Tiny homes, big problems
, the company softened that claim, saying it expects it"will be able to" build the homes for that sum in the future.
Buried in its recent Canadian filing, Boxabl itself states that manufacturing Casitas has been a money-losing proposition. A person with direct knowledge of the company's materials sourcing and the performance of its production operations in its year-old North Las Vegas factory said the company continued to tinker with the design and componentry for its Casita units even as it was trying to mass-produce them to fulfill its first major order.
, causing costly interior water damage and mold that Boxabl is now in the process of helping to repair. "The scale of the problem and our solution calls for a much bigger factory to push the cost where it needs to be," Galiano told Insider."It's really comparable to automobile manufacturing. At a Tesla factory, they're putting out one car per minute, and we need to get to that scale."
In its Canadian filing, the company disclosed that it had been reprimanded in January by Arizona's Department of Housing for jumping ahead of the regulatory process in that state after it sold 176 Casitas to a mining firm that are being installed in Bagdad, Arizona. Boxabl stated that it had"requested that the citation be dismissed.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Tiny ticking time bombs' threaten markets with big shock possible soon'All these tiny ticking time bombs' are threatening the market, and the coming week could deliver a big shock, trading legend Art Cashin says
Read more »
Trump Reportedly Workshopping New DeSantis Nicknames, Including 'Tiny D'Trump's new nickname for Ron DeSantis could be 'Tiny D' ... just one of many options him and his team are reportedly brainstorming as they gear up for a primary showdown.
Read more »
Donald Trump Floating ‘Tiny D’ as New DeSantis NicknameHe has also apparently been considering “Ron Dishonest” and “Ron DeEstablishment.”
Read more »
Peek at 6 Instagram-worthy tiny homes and cabins by a New York startupA New York-based startup offers 38 Instagrammable tiny homes and cabins. See inside 6 of their coolest offerings.
Read more »
Texas designer Katie Kime adds Houston to her city toile collectionAfter debuting the Houston collection at a luncheon at Tiny Boxwoods attended by local...
Read more »
'Scream VI': Cinemark's Ghostface Cups Available for Pre-OrderCinemark's 'Scream VI' Ghostface cups are available for pre-order now.
Read more »