Tesla is discontinuing two of its best-known cars – here’s why
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The Tesla Model X is being discontinued
Tesla CEO Elon Musk announced the company will cease production of its Model S and Model X vehicles.
This strategic shift aims to redirect Tesla's focus and resources towards artificial intelligence and robotics.
The Fremont factory, previously used for these models, will be converted to manufacture Tesla's humanoid robot, Optimus.
Musk envisions Optimus as the 'biggest product of all time,' predicting it will become an 'infinite money glitch' and contribute 80 per cent to Tesla's value, aiming for a $25 trillion valuation by 2050.
However, experts like MIT roboticist Rodney Brooks express scepticism, deeming the concept of a general-purpose humanoid assistant technologically and economically unfeasible for decades.
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