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Tesla (TSLA) Stock: Why Musk Is Ditching Cars for Robots and Robotaxis

By Trader Edge at 2026-07-04 10:38

Sentiment: Positive

TLDR Tesla CEO Elon Musk announced the company is ending production of Model S and Model X vehicles to focus on autonomous vehicles and humanoid robots The company revealed it has 1.1 million paying subscribers for Full Self-Driving software, growing 38% year-over-year Tesla currently operates around 500 robotaxis in Austin and San Francisco and plans [...] The post Tesla (TSLA) Stock: Why Musk Is Ditching Cars for Robots and Robotaxis appeared first on CoinCentral. Continue reading...

Categories: Analysis

Tags: #Analysis #News #Stocks

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