Tesla ends production of Model S and Model X vehicles
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Elon Musk wants investors to think of Tesla as more than a car company—and it looks like he means business. The Tesla CEO on Wednesday said the company would stop producing two of its EV models by the end of the first half of 2026.
Instead, the company focused on its best-selling SUV and sedan, the Model Y, and Model 3, while sales of the Model S and X dwindled. When reporting sales, Tesla lumps all of its premium models together in the "other models" category, and in the last quarter of 2025, it sold only 11,642 of these, a 51 percent year-over-year decrease.
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