Tesla, Model S
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"It’s time to basically bring the Model S and X programs to an end" - Elon Musk kills Tesla's pioneering EVs
Tesla has announced plans to discontinue the Model S and Model X by next quarter. The decision is part of a strategic shift toward high-volume models and future technologies like autonomous driving, as demand for these older premium models has fallen compared to the Model 3 and Model Y.
Car models get canceled all of the time, even the iconic and successful ones. But for electric-vehicle fans, it's not hard to have mixed feelings about the demise of the Tesla Model S. (And, to a lesser extent, the Model X.)
Tesla CEO Elon Musk announced a $2B investment into xAI and the discontinuation of Model S and Model X in order to support Optimus robot production.
Tesla, Inc. pivots from Model S/X to robotics and AI as EV margins slip; explore SpaceX/Starlink’s rumored 2026 IPO and risks. Click for my TSLA and SPACE update.