Category: Gigacasting

  • Tesla pulls back on gigacasting ambitions as cost-cutting measures continue (NASDAQ:TSLA)

    Tesla pulls back on gigacasting ambitions as cost-cutting measures continue (NASDAQ:TSLA)

    Editorial jetcityimage/iStock via Getty Images Implications of the shift in strategy at Tesla (Nasdaq: Tesla) still feels. Following news that Tesla (TSLA) is laying off its Supercharger team, the Austin-based company is now reportedly backing away from plans to manufacture high-volume Gigacasts. sources He told Reuters that Tesla (TSLA) will…