Tesla Stock Falls As The Market Mulls Tesla's Shift To 'Transportation-As-A-Service,' Massive Capital Spending

Group 1 - Tesla CEO Elon Musk announced the phasing out of Model S and Model X trims to focus on Optimus robot production [1] - The company plans to invest $20 billion in capital expenditures by 2026 [1] - Tesla is positioning itself as a "transportation-as-a-service company" in the context of new vehicle models [1] Group 2 - Tesla's earnings have fallen by 17% [1] - The company is exploring robotaxi expansion as part of its future strategy [1]