Exclusive-Tesla retreats from next-generation ‘gigacasting’ manufacturing process

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Canada Headlines News

Canada Latest News,Canada Headlines

Explore stories from Atlantic Canada.

Halifax Regional Police release Dartmouth suspect’s name and photo | SaltWire #news #novascotiaAUSTIN, 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 rising competition.

Tesla’s retreat from one-piece gigacasting has not been previously reported. The automaker did not respond to a request for comment. The step-back on gigacasting occurred last autumn, the people said, before Tesla decided in late February to halt development of an all-new affordable car, often called the Model 2, which would have been the first vehicle it built with one-piece gigacasting. Reuters first reported the cancellation of the Model 2 on April 5.

Tesla has not entirely abandoned the small-vehicle platform it had planned for the Model 2. Instead, it will move forward in developing a self-driving robotaxi on the same platform, Reuters reported in the April 5 story. One of the two sources familiar with the automaker’s gigacasting operations said the suppliers involved are now adapting Tesla's three-piece process for the next-generation vehicle.

Holding off on one-piece gigacasting will save the company from making massive short-term capital investments in manufacturing and design, said Terry Woychowski, president of U.S. engineering company Caresoft Global, who has led teardowns and engineering analyses on numerous vehicles, including Teslas.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive-Tesla retreats from next-generation ‘gigacasting’ manufacturing processTesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tesla retreats from next-generation ‘gigacasting’ manufacturing processTesla 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
Source: globeandmail - 🏆 5. / 92 Read more »

Exclusive-Elon Musk heading to China for visit to Tesla's second-biggest market, sources sayExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Exclusive-Elon Musk heading to China for visit to Tesla's second-biggest market, sources sayExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Exclusive-Elon Musk heading to China for visit to Tesla's second-biggest market, sources sayExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Exclusive-Elon Musk heading to China for visit to Tesla's second-biggest market, sources sayExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »