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Tesla’s ‘Giga Press’ Is Almost Operational. The Stock Is Jumping.


A new Tesla giga press—a diecasting machine that promises to upend automotive manufacturing—is almost ready to go.

The German automotive news outlet Automobilwoche reported Monday that Tesla’s new manufacturing facility in that country will start production in December.

Tesla’s German plant is home to another giga press that will manufacture…

Giant U.S. Pension Bought AMC, Snowflake, and Tilray Stock. What It Sold.

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