Tesla is killing off the Model S and Model X
Core Insights - Tesla is discontinuing production of the Model S sedan and Model X SUV, with final versions to be produced next quarter [1] - The company will repurpose the factory space in Fremont, California, to manufacture Optimus robots instead [1] - CEO Elon Musk emphasized the shift towards autonomy as a reason for ending the Model S and X programs, encouraging potential buyers to place orders soon [1] Company Overview - The Model S was launched in 2012 and is credited with making electric vehicles widely appealing [1] - The Model X was Tesla's second major electric vehicle program [1] - Sales of both the Model S and Model X have stagnated in recent years, despite updates to their interiors and exteriors [1]