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New breakthroughs at Tesla could halve EV costs

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Tesla, led by Elon Musk, is on the verge of a groundbreaking technological advancement that could revolutionise the way electric vehicles (EVs) are manufactured. 

The company has combined several innovations in a bid to significantly reduce production costs, aligning with Musk’s goal of halving the expenses associated with EV manufacturing, sources familiar with the matter told Reuters.

One of Tesla’s key innovations is the use of massive presses, exerting 6,000 to 9,000 tons of clamping pressure, to mould the front and rear structures of its Model Y through a process known as “gigacasting.”

This approach has already proven successful in reducing production costs, putting competitors in catch-up mode.

Now, Tesla is closing in on another breakthrough: the ability to die-cast nearly the entire complex underbody of an EV in a single piece, rather than relying on around 400 individual parts, as is the norm in conventional cars.

This innovation is at the core of Tesla’s “unboxed” manufacturing strategy, part of Musk’s ambitious plan to produce tens of millions of more affordable EVs in the next decade while maintaining profitability.

Tesla’s unboxed model involves creating large sub-assemblies of a car simultaneously and assembling them later.

However, specifics about the size and composition of these modular blocks remain subject to speculation.

Game Changer

Experts in the automotive industry view this development as a game-changer.

Terry Woychowski, President of U.S. engineering firm Caresoft Global and a former executive at General Motors (GM), noted that gigacasting the underbody of an EV has significant implications for the industry but also acknowledged the substantial challenges involved in such a feat.

Sources suggest that Tesla’s new design and manufacturing techniques could allow the company to develop a car from scratch within 18 to 24 months, a timeline significantly shorter than what most rivals currently require, which typically ranges from three to four years.

This innovation could potentially be applied to Tesla’s upcoming small EV, slated for a launch with a $25,000 price tag by the middle of the decade.

Tesla is expected to make a decision on whether to proceed with die-casting the platform as a single piece, possibly as soon as this month, though adjustments may occur during the design validation process.

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Israel and Hamas agree to landmark hostage deal

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

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Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.


In a major diplomatic breakthrough, Israel and Hamas have agreed to release all remaining Israeli hostages under a U.S.-brokered framework. The deal pairs prisoner exchanges with an Israeli troop pullback and expanded aid access, marking a potential turning point in the two-year Gaza conflict.

The agreement, set for approval by Israel’s cabinet, could pave the way for lasting peace if both sides uphold the terms. It follows weeks of negotiations led by U.S. envoys and regional mediators in Egypt, Qatar, and Türkiye.

As international agencies prepare to facilitate aid and logistics, the world watches to see whether this fragile deal can hold and bring relief to millions affected by the war.

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Google leads Australia media tax rankings

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

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Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.


Google is currently on the of top of Australian media tax payments, while Netflix, Dentsu, and Singtel pay nothing, sparking a fresh debate over fairness and corporate responsibility in the industry.

#TaxTransparency #Google #Netflix #CorporateResponsibility #AustraliaBusiness


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Trump eyes Middle East visit as Gaza ceasefire talks advance

Trump may visit Middle East this weekend as Kushner seeks Gaza ceasefire amid positive Egypt talks and Turkey’s confirmation.

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Trump may visit Middle East this weekend as Kushner seeks Gaza ceasefire amid positive Egypt talks and Turkey’s confirmation.


President Trump may visit the Middle East this weekend as Jared Kushner and envoy Steve Witkoff push for a Gaza ceasefire.

Recent Egypt talks and cooperation from Israel and Hamas raise hopes for a deal, with Turkey confirming progress.

#GazaCeasefire #TrumpMiddleEast #Kushner #PeaceTalks #IsraelHamas


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