Tesla Ends Production of Model S and X, Shifts Focus to Future Technologies
Tesla has completed production of its final Model S and X vehicles at its Fremont factory after 14 and 11 years respectively. The move aligns with CEO Elon Musk's vision for the company’s future in autonomous driving (FSD), robotaxi expansion, Optimus humanoid robots, and energy storage. While analysts remain cautious about Tesla's stock valuation, the shift signals a strategic pivot toward new growth areas.
Tickers: $TSLA
Topics: FSD growth Model S and X discontinuation Optimus robot production robotaxi expansion Tesla