Published 15 days ago

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

Tesla has abandoned plans for one-piece gigacasting in favor of a proven three-piece method due to falling sales and rising competition.
Gigacasting, while cost-saving long-term, demands considerable initial investment and expertise, according to automotive manufacturing experts.
The change in manufacturing has not been previously disclosed and is part of cost-cutting measures amidst decreased sales and increased rivalry.

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Reuters

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.

15 days ago·United Kingdom

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CNBC

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands of tons of clamping pressure to die-cast large sections of the car's underbody.

15 days ago·United States

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WION

Tesla retreats from next-generation ‘gigacasting’ while competition intensifies: Report

Tesla has veered away from its ambitious plans for next-generation gigacasting, a new manufacturing technique, Reuters reported citing sources familiar with the matter. This decision is Tesla's attempt to adapt to a shifting market landscape marked by declining sales and heightened competition.

15 days ago·Noida, India

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WTVB

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

By Norihiko Shirouzu and Giulio Piovaccari AUSTIN, Texas (Reuters) – Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition. Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands o…

15 days ago

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The Verge

Tesla reportedly shrinks its gigacasting manufacturing ambitions

Tesla’s plans to use incredibly strong presses to punch out a single vehicle underbody is on hold as the company looks to rein in ambitions in response to falling sales.

15 days ago·United States

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