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Tesla is giving the Model S and Model X the ax. Recent sales figures help explain why.
The company will stop making the pioneering EVs in the second quarter of 2026, CEO Elon Musk announced Wednesday.
On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.
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Elon Musk says Tesla is discontinuing Model S and Model X and doubling down on Optimus robots
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.
One analyst estimates Tesla could ultimately make $25 billion a year by selling Optimus robots manufactured on former Model S and Model X production lines.
Elon Musk confirms Tesla will retire the Model S and X, closing a chapter on two of its most influential vehicles as the company changes direction
Tesla is taking one of the boldest turns in its history, and it’s not just about electric cars anymore. After years of dominating headlines as a pioneer of electric vehicles, the company is phasing out its Model S and Model X as part of a strategic shift toward robotics,