Tesla is taking delivery of another of the world’s largest press at Gigafactory Texas, and it is again expected to be used for Cybertruck production.
Last year, Idra, the maker of Tesla’s large casting press, teased a new 9,000-ton Giga Press that would take the prize as the largest in the world. Considering Tesla’s relationship with Idra, it was rumored that the new machine would be for the automaker.
Tesla’s investment in larger cast parts has been extremely successful so far. The automaker managed to produce the Model Y with a single rear body piece that replaced 70 different parts in the vehicle, and it is doing the same with the front underbody. This greatly simplifies the manufacturing process and reduces costs.
Following the success of the integration of large casting technology, several other automakers are reportedly looking to follow in Tesla’s footsteps. Idra reported last year that half a dozen other automakers are currently in talks to adopt the technology, but it could take years before they can integrate it into any vehicle programs.
But as for Tesla, the automaker is already moving into a wider integration of the technology, including with the Cybertruck, which is going to have even larger single-casting parts.
In January, Tesla was spotted taking delivery of the massive 9-ton casting press, the biggest one in the world. Over the last few months since the delivery, Idra has been teasing the preparation for the shipment of another 9-ton press and obviously, Tesla was rumored to again be the client.
Today, we can confirm that the new press is indeed for Tesla and that it has arrived in Texas. Cybertruck Forum user Greggrtruck found the bill of lading that confirms Tesla is the client and that it has arrived at the port of Houston:
The new Giga Press is bound for Gigafactory Texas in Austin. Once it is installed, Tesla is going to have the two largest presses in the world. They are both expected to be used for Cybertruck production. The automaker also has a few 6-ton Giga Press units for Model Y production at the same factory.
Tesla aims to start Cybertruck production this summer, but volume production is not expected until 2024. At this point, it’s not clear if both 9-ton Giga Press are going to be needed for the start of production or if the second one is meant to be used to achieve higher volumes.
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A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.
Pavel Mikheyev | Reuters
U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a recession.
Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74 on Sunday night. The move comes after back-to-back 6% declines last week. WTI is now at the lowest since April 2021.
Worries are mounting that tariffs could lead to higher prices for businesses, which could lead to a slowdown in economic activity that would ultimately hurt demand for oil.
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Oil futures, 5 years
The tariffs, which are set to take effect this week, “would likely push the U.S. and possibly global economy into recession this year,” according to JPMorgan. The firm on Thursday raised its odds of a recession this year to 60% following the tariff rollout, up from 40%.
Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down.
Despite the dramatic slowdown of Tesla’s US deliveries, sales of electric vehicles overall have perked up in recent months, with Illinois’ EV adoption rate well above the Q1 uptick nationally. Crain’s Chicago Business reports that the number of new EVs registered across the state totaled 9,821 January through March, compared with “just” 6,535 EVs registered in the state during the same period in 2024.
At the same time, the state’s largest utility, ComEd, launched a $90 million EV incentive program featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles. That program has driven a surge in Class 3-6 medium duty commercial EVs, which are eligible fro $20-30,000 in utility rebates on top of federal tax credits and other incentives (Class 1-2 EVs are eligible for up to $7,500).
The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
XCMG battery swap crane; via Etrucks New Zealand.
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.