Tesla retiring Model S and X
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On an earnings call January 28, Tesla CEO Elon Musk told investors the automaker will “basically stop production of Model S and X next quarter.”
After almost 14 years in production, the Tesla Model S will be discontinued next quarter. This was Tesla’s first EV designed from the ground up, and it showed that fully electric cars could be fast and comfortable.
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
Tesla is taking one of the boldest turns in its history, and it’s not just about electric cars anymore. After years of dominating headlines as a pioneer of electric vehicles, the company is phasing out its Model S and Model X as part of a strategic shift toward robotics,