{"id":592453,"date":"2023-07-21T10:37:09","date_gmt":"2023-07-21T05:07:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=592453"},"modified":"2023-07-21T12:40:58","modified_gmt":"2023-07-21T07:10:58","slug":"musk-open-to-price-cuts-as-tesla-bets-on-self-driving-future","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/musk-open-to-price-cuts-as-tesla-bets-on-self-driving-future\/","title":{"rendered":"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 per cent 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 US 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 per cent 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 US market share in &#8220;turbulent times&#8221; and give it access to precious usage data needed to train the artificial intelligence [&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":[146,130,234],"tags":[],"class_list":["post-592453","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592453","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=592453"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592453\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=592453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=592453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=592453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}