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Tesla to Phase Out Model S and Model X so It Can Focus on Robots
Tesla will end Model S and X production next quarter to repurpose lines for Optimus robots, aiming to start robot manufacturing this year and sell by 2027.
- On the earnings call this week, Elon Musk said `It’s time to basically bring the Model S and X programs to an end` and Tesla expects to wind down S and X production next quarter, converting those lines to manufacture Optimus robots.
- Facing falling sales, Tesla said it is shifting from hardware to a physical AI company with $20 billion in capex and a $2 billion investment in xAI.
- Tesla confirmed no new car models and said the Model 3 and Model Y will get occasional tweaks, while investors initially pushed the stock higher on robot revenue expectations despite the price dropping about $420.
- At the Colossus data center in Memphis, Tennessee, Musk brought in a dozen portable methane-powered generators claiming they did not need air quality permits after the local utility failed to supply power.
- Experts warn that humanoid robots remain highly experimental and commercialization can take decades, while Guy Hoffman said Tesla's shift is `either bold or risky` and critics note Musk often misses forecasts.
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Exit the Model S and the Model X. Place in Optimus and autonomous taxis. Transforming the texan automaker into a company from the AI is the best way to keep Tesla's value of US 1500 billion, says its CEO Elon Musk.
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Tesla to phase out Model S and Model X so it can focus on robots
The decision ends a major chapter in Tesla's history. The Model S, introduced in 2012, and the Model X, launched in 2015, helped define the premium electric vehicle segment and positioned Tesla as a pioneer in modern automotive design.Read Entire Article
Tesla will convert a factory in California into a production site for Optimus robots.
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40% Center
L 40%
C 40%
R 20%
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