Tesla Ditches Model S and X for Robots
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Wall Street analysts project strong earnings growth over the next few years.
Tesla Inc. (NASDAQ:TSLA) will stop producing the Model S, as well as the Model X, CEO Elon Musk confirmed during the company's fourth-quarter earnings call. Tesla Ends Model S, Model X Production During Tesla's Q4 earnings call on Wednesday,
By Akash Sriram and Abhirup Roy Jan 28 (Reuters) - Tesla said on Wednesday it will invest $2 billion in CEO Elon Musk's artificial-intelligence company xAI - and that production plans for its Cybercab robotaxi were on track for this year.
Electric vehicle maker Tesla's revenue and profits fell during the fourth quarter of 2025 despite record levels of production, it reported.
Tesla fast-tracks Optimus humanoid robots, shifting factory space and strategy as Musk promises mass production and a poverty-free future.
Tesla has a busy year ahead of it as it seeks to deliver on a series of initiatives, including expanding its ride-hailing service and beginning production for several new products. It’s still unclear how much that will cost.
Q4 deliveries miss, revenue/EPS estimates, and key catalysts like robotaxi, FSD, Optimus and AI5—read the latest now.