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Tesla Loses Electric Vehicle Crown To BYD From China

As Tesla loses global market share, Musk has been trying to diversify Tesla away from its EV roots and rebrand it as more of an AI, robotics and robotaxi company On Tesla’s earnings call last month, Musk announced he would end production of the Model S and Model X and use the freed-up factory space to produce Optimus humanoid robots. He said he hopes to produce 1 million robots a year at the production plant in Fremont. “It’s time to basically b…
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Drive Safe and Fast broke the news in on Tuesday, February 17, 2026.
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