Tesla is killing 2 popular car models to make robots
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On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.
CEO Elon Musk says the company will close down production of two older car models, S and X, and convert the Fremont factory to produce its Optimus robots instead.
Everything is a subscription now, even humanoid robots. Hyundai plans to set up a manufacturing system to build thousands of robots by 2028, leaning on its majority stake in Boston Dynamics to compete in the global rush to mass-produce AI-powered robots.