Elon Musk's Tesla halts production of Model X, Y
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The company will stop making the pioneering EVs in the second quarter of 2026, CEO Elon Musk announced Wednesday.
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
Tesla will discontinue the Model S and Model X in the second quarter of 2026, Elon Musk said in an earnings call with investors today. No advance word was given about the cancellations, making it an abrupt ending for Tesla’s two original flagship EVs.
During the company’s Q4 earnings report, Tesla announced that it beat expectations, bringing in $24.9 billion versus the $24.7 billion Wall Street expected. That seems like good news, though the company reported a decline in revenue of three percent,