{"id":475609,"date":"2022-03-15T09:11:53","date_gmt":"2022-03-15T03:41:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=475609"},"modified":"2022-03-15T09:27:20","modified_gmt":"2022-03-15T03:57:20","slug":"tesla-spacex-facing-significant-inflation-risks-elon-musk","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-spacex-facing-significant-inflation-risks-elon-musk\/","title":{"rendered":"Tesla, SpaceX facing significant inflation risks: Elon Musk"},"content":{"rendered":"<p>Tech billionaire Elon Musk has said that his electric car manufacturing firm Tesla and rocket company SpaceX are facing significant inflationary pressures in raw materials as well as logistics.<\/p>\n<p>&#8220;Tesla and SpaceX are seeing significant recent inflation pressure in raw materials and logistics,&#8221; Musk said in a tweet on Sunday.<\/p>\n<p>He, however, said his companies &#8220;are not alone&#8221;, as the Ukraine-Russia conflict sent commodity prices to their highest levels since 2008.<\/p>\n<p>Rising nickel prices, owing to the Russian invasion of Ukraine, have thrown a spanner in Musk and other automakers&#8217; dream of introducing affordable electric cars soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech billionaire Elon Musk has said that his electric car manufacturing firm Tesla and rocket company SpaceX are facing significant inflationary pressures in raw materials as well as logistics. &#8220;Tesla and SpaceX are seeing significant recent inflation pressure in raw materials and logistics,&#8221; Musk said in a tweet on Sunday. He, however, said his companies &#8220;are not alone&#8221;, as the Ukraine-Russia conflict sent commodity prices to their highest levels since 2008. Rising nickel prices, owing to the Russian invasion of Ukraine, have thrown a spanner in Musk and other automakers&#8217; dream of introducing affordable electric cars soon.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-475609","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/475609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=475609"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/475609\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=475609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=475609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=475609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}