"Tesla CEO announced the death of both models on a fourth-quarter earnings call this week as the automaker attempts to become much more than just an automakerthe EVs' production lines will be used instead to make the Optimus robot. That's a far more unproven bet than even EVs were, but Tesla is hanging its entire future on automation and AI."
"Tesla's first car was the Roadster, but that was more of a rough proof of concept than anything else. The Model Sfast, sleek, high-tech and expensivethat convinced people EVs could be desirable and not, you know, the Coda Electric. Its success propelled Tesla to greater heights, like taking EVs mainstream with the Model 3 and Model Y. But in recent years, it was tough to make a case for the Model S, or its gull-winged SUV sibling, the Model X."
"We also have a lot to cover from Paren's latest study on EV charger growth in America. Spoiler alert: there's a lot of good news there. And Tim reports on conversations he recently had with the CEOs of Slate Auto and Scout Motors, covering pricing and the rise of extended-range EVs, respectively. Tune inTim got some good tea out of both of them. Check out the show wherever you get podcasts (find your preferred platform here)."
Tesla has discontinued the Model S and Model X and will repurpose their production lines to build the Optimus robot, prioritizing automation and AI over traditional vehicle manufacturing. The Model S established EV desirability with a fast, high-tech, premium offering and helped pave the way for the Model 3 and Model Y. In recent years, the Model S and X became expensive and less competitive as rivals caught up, and sales declined. Paren's latest study reports strong EV charger growth in America. Industry conversations have focused on pricing and the rise of extended-range EVs.
Read at insideevs.com
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