It wasn’t easy, but Tesla has finally hit its goal of manufacturing 5,000 Model 3s a week and Elon Musk has no plans of slowing down.
In fact, Musk now says Tesla is aiming to produce more than 6,000 of the mass-market vehicles a week by the end of the month, with the majority of the company’s factories aiming to manufacture 10,000 in a week by the end of the year.
Tesla shares are up 4 percent as the company continue to take major leaps forward toward achieving profitability.
Metalysis has produced C-103 alloy powder to commercial specification, creating a new source of a refractory material used in space, aerospace, defense and hypersonic systems. The niobium-hafnium-titanium alloy is valued for strength, corrosion resistance and performance in extreme heat. “C-103 was developed in the 1960s but now we are seeing a huge surge in demand,” said Metalysis CEO Nitesh S
Foundation Alloy has secured $22 million in Series A funding to expand its solid-state metallurgy platform and increase production of advanced alloys in the United States. The investment will support a new manufacturing facility in Massachusetts, additional production capacity in New Hampshire, and international distribution into Asia. CEO Jake Guglin summed up the company's next phase with a s
Researchers at the Department of Energy’s Oak Ridge National Laboratory have developed high-temperature aluminum alloys that met the strength and durability requirements of General Motors’ new low-mass, high-efficiency medium-duty truck engine. The materials were tested under a cooperative research and development agreement between ORNL and GM. According to ORNL, the two alloys helped the proto
Tenova will supply an electric arc furnace revamp for Tenaris’ steel mill in Koppel, Pennsylvania. This is part of a wider steel mill modernization program across the company’s Pennsylvania operations. Announced on June 29, 2026, the project will be delivered through Tenova Inc., the company’s US subsidiary, and will include engineering, equipment supply, and commissioning services for the Koppel
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