Elon Musk to end Model S and Model X
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Two of the oldest vehicles on the market, and the halo EVs that started the Tesla uprising are soon to be discontinued.That’s right, the Tesla Model S and Tesla Model Y are on life support, dying off next quarter.
Instead, the company focused on its best-selling SUV and sedan, the Model Y, and Model 3, while sales of the Model S and X dwindled. When reporting sales, Tesla lumps all of its premium models together in the "other models" category, and in the last quarter of 2025, it sold only 11,642 of these, a 51 percent year-over-year decrease.
We can still remember reading the reviews from 2012. Like it or not, the Tesla Model S was pivotal in making EVs gain mass-market appeal, not just in America, but worldwide. It helped that it was a hugely competent car and practically set the baseline for EVs in the coming years.
Earnings season is in full swing, with 102 companies in the S&P 500 index reporting earnings this week, according to LSEG. ↗️ Tesla (TSLA): The automaker [canceled two EV models](
Tesla Inc. plans to invest about $2 billion into xAI, giving Elon Musk’s artificial-intelligence startup a cash infusion despite a shareholder vote last year that failed to win approval.
Electric vehicles are slowly becoming an accepted part of the world. While demand may have slowed over the past few years, people are now generally willing to consider them as their primary form of transportation.