Publication date:
May 2, 2024
Tesla Halts Innovation in Gigacasting Manufacturing Method
Tesla's cutting-edge 'gigacasting' technique reportedly faces setbacks, impacting EV cost reduction plans.
Electric Vehicles
Tesla encounters a roadblock in its pursuit of cost-effective electric vehicles as the company reportedly suspends the development of the groundbreaking 'gigacasting' manufacturing method. This decision, opposed to simplifying production processes and reducing costs, signifies a notable setback in Tesla's strategic initiatives. The move underscores the challenges and complexities involved in revolutionizing automotive manufacturing techniques to enable more affordable electric vehicles.