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0.00180290844992844 0.00342348793654305 -0.00121130329403986 0.00231353971576521 0.0189489919576954 0.0173515478682384 -0.00283133193786483 -0.00851052109727877
Stock impact report

Tesla reportedly shrinks its gigacasting manufacturing ambitions [Verge, The]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Verge, The
Now, that plan is on hold. Share this story It's gone from one piece to three. Tesla's ambitious plans to manufacture the underbody of its vehicles into a single piece , a process known as gigacasting, has been put on hold, according to Reuters , citing two sources with knowledge of the move. It was another sign that the company was pulling back from some of its previously reported plans as it struggles to adapt to falling sales and shrinking profits. Typically, automakers piece together the underbody from hundreds of individual parts. But Tesla has been a leader in using huge presses to die-cast large sections, with the goal of eventually producing the entire underbody in a single piece. The goal was to simplify the process while also dramatically reducing the costs of its manufacturing. Tesla has also promoted something it called its “unboxed” manufacturing process, in which parts are assembled in dedicated areas of a factory and then all put together at the end. The proce Show less Read more
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