On an earnings call January 28, Tesla CEO Elon Musk told investors the automaker will “basically stop production of Model S and X next quarter.” ...
Tesla is giving the Model S and Model X the ax. Recent sales figures help explain why.
Tesla stock jumps as Model S and X are retired, highlighting Musk’s pivot toward AI, robotics and autonomous driving.
Used car values for Tesla’s Model X, S and Y have plummeted over the last year, with losses outpacing every other major vehicle segment. According to iSeeCars, the average price drop for these ...