Tesla just declared robot era more important than EV era
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Tesla is taking one of the boldest turns in its history, and it’s not just about electric cars anymore. After years of dominating headlines as a pioneer of electric vehicles, the company is phasing out its Model S and Model X as part of a strategic shift toward robotics,
Tesla gained 3% after Musk said Optimus humanoid robots will be sold to consumers by end of 2026 following safety testing.
Tesla had a poor 2025 but it's pivoting to two new and potentially massive industries. Is it worth a look for 2026?
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Tesla dumps luxury cars to bet everything on robot drivers
Tesla is saying goodbye to the cars that put it on the map. The company plans to stop making the Model S and Model X. These were the luxury electric vehicles that made Tesla famous, but CEO Elon Musk is ready to move on.
Elon Musk spoke about advancements in AI, robotics, and space travel during an appearance at the World Economic Forum on Thursday. Musk said that by the end of next year, he expects to be selling humanoid robots to the public,
Tesla’s annual revenue has fallen for the first time in its history. The EV pioneer reported a 3% decline in total revenues for 2025