{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/tesla-beats-wall-street-expectations-to-produce-record-number-of-vehicles/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Tesla beats Wall Street expectations to produce record number of vehicles","slug":"tesla-beats-wall-street-expectations-to-produce-record-number-of-vehicles","createdLocal":"2023-07-20 14:31:05.811838","publishDate":"2023-07-19 00:00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.theguardian.com/technology/2023/jul/19/tesla-q2-2023-earnings-production-report-elon-musk"},"postSummary":{"childMarkdownRemark":{"html":"<p>The report comes after Tesla slashed costs for its most popular vehicle models and drove a major increase in sales.\nThe gross margin for the quarter was at 18.2% – representing a four-year low for Tesla but still higher than analyst expectations of 17.5%.\nBut investors, who have been anxious for updates about Tesla’s Cybertruck model, may have been underwhelmed by executive responses about the sci-fi-inspired vehicle on the call.\nAs is typical with Tesla earnings calls, Musk rattled off a number of lofty goals.\nHe promised Tesla’s self-driving technology would be “10 times – possibly 100 times – safer than a human driver”.</p>"}}}},"pageContext":{"slug":"tesla-beats-wall-street-expectations-to-produce-record-number-of-vehicles"}}}