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The Year of the ‘Giga Press’: How Tesla’s monster machines can complete Elon Musk’s 2nd Master Plan
One of the most exciting developments from Tesla eagerly awaited by the electric car community is the company’s use of its giant casting machines. Dubbed by its maker IDRA as the “Giga Press,” the house-sized monster machines are capable of producing single-cast pieces for Tesla’s vehicles, starting with the Model Y.
The Giga Press lives up to its name. Its physical footprint is formidable, measuring 20 meters x 7.5 meters x 6 meters. It also weighs a whopping 430 tons, or about five Space Shuttles. So massive is the Giga Press that it takes up to 24 flatbed trucks to transport its components.
When operating, the Giga Presses are no slouch, as they have a cycle time of ~80‒90 seconds, which translates to an output rate of 40‒45 completed castings per hour, or about ~1,000 castings per day. That’s over 300,000 castings per year, per machine.
A Platoon of Giga Presses
So far, Tesla has set up two Giga Presses on the grounds of the Fremont Factory. Flyovers of the site show that the two machines are already set up, though it remains to be seen when they would formally be deployed. Over in China, three other Giga Presses have been spotted in the Giga Shanghai complex, though the units were reportedly built by LK Machinery, IDRA’s parent company.
But what is rather remarkable is that Tesla has several more Giga Presses in order. Sandy Munro, in a recent interview with electric vehicle advocate Sean Mitchell, noted that he has heard through the grapevine that Tesla has ordered 11 more units of the Giga Presses. Previous reports point to Giga Berlin receiving eight of the machines, and flyovers at the Giga Texas site seem to reveal three isolation pits for the monster machines in the area.
Needless to say, the Giga Press is poised to become a key part of Tesla’s Gigafactories from now on. As Tesla rolls out its single-piece cast design for the vehicles in its lineup, the company’s platoon of Giga Press machines will likely play an even bigger role. This role will likely become prominent starting next year, 2021.
The Year of the Giga Press
Tesla has always been a rebel of sorts, and this became extremely prominent this year. 2020 will likely be known as the year when the world stopped, and automakers suffered deep wounds due to the pandemic. Tesla, being a company that has always swum against the current, thrived instead of dropped. It is even poised to end the year as the newest member of the S&P 500.
But 2020 is only the beginning of a new chapter in the Tesla story. With the company now on more stable footing, the electric car maker can focus on executing its ramp for 2021. This ramp would likely involve Tesla aiming to produce close to, or perhaps up to, a million vehicles in one year. Such a ramp would require the full deployment of its Giga Press machines.
There is little doubt that Giga Press No.1 and No.2 at the Fremont Factory will be deployed fully soon. Giga Press No.3, No.4, and No.5 at Gigafactory Shanghai will likely be operational in early 2021 as well. And with Gigafactory Berlin likely starting Model Y production sometime next year, there is a good chance that several of its Giga Presses would go live next year as well. These, as well as the speculated machines in the Cybertruck Gigafactory in Texas, should allow Tesla to turn 2021 into the year of the Giga Press.
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A Multi-Segment Approach
Tesla is a company with a big goal, one which focuses on the Master Plan of its CEO. So far, Tesla has pretty much completed Elon Musk’s first Master Plan, but Part Deux still needs some worth to accomplish. This is especially true for one aspect of the CEO’s target—expanding the company’s vehicle product line to address all major segments.
So far, Tesla has vehicles that compete in the large sedan, midsize sedan, SUV, and crossover market. This is one of the reasons why there is still so much more for Tesla to do. Granted, the Cybertruck will address the pickup market, the Semi will address the long-haul segment, and the new Roadster will compete in the supercar market. But there are still other segments to tap. One of these is the compact car market, which is populated with small, low-cost vehicles that are extremely aggressively priced.
Tesla and Elon Musk have both noted that the company will be producing a $25,000 electric car that is smaller and cheaper than the Model 3. Such a vehicle would likely be equipped with the best innovations that the company can offer for it to be profitable. These include low-cost and disruptive tabless 4680 battery cells and massive single-piece casts that are produced with the Giga Press. And considering that both Giga Shanghai and Giga Berlin seem poised to produce the $25,000 Tesla, there seems to be a good chance that the company’s Giga Press platoon is only bound to get bigger in the near future.
Watch Sandy Munro and Sean Mitchell’s conversations about Tesla and its innovations in the video below.
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SpaceX will report second quarter results after the market closes on Tuesday, August 4, marking the first time the company has opened its books to the public since its record IPO in June. Management will host a live audio only webcast at 4:30 p.m. ET, streamed on X, with no dial in option.
The debut carries more weight than a typical first quarter as a public company. Two trading days after the release, on August 6, the first tranche of SpaceX’s lockup expires, freeing roughly 911.5 million insider and employee shares, worth well over $100 billion at current prices and the largest such release in Wall Street history. A second, larger tranche tied to the stock trading 30 percent above its $135 IPO price never triggered, since shares have spent most of July trading below that price.
Wall Street’s models point to revenue near $6.9 billion for the quarter, up sharply from the $4.69 billion SpaceX reported in the first quarter, with a narrower per share loss than the $1.27 posted three months earlier, according to estimates compiled by Motley Fool. Those numbers will be the first look at how SpaceX’s three segments, Starlink, launch and AI, are performing independently.
SpaceX scores another massive Pentagon deal to support military satellites
Investors heading into the call have a specific list of questions. How many net new Starlink subscribers did SpaceX add after ending March with 10.3 million, and is average revenue per user holding up as the service expands into lower income markets. How much of the AI segment’s revenue reflects contract signings with Anthropic, Google and Reflection AI this year, deals that combined could annualize to nearly $28 billion if fully ramped. Whether capital expenditures, which nearly doubled in the AI segment alone between 2024 and 2025, are still accelerating or starting to plateau. And whether management offers any forward guidance at all, something SpaceX has never done publicly.
