Tesla, Model X
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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.
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Why is Elon Musk stopping production of the Model S and X EV cars? What will happen to Tesla now?
Elon Musk's EV company, Tesla, will now focus on the production of humanoid robots instead of cars. The company is going to stop the production of the Model S and Model X from the second quarter of 2026.