Elon Musk kills Tesla Model S & X
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SpaceX is suddenly brushing up against the kind of valuation territory that used to belong almost exclusively to Big Tech and Tesla, forcing investors to ask whether Elon Musk is on the verge of building another $1 trillion giant. The company’s private ...
Tesla Inc. will spend over $20 billion on a dramatic reshuffling of factory lines reflecting Elon Musk’s repositioning of the carmaker coming off a multiyear sales slump.
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.