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Electric Slowdown: Tesla, General Motors, Ford Hit the Brakes on EV Production
Breitbart ^ | 10/19/2023 | ALANA MASTRANGELO

Posted on 10/19/2023 2:05:27 PM PDT by ChicagoConservative27

Tesla, General Motors, and Ford have reportedly all hit the brakes on electric vehicle (EV) production, citing concerns of economic uncertainties fears of a slowdown in EV demand.

On Wednesday, Tesla joined General Motors and Ford in being cautious about expanding EV production capacity, with the company’s CEO Elon Musk saying he was worried that higher borrowing costs would prevent potential customers from affording Tesla vehicles, according to a report by Reuters.

“People hesitate to buy a new car if there’s uncertainty in the economy,” Musk reportedly said on a post-earnings call. “I don’t want to be going into top speed into uncertainty.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: ev; ford; generalmotors; tesla
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I thought by 2035 or whatever it is millions of EV's will be on the road? What gives? (S)
1 posted on 10/19/2023 2:05:27 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

What I dread is mandatory EVs for citizens now that government ones are forced on us.

They’ll deny gas stations and oil companies the right to exist and deny us the government money to EV purchasers.


2 posted on 10/19/2023 2:09:53 PM PDT by frank ballenger (“My job is to inform, not to convince.” St. Bernadette Soubirous )
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To: ChicagoConservative27

Awesome. This article a two-fer for our side. 1 a kick in the pants to the EV zealots and 2 an admission Bidenomics is faltering


3 posted on 10/19/2023 2:09:58 PM PDT by EERinOK
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To: ChicagoConservative27

Well that’s odd. How we gonna save muvver erf?
🔥🚗

🙏🇮🇱👍


4 posted on 10/19/2023 2:12:18 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: ChicagoConservative27

Big Boom is here.


5 posted on 10/19/2023 2:12:24 PM PDT by George from New England
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To: ChicagoConservative27

6 posted on 10/19/2023 2:13:06 PM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: ChicagoConservative27
If technological civilization is allowed to continue to develop, electric everything is a distinct possibility. Eventually.

But it's not worth discussing at this point, because on top of everything else, the government is deliberately sabotaging our electrical infrastructure.

7 posted on 10/19/2023 2:18:16 PM PDT by Salman (It's not a slippery slope if it was part of the program all along. )
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To: ChicagoConservative27

“People hesitate to buy a new car if there’s uncertainty in the economy,” Musk reportedly said on a post-earnings call.”

Like that’s the only reason. How about a lot of people are hearing about how awful EV’s are. Buyers are reporting real life experiences with EV’s and they suck.


8 posted on 10/19/2023 2:18:25 PM PDT by Revel
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To: ChicagoConservative27

Way overpriced, lousy range, poor charge times, laughable ability for the grid or power generation to support them, and close to zero resale value. Hmmm, I wonder if that might be the reason.


9 posted on 10/19/2023 2:21:39 PM PDT by Da Coyote
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To: Revel

Gotta give Musk credit on one count, though: Tesla has eliminated cobalt from the roster of materials needed to make their batteries.


10 posted on 10/19/2023 2:27:16 PM PDT by HKMk23 (https://youtu.be/LTseTg48568)
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To: Da Coyote

“Way overpriced, lousy range, poor charge times, laughable ability for the grid or power generation to support them, and close to zero resale value. Hmmm, I wonder if that might be the reason.”

On the open highway I’ve found they’re the slowest vehicles out there; the range drops off precipitously the faster they go.


11 posted on 10/19/2023 2:27:17 PM PDT by KamperKen (u)
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To: ChicagoConservative27

Ya think that might be smart????


12 posted on 10/19/2023 2:27:23 PM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: Da Coyote

Don’t forget random chance of explodiness.


13 posted on 10/19/2023 2:34:10 PM PDT by Boogieman
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To: ChicagoConservative27

Nobody wants the damn things.


14 posted on 10/19/2023 2:35:56 PM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: ChicagoConservative27

I see Tesla and Blink charging stations going up in commercial parking lots around my area. Your tax dollars at work; but it will be a long time if ever the average supermarket will need 12-15 chargers at any given time. Then again they will be on the map for suckers from miles around in desperate need, so maybe they expect some new customers, doing some shopping while their cars charge up.


15 posted on 10/19/2023 2:38:28 PM PDT by hinckley buzzard ( Resist the narrative)
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To: beethovenfan

Nobody wants the damn things.“

It’s as simple as that.


16 posted on 10/19/2023 2:40:11 PM PDT by gibsonguy ( )
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To: gibsonguy

It’s a government push and no more. Gas is so much more available and your car doesn’t burst into flames.


17 posted on 10/19/2023 2:50:50 PM PDT by Sacajaweau ( )
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To: ChicagoConservative27

takes unlimited streams of 0.5% auto loans to fly in the face of reality....


18 posted on 10/19/2023 3:07:59 PM PDT by mo ("If you understand, no explanaheytion is needed; if you don't understand, no explanation is possible)
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To: Sacajaweau

And there is enough fuel for a thousand years.


19 posted on 10/19/2023 3:12:10 PM PDT by gibsonguy ( )
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To: ChicagoConservative27

The taxpayer money mus be running out. Don’t worry trump n McCarthy will save you.


20 posted on 10/19/2023 3:13:53 PM PDT by momincombatboots (BQEphesians 6... who you are really at war with. )
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