Tesla ends Model S, X
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Tesla shifts from cars to chips: Revenue down 10%
Tesla Shifts From Cars to Chips: Revenue Down 10 Percent
Tesla expects to more than double capital spending in 2026 as it invests heavily in robotics and driverless technology.
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.
As it reported another quarter and year of disappointing financial results, the automaker and CEO Elon Musk talked up plans that could have impacts in Texas.