Tesla discontinues Model X and S vehicles as Elon Musk pivots to robotics
by Nick Robins-Early from World news | The Guardian on (#735XD)
High hopes for Optimus robot help company beat forecasts despite yearly revenue decline and flailing car business
In the clearest sign yet that Tesla is pivoting away from its electric car business, CEO Elon Musk announced on Wednesday's investor call that the company would discontinue production of its Model X SUV and Model S full-size sedan.
It's time to basically bring the Model S and X programs to an end," Musk said. We expect to wind down S and X production next quarter."
Continue reading...