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Tesla (TSLA) commits $20B to robotics. The company is discontinuing Model S and Model X for Optimus production. Tesla Q4 2025 profit fell 61% to $840M despite holding $44.1B in cash. Tesla’s $20B ...
On Wednesday, Elon Musk announced on an earnings call that Tesla would be ending its production of Model S and X vehicles, in order to leave room for Optimus robot manufacturing at its Fremont ...
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Tesla plans to end production of its Model S and Model X vehicles in the spring. The company will convert the factory space to build its Optimus robot. CEO Elon Musk stated the move is part of a shift ...