Tesla Even Gives Up On Next-Gen Gigacasting: Report

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Tesla Even Gives Up On Next-Gen Gigacasting: Report
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Tesla wanted to make its entire vehicle underbody with just one casting, but Reuters reports that it has given up on that effort.

Amid wider fears that Tesla is pivoting away from actually making cars to focus on artificial intelligence and autonomous driving, a new report indicates it may also be dropping a groundbreaking manufacturing technique that was once meant to create its next-generation electric vehicles. According to a report from Reuters today, Tesla has canceled plans to use a new generation of 'gigacasting' in its future products.

Last year, Toyota showed off its first attempt at the technique, all of which is designed to help achieve EV manufacturing cost parity with Tesla—as well as the new crop of Chinese automakers, all of whom are turning out EVs at a breakneck pace. Tesla's reported retreat from its ambitious gigacasting plans comes amid what's seen as a large-scale strategy shift for the company. It slashed 10 percent of its workforce a month ago, and then axed its entire Supercharging team on Tuesday.

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