Key Takeaways Elon Musk said Tesla would stop making the Model S sedan and Model X SUV later this year, freeing up factory space to make robots. Elon Musk wants investors to think of Tesla as more than a car company—and it looks like he means business. Why This Matters to Tesla Investors Elon Musk expects Tesla to ramp up production of its Optimus robots this year. To do that, he needs factory space—and that led him to decide to stop making two Tesla car models, including its well-known Model S sedan. "So if you’re interested in buying a Model S and X, now would be the time to order it."