Tesla ends Model S, X
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Tesla Inc. (NASDAQ:TSLA) will stop producing the Model S, as well as the Model X, CEO Elon Musk confirmed during the company's fourth-quarter earnings call. Tesla Ends Model S, Model X Production During Tesla's Q4 earnings call on Wednesday,
It marks a major shift for Tesla, which is currently the world’s most valuable automotive firm with a market valuation close to $1.5 trillion. It is also one of the most profitable electric vehicle maker, however it recently lost its crown to China’s BYD as the world’s biggest EV seller.