Elon Musk isn’t sure what to call Tesla Cybercab anymore
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Tesla's unconventional Cybertruck electric pickup truck may soon be heading for an autonomous, commercial future, the company's CEO Elon Musk said
Tesla Inc. (NASDAQ:TSLA) will stop producing the Model S, as well as the Model X, CEO Elon Musk confirmed during the company's fourth-quarter earnings call. Tesla Ends Model S, Model X Production During Tesla's Q4 earnings call on Wednesday,
Tesla is giving the Model S and Model X the ax. Recent sales figures help explain why.
Despite Elon Musk's love of the Cybertruck, a futuristic-looking electric pickup truck, it hasn't sold very well. When asked by investors about making a more conventional pickup, he called it a leader in its segment and offered a plan to sell it as an autonomous vehicle.
As it reported another quarter and year of disappointing financial results, the automaker and CEO Elon Musk talked up plans that could have impacts in Texas.
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Tesla CEO Elon Musk overpromised sales of 250,000 Cybertrucks annually by 2025. The company has reached barely 8% of that target. The Tesla Cybertruck is the new Ford Edsel, taking the crown from one of the biggest flops in American car history.
Instead, the company focused on its best-selling SUV and sedan, the Model Y, and Model 3, while sales of the Model S and X dwindled. When reporting sales, Tesla lumps all of its premium models together in the "other models" category, and in the last quarter of 2025, it sold only 11,642 of these, a 51 percent year-over-year decrease.