"Sales of the Tesla Model X and Model S have fallen steadily over the years as the company's high volume and cheaper entries - the Model 3 and Model Y - took over. Their deaths were inevitable."
"Musk isn't filling the void left by the Model X and Model S with a traditional EV; he ditched plans to produce a lower-cost EV that was expected to be priced around $25,000."
"Tesla plans to build Optimus robots at its Fremont, California, factory once production of the Model S and Model X end, which could be any day now that final orders have been taken."
Tesla has confirmed the end of Model S and Model X production, with only a few hundred unsold vehicles remaining. Sales of these models have declined significantly as the more affordable Model 3 and Model Y gained popularity. The peak sales for Model S and X occurred in 2017, with a steady drop to 50,850 vehicles expected in 2025. Instead of introducing a lower-cost EV, Tesla is shifting focus to the Optimus robot and the Cybercab, an all-electric autonomous vehicle, with production set to begin soon.
Read at TechCrunch
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