{"id":592391,"date":"2023-07-21T10:15:00","date_gmt":"2023-07-21T04:45:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=592391"},"modified":"2023-07-21T11:39:06","modified_gmt":"2023-07-21T06:09:06","slug":"elon-musk-open-to-price-cuts-as-tesla-bets-on-self-driving-future","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/elon-musk-open-to-price-cuts-as-tesla-bets-on-self-driving-future\/","title":{"rendered":"Elon Musk open to price cuts as Tesla bets on self-driving future"},"content":{"rendered":"<p>Elon Musk is prioritizing sales over profits in hopes that Tesla&#8217;s elusive full self-driving software would eventually burnish margins, a plan that could deepen an already fierce price war in the electric-vehicle industry.<\/p>\n<p>Shares of the automaker fell 3% before the bell on Thursday after Musk signaled there might not be any let-up in price cuts that have already sent gross margins to a four-year low.<\/p>\n<p>Getting more cars on the road would help Tesla maintain its dominant U.S. market share in &#8220;turbulent times&#8221; and give it access to precious usage data needed to train the artificial intelligence models behind its self-driving technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk is prioritizing sales over profits in hopes that Tesla&#8217;s elusive full self-driving software would eventually burnish margins, a plan that could deepen an already fierce price war in the electric-vehicle industry. Shares of the automaker fell 3% before the bell on Thursday after Musk signaled there might not be any let-up in price cuts that have already sent gross margins to a four-year low. Getting more cars on the road would help Tesla maintain its dominant U.S. market share in &#8220;turbulent times&#8221; and give it access to precious usage data needed to train the artificial intelligence models behind [&hellip;]<\/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-592391","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\/592391","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=592391"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592391\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=592391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=592391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=592391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}