According to sources, Tesla could use a single frame in its small EVs by combining the front, middle, and rear sections, potentially allowing it to sell cars for $25,000 after 2025. A decision on this die-casting process is expected by the end of September. Meanwhile, Morgan Stanley predicts that Tesla's Dojo supercomputer, used to train its Full Self-Driving System, could add $600 billion to the company's market cap over the next 18 months.
Key takeaways:
- Tesla Inc is reportedly working on a technological breakthrough that could transform the process of making electric vehicles by die casting almost all of the underbody of its vehicles, reducing the number of individual parts from nearly 400 to just one.
- This new "gigacasting" process could make the manufacturing or assembly process of Tesla vehicles less complex, faster, and cheaper.
- According to sources, Tesla is likely to make a decision on die-casting its cars as one piece before the end of September.
- Morgan Stanley predicts that Tesla's Dojo supercomputer, used to train the company's Full Self-Driving (FSD) System, could add $600 billion to Tesla’s market cap over the next 18 months.