Tesla ends Model S and X production to build humanoid robots
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Tesla's ending Model S and X production at its Fremont plant to build a million Optimus robots annually amid plunging profits and sales.
During the company’s latest earnings call, CEO Elon Musk revealed that Tesla plans to wind down production of its longest-running vehicles — the Model S and Model X — and repurpose a key California factory to build humanoid robots instead.
The Model S and Model X played a crucial role in establishing Tesla's brand, helping prove that electric vehicles could compete with traditional cars. Over the last couple years however, demand and revenues have dropped for those models,
Elon Musk warns that initial production of Tesla’s Cybercab robotaxi and Optimus humanoid robot will be “agonizingly slow” before scaling up.
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Tesla announced their plan to end Model S and Model X production, shifting focus to Optimus robot factory. More Videos