https://www.reuters.com/business/autos-transportation/gm-snatches-key-tesla-gigacasting-supplier-2023-11-15/ TEI also supplied the castings for the Cadillac Celestiq. GM seems to be setting the ground work for their future EVs and other products. This acquisition also deprives Tesla of a local sandcasting/gigacasting partner and must now work with its 3 overseas gigcasting suppliers.
Will insurance companies will be more likely to write off gigacasted cars as totaled after what used to be minor accidents?