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.

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Reuters

United Kingdom

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

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The Woodbridge Company

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.

CNBC

Roberts family

United States

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.

WION

Invesco

Noida

Uttar Pradesh

India

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

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…

WTVB

Midwest Communications

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.

The Verge

Vox Media

Tesla reportedly shrinks its gigacasting manufacturing ambitions

AUSTIN, Texas - 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…

New Hampshire Union Leader

New Hampshire

Automotive News

Crain Communications

By Norihiko Shirouzu and Giulio Piovaccari AUSTIN, Texas (Reuters) -     Tesla has backed away from an ambitious plan for innovations in gigacasting, its ...

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

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