Musk claimed the reason for killing Model S and Model X was “autonomy.” This sounds strange considering that those vehicles are equipped with the same auotnomous driving capabilities (Level 2) and hardware. But it started to make more sense when he said what will replace the production line in Fremont: Optimus production.

The Model S deserved better than this.

It's the end of the road for Tesla's long-running electric sedan and SUV.

Tesla CEO Elon Musk, who turned an upstart electric vehicle maker into an industry-changing powerhouse, is pulling the plug on the two models that helped get him there, as he struggles with another quarter of declining profits and car sales.

Tesla CEO Musk stated that the Optimus robot, Robotaxis, and FSD will be the key value drivers.

Tesla announced their plan to end Model S and Model X production, shifting focus to Optimus robot factory. More Videos

Tesla Inc. will spend over $20 billion on a dramatic reshuffling of factory lines reflecting Elon Musk’s repositioning of the carmaker coming off a multiyear sales slump.