https://auntresodamid.com/iJugHxINePLH1VY/96561
Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots

Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots

Sharing is caring!


A Model X is on display at a Tesla showroom on February 13, 2021 in Beijing, China.

VCG | Visual China Group | Getty Images

Tesla CEO Elon Musk said on Wednesday that the automaker is ending production of its Model S and X vehicles, and will use the factory in Fremont, California, to build Optimus humanoid robots.

“It’s time to basically bring the Model S and X programs to an end with an honorable discharge,” Musk said on the company’s fourth-quarter earnings call. “If you’re interested in buying a Model S and X, now would be the time to order it.”

The two models are Tesla’s oldest vehicles, and in recent years the company has slashed prices as global competition for electric vehicles has soared.

Tesla’s far more popular models are the 3 and Y, which accounted for 97% of the company’s 1.59 million deliveries last year.

In its earnings announcement on Wednesday, Tesla reported its first annual revenue decline on record, with sales falling in three of the past four quarters. Musk has been trying to turn attention away from traditional EVs and toward a future of driverless cars and humanoid robots, areas where the company currently has virtually no business.

Tesla is developing Optimus with the aim of someday selling it as a bipedal, intelligent robot capable of everything from factory work to babysitting.

Tesla said in the release that it plans to unveil the third generation of Optimus this quarter, its “first design meant for mass production.”

Musk said on the call that it’s replacing its production line for S and X in Fremont “with a 1 million unit per year line of Optimus.”

“Because it is a completely new supply chain,” Musk said, “there’s really nothing from the existing supply chain that exists in Optimus.”

This is breaking news. Please refresh for updates.



Source link

Oval@3x 2

Don’t miss latest news!

Select list(s):

We don’t spam! Read our [link]privacy policy[/link] for more info.

🕶 Relax!

Put your feet up and let us do the hard work for you. Sign up to receive our latest news directly in your inbox.

Select Your Choice:

We’ll never send you spam or share your email address.
Find out more in our Privacy Policy.

🕶 Relax!

Put your feet up and let us do the hard work for you. Sign up to receive our latest news directly in your inbox.

Select Your Choice:

We’ll never send you spam or share your email address.
Find out more in our Privacy Policy.

Sharing is caring!

Read More :-  Apple, Google host dozens of AI ‘nudify’ apps like Grok, report finds

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top