Tesla is discontinuing the Model S sedan and Model X crossover — luxury vehicles that put the company on the map but which have become long in the tooth by automotive standards. Why it matters: Tesla ...
Lucid Group, Inc. (NASDAQ: LCID) is shifting from ultra-luxury to the mass market, setting its sights on the Tesla, Inc. (NASDAQ: TSLA) Model Y with a new midsize crossover priced under $50,000.
The Model Y was Tesla’s best-seller in Europe, but it wasn’t enough to fend off Volkswagen on the constructors’ list.
Tesla plans to stop Model S and Model X production in Q2 2026, ending two EV icons and narrowing its lineup to Model 3, Model Y, and Cybertruck as it shifts focus toward AI, autonomy, and Optimus.