Why Elon Musk is making a smart move by killing off Tesla’s Model S and Model X



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Tesla CEO Elon Musk used to refer to the company’s electric-vehicle lineup as a “

S3XY” suite of cars. But he’ll need a new moniker as Tesla does away with its Model S and Model X vehicles, which have become casualties of Musk’s artificial-intelligence goals.

The Model S sedan and Model X crossover SUV are being phased out of production next quarter, Musk announced on Tesla’s Wednesday earnings call. Tesla TSLA will still sell the Model Y SUV and Model 3 sedan, its best-selling vehicles, and the Cybertruck electric pickup.


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