ‘Don’t Recognize Him’
Simon Cowell alarmed followers with an appearance on social media that some couldn’t even identify him.
Well is a well-known English TV personality, entrepreneur, and record executive who is most recognized for her roles as judges on talent competitions on television, including America’s Got Talent, Pop Idol, and The X Factor.
In addition, his constantly shifting appearance has some followers wondering if he’s had plastic surgery.
The rumor gained more traction after a video featuring the media mogul went viral.
When it comes to his history of cosmetic surgery, Cowell has always been very open about it.
In a 2018 interview with The Sun, he acknowledged having had a procedure known as a “21st century facelift.”
The AGT judge disclosed that he had a Silhouette Soft Lift at the office of Dr. Jean-Louis Sebagh, a cosmetic surgeon.
A thread lift procedure called a Silhouette Soft Lift tightens and corrects the neck, brows, jawline, and midface.
“There’s lots of things you can do now,” Cowell stated in a conversation with The Sun. You’re not limited to using Botox and fillers on your face.
He continued, alluding to an incident where fans saw his bruises and reportedly swollen eyes. “I probably did have a little too much a couple of years ago,” he said.
The media mogul stated he made the decision to discontinue injectables because he had “gone a bit too far” in an interview with the journal from 2022.
“I saw a picture of myself from ‘before’ the other day, and I didn’t recognize it as me at all,” he recalled.His son Eric was going crazy. It had to end. My face is completely free of filler now. None at all.
However, Cowell just stirred up suspicions about cosmetic surgery once more.
Everything began when a since-deleted video was posted to Britain’s Got Talent’s X, formerly Twitter, account.
In the widely circulated video, Cowell exhorts viewers to apply for the well-liked ITV program, saying, “I always say on this show, two or three minutes can change your life.” It has, too. And perhaps it will be you this time.I look forward to meeting you, so please audition soon for the upcoming season.
Fans, however, were commenting about Cowell’s supposedly altered look in the video for a very other reason.
One viewer commented, “That doesn’t look like him at all,” in response to the video.
One more person asked, “What’s he done to his face?”
A third admirer posed the same question: “Is that Simon Cowell? What has become of his face?
Very hard to believe that’s even him,” said another person.
Others responded in the comments, speculating that Cowell’s altered appearance might have been caused by a motorbike accident in August 2020, which necessitated the insertion of a metal rod in his back for stability, according to The Independent.
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