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Tesla ends Model S and X custom orders, shifting focus to AI-driven Cybercab and Optimus robot.

Market News
03 Apr 2026
TechCrunch
View Source
Bearish
pluang ai news

Tesla CEO Elon Musk confirmed the end of custom orders for the Model S and Model X, with only a few hundred vehicles left in inventory. These models have seen declining sales as Tesla's more affordable Model 3 and Model Y dominated the market. Instead of replacing them with traditional EVs, Tesla is pivoting to AI-focused products like the Cybercab, an autonomous two-seater vehicle, and the Optimus robot, both set for production soon. The Cybercab faces regulatory challenges due to its lack of traditional controls, but Tesla aims to lead in autonomous vehicle technology despite recent sales declines.

More News (TSLA)

Google makes largest solar and battery storage deal to power 6% of Arkansas peak demand

Google makes largest solar and battery storage deal to power 6% of Arkansas peak demand

Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...

Market News
Bullish
6 hours ago
Deutsche Bank keeps Buy on Tesla with $465 target, citing growth in autonomy and AI despite near-term earnings dip.

Deutsche Bank keeps Buy on Tesla with $465 target, citing growth in autonomy and AI despite near-term earnings dip.

Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...

Analyst Insights
Bullish
7 hours ago
Hybrid robots market to hit $10B by 2030 driven by AI, smart manufacturing, and North America leadership

Hybrid robots market to hit $10B by 2030 driven by AI, smart manufacturing, and North America leadership

The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...

Market News
Bullish
9 hours ago
Tesla Q2 2026 sales hit records but faces cash flow issues amid falling prices and heavy incentives

Tesla Q2 2026 sales hit records but faces cash flow issues amid falling prices and heavy incentives

Tesla reported record vehicle deliveries in Q2 2026, but demand quality is weakening due to heavy discounts and lower average selling prices. Despite strong revenue growth, Tesla is expected to have negative free cash flow in 2026–2027 as capital spe...

Company Fundamentals
Bearish
10 hours ago
TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...

Others
Bullish
12 hours ago
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