Tesla is killing off its Model S and X cars to make robots

Tesla is killing off its Model S and X cars to make robots

Engadget business

Key Points:

  • Tesla CEO Elon Musk announced that the company will essentially cease production of the Model S and X electric vehicles next quarter to focus on autonomous technology and new product lines.
  • The Model S and X, in production since 2012 and 2015 respectively, have seen declining sales compared to the newer Model 3 and Y, which dominate Tesla’s deliveries.
  • Tesla plans to convert the Fremont factory space currently used for Model S and X production into a facility for manufacturing Optimus humanoid robots, aiming to produce up to 1 million units long-term.
  • Musk revealed that Tesla intends to begin selling Optimus robots to the public by the end of next year, despite previous demonstrations failing to meet expectations and skepticism about optimistic timelines.

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