TSLA Jun 2024 240.000 put
| Previous Close | 53.50 |
| Open | 53.50 |
| Bid | 60.20 |
| Ask | 60.90 |
| Strike | 240.00 |
| Expire Date | 2024-06-21 |
| Day's Range | 53.50 - 53.50 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 2.29k |
ReutersTesla retreats from next-generation ‘gigacasting’ manufacturing process
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 presses with thousands of tons of clamping pressure to die-cast large sections of the car’s underbody. Last year, as Tesla developed a new small-vehicle platform, it aimed to punch out the underbody in a single piece, Reuters exclusively reported last September, citing five sources familiar with the automaker’s gigacasting operations.
ReutersExclusive-Tesla retreats from next-generation ‘gigacasting’ manufacturing process
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 presses with thousands of tons of clamping pressure to die-cast large sections of the car’s underbody. Last year, as Tesla developed a new small-vehicle platform, it aimed to punch out the underbody in a single piece, Reuters exclusively reported last September, citing five sources familiar with the automaker’s gigacasting operations.
Investor's Business DailyMagnificent Seven Stocks: Nvidia Stock Slides; Amazon Rallies On Earnings
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
