Musk shuts down Tesla car lines
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The Model S and Model X were game-changing cars, but they've met an unceremonious end as the factory used to make them will focus on building robots.
Basically, driving a car like the Model S isn’t the future, but a car driving you is. In a first for the company, Tesla revealed it has 1.1 million paying subscribers for its full self-driving (FSD) business.
The Model S was “demoed” at the CES Nvidia booth (Tesla did not have a booth) in January of 2012 – about five months before production of the Model S started. I remember that the Model S was mobbed, overshadowing whatever separate PC graphics chip technology Nvidia was demoing.
Tesla will end Model S and Model X production, converting its Fremont factory to build Optimus humanoid robots and expand robotaxi ambitions.
Tesla says it has 1.1 million Full Self-Driving subscribers. It's key to Tesla's future thesis, but controversies aren't slowing down.
The company announced it was ending production of its higher-end Model S and Model Y, and turning that production space over to making humanoid robots.
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
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