Tesla is putting the brakes on production of the Model S and Model X.

SpaceX generated about $8 ​billion in profit on $15 billion to $16 billion of ‍revenue last year, two ​people familiar with the company's results ​said, ⁠providing fresh insight into the financial hea...

Despite its recent weak sales, auto executives and analysts widely regard the Model S as one of the most important cars the industry has produced in its 125-year history.