The report will also land days after Elon Musk publicly denied a Wall Street Journal report describing internal planning to separate Tesla’s China business ahead of a potential Tesla-SpaceX merger. Whether Musk or SpaceX executives address that speculation on the call, even indirectly, maybe something investors will be listening for on Tuesday.
As Teslarati reported after Musk’s own warning to short sellers last week, the CEO has made clear he expects skeptics to be proven wrong over time. Tuesday will be the first chance for the numbers themselves to make that case.
Elon Musk
SpaceX’s Starship just got filmed by its own cargo
SpaceX released new footage of Starship in space captured by the Starlink satellites it deployed.
SpaceX released a new video Friday evening showing Starship from an angle showcased by its own Starlink satellites, watching the rocket drift away in orbit.
The 65 second clip, posted on X, stitches together footage from four cameras mounted on a single Starlink V3 satellite. It opens with a close view of Starship’s 171 foot upper stage, still catching sunlight, then pulls back as the two spacecraft separate.
The footage comes from Starship’s 13th flight test, which launched July 24 from Starbase after a scrubbed attempt and an abort caused by an engine issue the week before. When Flight 13 finally flew, it carried the first batch of functional Starlink V3 satellites Starship has ever deployed, twenty of them, with six equipped with cameras meant to scan the ship’s heat shield during reentry.
View of Starship in space from a Starlink V3 satellite on Flight 13.
This composite is made of imagery from four separate cameras on a single satellite. Six of the satellites were equipped with cameras to scan Starship’s heat shield and transmit imagery down to operators to… pic.twitter.com/sNTHHz5vLr
— SpaceX (@SpaceX) July 31, 2026
Flight 13 checked most of its boxes. Starship deployed all 20 satellites, relit a Raptor engine in space, and splashed down softly in the Indian Ocean off Western Australia. Musk’s longer term plan calls for a Starlink V3 constellation of 100,000 satellites, according to a recent FCC filing, with Starship as the only vehicle capable of launching them at the volume that requires. Each Starship flight is designed to carry up to 60 V3 satellites once the vehicle reaches routine service, well beyond what Falcon 9 can carry in a single mission.
Starship is next expected to fly with an attempt at catching the ship itself with the launch tower’s mechanical arms, a maneuver SpaceX has so far reserved for the Super Heavy booster.
Tesla flexed the new features of the Model Y L with a dedicated media event at the company’s Diner on Santa Monica Boulevard in Los Angeles.
The Model Y L is the extended-wheelbase version of the all-electric crossover, which has been voted the best-selling car in the world on three occasions. The vehicle is already rolling off production lines at Gigafactory Texas, and first deliveries are slated to take place later this year.
Tesla brings Model Y L ‘Launch Series’ to the U.S. at $61,990
Teslarati was invited to the event, but due to some scheduling conflicts, we could not make it to Los Angeles. Instead, we will have our hands on a media unit sometime in August, so we’ll be able to spend some more extended time with the Model Y L.
However, plenty of those who made it to LA shared some cool features that set the Model Y L apart from the Model Y.
Multi-Row Climate Control
Tesla fitted the Model Y L with full climate control on all three rows on the front screen. It can be adjusted by selecting which row you’d like to modify on the right-hand side of the touch screen:
The Model Y L has a little row of icons on the right side of the climate screen so the front passenger can more quickly jump to whatever row they want to control. pic.twitter.com/uJS44mgCvk
— Sawyer Merritt (@SawyerMerritt) July 30, 2026
Better Rear Window Visibility
One of the strangest things about the Model Y, especially the Juniper iteration, is the rear window has extremely limited visibility when looking into the rearview mirror.
Tesla has improved upon this with the Model Y L:
This is a drastic difference. https://t.co/wTdhitD5aA pic.twitter.com/z6hFs0Jkss
— TESLARATI (@Teslarati) July 30, 2026
PowerShare will be included
Model Y L will come with PowerShare in North America, with an 11.5kW output to your home. Tesla said it would require Powerwall 3 for operation.
Wireless Charging Pad
There has been some speculation that Tesla would upgrade the wireless charging pads in the United States, but this is not the case.
Tesla owner fixes common feature complaint with crafty DIY retrofit
Tesla confirmed that it does not come with the cooled pads as the Y L in China does. This is because North America has not adopted Qi charging yet.
Thermal Management Improvements
These improvements in the Model Y L were seen with thermal management:
- Up to 15% faster cabin cooling
- +23% thermal efficiency gained in hot weather, 7 miles of real-world range gained
- 8x more solar energy reflection off of glass roof
- 30% reduction in solar energy entering the cabin
Some of the thermal management improvements in the new Model Y L Premium:
• Up to 15% faster cabin cooling
• Up to 15 min faster cabin cooling in sunny conditions
• +23% thermal efficiency gained in hot weather +7 miles of real-world range gained
• +10 miles recovered after… pic.twitter.com/jZirFWFdtO— Sawyer Merritt (@SawyerMerritt) July 31, 2026
Demand
Tesla said the Model Y L is almost sold out in the U.S. It comes with
- 1 year of FSD Supervised
- 1 year of Supercharging
- 1 year of Premium Connectivity
- Free exterior paint color, interior, and wheel option at no additional cost
SpaceX’s biggest test yet arrives this week and it’s not a rocket launch
SpaceX’s Starship just got filmed by its own cargo
