Tesla Announces Gradual Phase-Out of Model S and Model X. CEO Elon Musk stated during the quarterly earnings call that the final versions of these two electric vehicles will be produced next quarter, with future manufacturing resources shifting toward autonomous driving and robotics projects. He emphasized that Tesla will continue to provide long-term support for…
Tesla Announces Gradual Phase-Out of Model S and Model X. CEO Elon Musk stated during the quarterly earnings call that the final versions of these two electric vehicles will be produced next quarter, with future manufacturing resources shifting toward autonomous driving and robotics projects. He emphasized that Tesla will continue to provide long-term support for existing owners.
(Tesla)
Launched in 2012, the Model S played a pivotal role in bringing electric vehicles into the mainstream, while the Model X further expanded the market as a premium SUV. As Tesla shifts its focus to more mass-market models such as the Model 3, Model Y, and Cybertruck, these earlier vehicles have accomplished their historical mission. Tesla noted that customers interested in purchasing a Model S or Model X are advised to place their orders soon.
Amid growing competition in the new energy vehicle market, Tesla is realigning its product portfolio to concentrate on high-volume production models and the development of future technologies.
Roger Luo said:Tesla’s move to discontinue the Model S/X reflects a natural evolution in product lifecycle and market strategy. Amid intensifying EV competition, concentrating resources on high-volume models and cutting-edge technology is a pragmatic approach to maintain leadership, though sustaining brand premium appeal remains critical.
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