Good morning! It’s Thursday, May 2, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Elon Musk, Tesla Kill ‘Gigacasting’ Manufacturing Process Tesla [...]read moreAnother Elon Musk Promise Dies As Tesla Scraps ‘Gigacasting’
09 October 2021, Brandenburg, Grünheide: A die-casting tool for the production of metal parts for a Tesla Model Y is seen at a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are due to roll off the production line from the end of 2021. [...]read moreTesla Ditches ‘Gigacasting,’ BMW Changes Names, And We Mourn Oldsmobile In This Week’s Car Culture Roundup
AUSTIN, 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 has been a leader in gigacasting, a cutting-edge technique that uses huge [...]read moreTesla abandons quest for one-piece ‘gigacasting’