Tesla may give up on one-piece gigacasting.
Tesla may given up on its ambitious plans for gigacasting, a manufacturing process that creates the underside of a vehicle in one piece.
Tesla instead may choose the three-piece casting method to take cost-cutting measures, as the automaker faces declining sales and increased competition in EV market.
The decision reflects a shift in Tesla's strategy to focus on self-driving technology instead of simply expanding electric vehicle sales. Although gigacasting was considered to have potential cost savings, especially on a long-term basis, Tesla seems to prioritize immediate financial efficiency by avoiding rapid development schedules and manufacturing difficulties, probably based on their prior challenging experiences, such as the delayed Cybertruck on time.
If you want to see details, refer to this article:
https://www.reuters.com/business/autos-transportation/tesla-retreats-next-generation-gigacasting-manufacturing-process-2024-05-01/11
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