Energy storage products like the Megapack, Megablock, and Powerwall drove
Tesla’s decision to kill the Model S and X signals the end of an era, and a clear pivot toward robotics, autonomy, and higher-margin future technologies.
The post Tesla kills Models S and X in a shocking twist to make more robots appeared first on Digi…
Tesla will discontinue the Model S and Model X in the second quarter of 2026, Elon Musk said in an earnings call with investors today. No advance word was given about the cancellations, making it an abrupt ending for Tesla’s two original flagship EVs. Musk said the reasons for cancelling the vehicle programs was to […]
The company will stop making the pioneering EVs in the second quarter of 2026, CEO Elon Musk announced Wednesday.
Elon Musk’s AI company xAI disclosed earlier this month it had raised $20 billion.
In its earnings report, Tesla says that the third-generation version of its Optimus humanoid robot “meant for mass production” will be unveiled in the first quarter of 2026. This new version of Optimus will include “major upgrades from version 2.5, including our latest hand design.” And the company is making preparations for the first production […]
The company’s sales fell for a second year in a row despite CEO Elon Musk spending years promising 50% annual growth.
Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks. Tesla said it earned $840 million in net income […]
Data collected and analyzed by Obi suggest a shift is underway.
Tesla’s robotaxis are not robotaxis in the sense that they’re not fully driverless and still feature safety monitors with access to a kill switch in case anything goes wrong. But the automaker is shaking things up with its approach to pricing, according to a new analysis of the nascent market. Obi, an app that aggregates […]