"Tesla CEO Elon Musk stated that the company has nearly cleared out its inventory of Model S sedans and Model X SUVs, with only a few hundred units remaining. This shift comes as Tesla transitions its focus from traditional vehicle sales to advancements in autonomy and robotics."
"Musk mentioned that production of the Model S and Model X has stopped, signaling a major change in Tesla's direction. The Fremont factory, which was home to the production of these models, will now be repurposed to build Optimus robots."
"The Model S, launched in 2012, was pivotal in establishing Tesla as a luxury and sports brand, while the Model X followed in 2015, marking the company's entry into the SUV market. However, both models have been overshadowed by the more affordable Model 3 and Model Y."
Tesla's inventory of Model S and Model X vehicles is nearly depleted, with only a few hundred units remaining. CEO Elon Musk announced that production has stopped, indicating a significant shift in the company's strategy. Tesla is moving away from traditional vehicle sales to focus on autonomous cars and humanoid robots. The Fremont factory, previously dedicated to Model S and Model X production, will be repurposed for building Optimus robots. The Model S and Model X, once flagship models, are now seen as relics of an earlier era for Tesla.
Read at www.businessinsider.com
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