Tesla Model S, Fremont
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In the Q4 earnings call for Tesla, Elon Musk said the Fremont factory would stop production of Model S and X vehicles, and instead, it will pivot to producing Optimus robots.
Tesla's ending Model S and X production at its Fremont plant to build a million Optimus robots annually amid plunging profits and sales.
Tesla, meanwhile, will no longer build its Model X and S vehicles.
Elon Musk said Tesla Inc. needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors, a massive undertaking that will cost billions of dollars and mark another expansion beyond what had been the company’s core electric vehicle business.
After years of relative quiet, Tesla's factory in Buffalo, New York, has been repurposed back to its original purpose: to make solar panels. The 1.2
Prior to being appointed Director of Vehicle Operations and Engineering at Fremont in 2023, Bate was Director of Manufacturing for both Tesla’s Model 3 and Model Y vehicles. ・Electrek noted that the departure is the latest of a streak of exits at the EV giant.
Tesla is expanding near its Fremont factory, signing one of Silicon Valley’s largest recent research-and-development leases.
Tesla (TSLA) stock is lower today, brushing off a fourth-quarter beat amid a move to robotics and AI and annual revenue drop