He announced the end of production of two models – the Model S and Model X, among the company’s most expensive models, on a Wednesday earnings call. But Tesla’s robotaxi service is still not in wide operation, using Tesla employees as “safety monitors” in the cars while other companies offer true driverless rides in far more cities. In fact, Tesla in 2025 lost its title of world’s largest electric vehicle maker to Chinese automaker BYD. The end of the Model S and Model X will have a limited impact on Tesla’s sales. In its earnings report, the company disclosed for the first time that Tesla reached a deal to invest $2 billion in xAI.