12:34 PM EDT, 05/01/2024 (MT Newswires) -- Tesla (TSLA) has retreated from a plan for innovations in its "gigcasting" manufacturing process, Reuters reported Wednesday, citing two unnamed sources.

Tesla didn't reply to a request for comment, Reuters said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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