Elon Musk envisions Tesla's future beyond cars, shifting focus to humanoid robots. The company plans to convert Model S and X production lines into Optimus robot factories, aiming for a million units annually.

Musk said on Wednesday that the company is looking to discontinue the production of the company’s more premium Model X and Model S cars in the coming quarter. ・The company’s Fremont factory will now be transitioned into Optimus lines,

Tesla Model S and X face production end in 2026, but rarity, performance, and historical significance could boost collector value over time.

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's Cybercab prototype with a rear charging port sighting fuels debate over robotaxi charging strategies and what it means for deployment and urban EV infrastructure.

Still, Tesla investors have kept the faith in Musk. The stock is up 9% in the past year. Musk has been urging investors to focus less on car sales and more on what he considers a bright new artificial intelligence future of robotaxis ferrying millions in cars without drivers,

Rocket company examining feasibility of both options before potential $1.5tn stock market flotation, report says