{"id":567313,"date":"2023-04-01T10:40:43","date_gmt":"2023-04-01T05:10:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=567313"},"modified":"2023-04-01T10:40:43","modified_gmt":"2023-04-01T05:10:43","slug":"teslas-price-war-cheaper-cars-expected-to-drive-record-sales","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/teslas-price-war-cheaper-cars-expected-to-drive-record-sales\/","title":{"rendered":"Tesla&#8217;s price war: Cheaper cars expected to drive record sales"},"content":{"rendered":"<p>Tesla Inc investors are waiting to see how much Elon Musk&#8217;s price cuts will pay off: the electric vehicle (EV) maker is expected this weekend to report record sales as cheaper sticker prices, helped by US subsidies, spurred demand.<\/p>\n<p>Musk&#8217;s action in January kicked off a price war that was especially heated in China, betting that Tesla&#8217;s industry-leading profit margins would let it rebuff growing competition and appease customers in a weak economy.<\/p>\n<p>Tesla may have handed over 430,000 vehicles in the quarter ended March 31, according to analysts&#8217; estimates collected by Refinitiv. That would be up 6% from the previous quarter, and up 39% from a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Inc investors are waiting to see how much Elon Musk&#8217;s price cuts will pay off: the electric vehicle (EV) maker is expected this weekend to report record sales as cheaper sticker prices, helped by US subsidies, spurred demand. Musk&#8217;s action in January kicked off a price war that was especially heated in China, betting that Tesla&#8217;s industry-leading profit margins would let it rebuff growing competition and appease customers in a weak economy. Tesla may have handed over 430,000 vehicles in the quarter ended March 31, according to analysts&#8217; estimates collected by Refinitiv. That would be up 6% from the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-567313","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/567313","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=567313"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/567313\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=567313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=567313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=567313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}