The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.

Future of the company lies in equipping and running a global fleet of driverless taxis and in selling humanoid robots

By Chris Kirkham and Akash Sriram LOS ANGELES, Jan 28 (Reuters) - Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.

The electric car brand’s premium models are set to be retired to make way for the production of its humanoid robots.

Tesla’s vehicle production fell 7 per cent year on year in 2025, as Elon Musk signals company will pivot to humanoid robots.

Elon Musk announces the end of Model S and X production to convert the Fremont factory for Optimus robots. Tesla aims for mass robot production by late 2026.

Tesla will discontinue production of the Model S and Model X at the end of the second quarter of 2026. The section of the Fremont, California plant where the

On Thursday, Elon Musk gave wide-ranging remarks that included new timelines for Tesla Inc. (NASDAQ:TSLA) humanoid robot and Full Self-Driving software. Musk Teases Optimus Sales Timeline At Davos Making a surprise debut at the World Economic Forum in Davos,