Tesla, Model X
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Tesla is in the process of sunsetting two of its oldest cars, the Model X and Model S. Will the discontinuation lead to higher resale values?
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
It's the end of the road for Tesla's long-running electric sedan and SUV. The automaker plans to make Optimus robots in their Fremont factory space.
The company will stop making the pioneering EVs in the second quarter of 2026, CEO Elon Musk announced Wednesday.
The electric car brand’s premium models are set to be retired to make way for the production of its humanoid robots.
Decreased Sales: In the Ev cars Tesla established new mile stones but in the past 2-3 years the sales of the model S and X have been declined. Shifted on AI Technology: The CEO Elon musk wants Tesla to make an AI and Robotics company in future. Hence he is also heavily investing in the same field.