Tesla ends production of Model S and Model X vehicles
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Tesla, Elon Musk
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CEO Elon Musk says the company will close down production of two older car models, S and X, and convert the Fremont factory to produce its Optimus robots instead.
On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.
After years of relative quiet, Tesla's factory in Buffalo, New York, has been repurposed back to its original purpose: to make solar panels. The 1.2
Tesla, meanwhile, will no longer build its Model X and S vehicles.
Elon Musk said Tesla Inc. needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors, a massive undertaking that will cost billions of dollars and mark another expansion beyond what had been the company’s core electric vehicle business.
Tesla's Fremont factory named as the production site for the new Optimus robot while continuing vehicle production.
Prior to being appointed Director of Vehicle Operations and Engineering at Fremont in 2023, Bate was Director of Manufacturing for both Tesla’s Model 3 and Model Y vehicles. ・Electrek noted that the departure is the latest of a streak of exits at the EV giant.
The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup.