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.
Lisa Marie Presley had a deeply emotional reason for keeping her son Benjamin’s body on dry ice after his passing.
After her son Benjamin passed away, Lisa Marie Presley kept his body on dry ice for two months for a very heartbreaking reason. Just under four years had gone since the terrible suicide death of her son Benjamin Keough, when Lisa Marie, 54, passed away in January 2023.
Lisa Marie, the sole child of Elvis Presley, departed from her twin children, Harper and Finley Lockwood, who are 16 years old, and her daughter Riley Keough, who is a star of Daisy Jones & The Six. Riley finished a book she had written, From Here to the Great Unknown, and it was published on October 8 following her death.
In her memoir, Lisa Marie discussed Benjamin’s sudden passing in 2020 and disclosed that she had held his body for two months before burying him in a casita bedroom. As she had explained to her father, Elvis Presley, “there is no law in California that requires someone to be buried immediately,” and she felt it was important to give Benjamin the time she needed to say goodbye.
Lisa Marie was just nine years old when Elvis passed away, so having his body at home and being able to visit and talk with him had been consoling. Throughout that time, she kept Benjamin’s remains at 55 degrees while debating whether to bury him in Graceland or Hawaii.
She acknowledged in the biography, “I became so accustomed to him being there, taking care of him… I was grateful that I could continue to raise him until I was ready to say goodbye, even if it was only for a short while longer.
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