This is actually really important for his early cars, and was back when they had NEVER posted a profit and only made a few thousand cars per year (as opposed to now, they have made the best selling car on Earth for the last 2 years in a row). Aluminum stamping is incredibly expensive process and in 2015 they had only sold aluminum cars. Aluminum itself is a really cheap metal - thats why they make soda cans from it instead of something cheaper - but a misfolded aluminum blank can destroy the stamps. It gets expensive quickly. This acquisition helped Tesla grow into what it is - the next year they released the Model X (still all aluminum) and the year after that the Model 3 (Their first car to use substantial amounts of steel). Riviera's growth helped Teslas growth.
This is actually really important for his early cars, and was back when they had NEVER posted a profit and only made a few thousand cars per year (as opposed to now, they have made the best selling car on Earth for the last 2 years in a row). Aluminum stamping is incredibly expensive process and in 2015 they had only sold aluminum cars. Aluminum itself is a really cheap metal - thats why they make soda cans from it instead of something cheaper - but a misfolded aluminum blank can destroy the stamps. It gets expensive quickly. This acquisition helped Tesla grow into what it is - the next year they released the Model X (still all aluminum) and the year after that the Model 3 (Their first car to use substantial amounts of steel). Riviera's growth helped Teslas growth.