{"id":21975,"date":"2022-04-22T10:41:00","date_gmt":"2022-04-22T14:41:00","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=21975"},"modified":"2022-04-28T14:21:17","modified_gmt":"2022-04-28T18:21:17","slug":"customers-continue-to-patronize-tesla-despite-price-increase","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/customers-continue-to-patronize-tesla-despite-price-increase\/","title":{"rendered":"Customers Continue To Patronize Tesla Despite Price Increase"},"content":{"rendered":"<p data-ar-index=\"0\">Despite rising prices, Tesla has continued to enjoy massive patronage from customers. The company&#8217;s profit soared to $3.3 billion in Q2 2022.<\/p>\n<p data-ar-index=\"1\">While production was affected\u00a0by higher costs and COVID-19 restrictions, the company&#8217;s deliveries were up 68%. In Q1 2022, the company delivered more than 310,000 cars. Telsa&#8217;s CEO, Elon Musk predicted that the company would produce 60% more cars during the year as a whole compared to 2021.<\/p>\n<p data-ar-index=\"2\">To solve the issue with higher costs, there are indications that Musk could buy a lithium company.<\/p>\n<p data-ar-index=\"3\">The company is also introducing several measures that will help protect workers at its Shanghai factory which had previously been closed due to COVID-19. With the factory set to reopen, workers will be required to sleep at the factory in a bid to avoid further lockdown.<\/p>\n<p data-ar-index=\"4\">Tesla is also expanding its factories as it looks to increase production. New factories in Texas and Germany will further help boost the company&#8217;s products and drive sales up.<\/p>\n<p data-ar-index=\"5\">The Sources for this piece include an article in <a href=\"https:\/\/www.bbc.com\/news\/business-61170691\" target=\"_blank\" rel=\"noopener\">BBC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite rising prices, Tesla has continued to enjoy massive patronage from customers. The company&#8217;s profit soared to $3.3 billion in Q2 2022. While production was affected\u00a0by higher costs and COVID-19 restrictions, the company&#8217;s deliveries were up 68%. In Q1 2022, the company delivered more than 310,000 cars. Telsa&#8217;s CEO, Elon Musk predicted that the company [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36,57],"tags":[125],"class_list":["post-21975","post","type-post","status-publish","format-standard","hentry","category-auto-tech","category-companies","tag-tesla"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/21975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=21975"}],"version-history":[{"count":2,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/21975\/revisions"}],"predecessor-version":[{"id":21977,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/21975\/revisions\/21977"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=21975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=21975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=21975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}