Tesla, Model S
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Tesla CEO Elon Musk said Wednesday that the company will discontinue production of the Model S and Model X, reducing the lineup to essentially three vehicles. So, what's next?
Tesla sends the Model S and Model X to live on a farm upstate, canceling its two longest-running EVs to make way for an autonomous, robotic future.
On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.
Tesla CEO Elon Musk said the EV maker will discontinue the Model S and X, Tesla's premium sedan and SUV offerings, in the next quarter.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
We can still remember reading the reviews from 2012. Like it or not, the Tesla Model S was pivotal in making EVs gain mass-market appeal, not just in America, but worldwide. It helped that it was a hugely competent car and practically set the baseline for EVs in the coming years.
Tesla ends Model S and X production to build Optimus robots, pivoting from automaker to AI and robotics firm amid its first annual revenue decline.
Tesla CEO Elon Musk, who turned an upstart electric vehicle maker into an industry-changing powerhouse, is pulling the plug on the two models that helped get him there, as he struggles with another quarter of declining profits and car sales.