Tesla ends production of Model S and Model X vehicles
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Tesla's premium models will soon be a thing of the past.
Then Tesla came out with the Tesla Model S. The speedy, high-tech sedan didn’t just leave other EVs in the dust; it could compete with the likes of BMW and Mercedes-Benz. “EVs went from ‘eating your vegetables’ to getting you super-car performance in a vehicle that’s luxurious and quiet,
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.