News

New breakthroughs at Tesla could halve EV costs

Published

2 years ago

September 15, 2023

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.

News

Greenland says “No” to U.S. takeover — Chooses Denmark in geopolitical showdown

Greenland’s PM chooses Denmark over U.S. amid Trump’s controversy over Arctic control, emphasizing sovereignty and local sentiment.

Published

12 hours ago

January 14, 2026

Harvey Vargas

Greenland’s PM chooses Denmark over U.S. amid Trump’s controversy over Arctic control, emphasizing sovereignty and local sentiment.

Greenland’s Prime Minister Jens‑Frederik Nielsen has delivered a clear message amid renewed pressure from the U.S. — if forced to choose between the United States and Denmark, Greenland will pick Denmark, NATO, and the EU.

Nielsen made the declaration in Copenhagen alongside Danish Prime Minister Mette Frederiksen ahead of diplomatic talks with top U.S. officials.

The announcement comes as U.S. President Donald Trump has again stoked controversy by suggesting Washington could pursue ownership or control of Greenland, citing strategic interests in the Arctic. European leaders and Greenlandic officials have pushed back strongly against these ideas, emphasising sovereignty and respect for international law.

This standoff places Greenland’s future in the spotlight — as Copenhagen and Nuuk reaffirm their ties, local sentiment remains overwhelmingly opposed to U.S. annexation and supportive of Greenland’s own path forward.

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#Greenland #Trump #Denmark #ArcticPolitics #NATO #Geopolitics #InternationalRelations

News

Trump promises aid amid Iran unrest

Trump urges Americans in Iran to evacuate amidst escalating protests and vows support for protesters seeking freedom.

Published

12 hours ago

January 14, 2026

Harvey Vargas

Trump urges Americans in Iran to evacuate amidst escalating protests and vows support for protesters seeking freedom.

President Trump has called on Americans in Iran to evacuate as tensions escalate following the government’s violent crackdown on antigovernment protesters. He has ruled out negotiations and encouraged protesters to continue their efforts, hinting that aid could be on the way.

The unrest in Iran has reportedly resulted in over 2,000 deaths, including both protesters and security forces. U.S. officials are reportedly weighing various responses, from sanctions to potential military options, though no immediate action has been confirmed.

Trump delivered a direct message to the people of Iran, emphasising support for their push for freedom and safety amid the growing crisis.

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#IranProtests #Trump #USPolitics #MiddleEastCrisis #HumanRights #EvacuationAlert #GlobalNews #TickerNews

News

Trump escalates pressure on the Federal Reserve with Powell probe

Trump administration investigates Fed Chair Powell, raising concerns over political pressure on monetary policy and economic stability.

Published

2 days ago

January 13, 2026

Harvey Vargas

Trump administration investigates Fed Chair Powell, raising concerns over political pressure on monetary policy and economic stability.

The Trump administration has launched a criminal investigation into Federal Reserve Chair Jerome Powell, dramatically escalating tensions between the White House and the central bank.

The probe centres on Powell’s testimony over a controversial renovation of the Federal Reserve’s headquarters, raising alarm over whether political pressure is being applied to monetary policy decisions.

The move has sparked fierce debate in Washington, with critics warning it could undermine investor confidence and destabilise economic expectations.

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#FederalReserve #JeromePowell #DonaldTrump #USPolitics #MonetaryPolicy #Markets #Inflation #TickerNews