Get the latest tech news
Tesla reportedly shrinks its gigacasting manufacturing ambitions
Tesla’s die-cast breakthrough was going to revolutionize the auto industry.
Tesla’s ambitious plans to manufacture the underbody of its vehicles into a single piece, a process known as gigacasting, has been put on hold, according to Reuters, citing two sources with knowledge of the move. The news is the latest dip in the rollercoaster that Tesla has been on since the start of the year when the company’s CEO Elon Musk warned of slower sales amid increasing competition in the US and China, its two main markets. When asked about Tesla’s gigacasting innovations as it relates to its plans for more affordable EVs and whether he was concerned that the process would be copied by his Chinese competitors, Musk pivoted to his favorite topic: autonomy.
Or read this on The Verge
