Tesla won't make two of its car models
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On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.
Instead, the company focused on its best-selling SUV and sedan, the Model Y, and Model 3, while sales of the Model S and X dwindled. When reporting sales, Tesla lumps all of its premium models together in the "other models" category, and in the last quarter of 2025, it sold only 11,642 of these, a 51 percent year-over-year decrease.
After years of promises to make truly self-driving Teslas happen, Elon Musk says he's done it.
Elon Musk and Tesla suffered a difficult end to 2025 with EU and UK electric car sales falling with China hot on their heels.
Instead of rolling out new car models, Musk is also betting that Tesla’s future is providing robotaxis as a service. It stands to reason why the company needs to find a new growth area. The US giant lost its crown as the world’s top-selling EV brand to China’s BYD in 2025,
The Model S sedan and Model X SUV are heading for retirement as the company steers away from cars and toward humanoid robots instead. CEO Elon Musk made the announcement on an earnings call on Wednesday,