Tesla ends production of Model S and Model X vehicles
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On an earnings call January 28, Tesla CEO Elon Musk told investors the automaker will “basically stop production of Model S and X next quarter.”
Tesla Motors is battling quality issues with its new high-end Model X SUV, raising questions about the auto maker's ability to ramp up and deliver on its next generation of electric cars like the more affordable Model 3.
Still, the discontinuation of Model S and X is a huge deal for the company and will likely cause a lot of grumpiness among fans. The Tesla Model S was the company's first family s