Tesla pivots from electric vehicles to autonomous technology as Elon Musk announces the discontinuation of Model S and Model X to focus on mass-producing Optimus robots.

Tesla will discontinue the Model S and Model X in the second quarter of 2026, Elon Musk said in an earnings call with investors today. Musk said the reasons for cancelling the vehicle programs was to make room at Tesla’s Fremont factory for production of its Optimus humanoid robot.

Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales. The EV company run by Elon Musk reported Wednesday that net income last year dropped 46% to $3.

NEW YORK -- As the new robot called Sprout walks around a Manhattan office, nodding its rectangular head, lifting its windshield wiper-like “eyebrows” and offering to shake your hand with its grippers, it looks nothing like the sleek and intimidating humanoids built by companies like Tesla.

Chinese humanoid robot companies are expanding globally, piling pressure on Elon Musk’s Optimus before it reaches mass production.

Elon Musk said at the World Economic Forum in Davos that Tesla plans to offer its Optimus humanoid robots for public sale by the end of 2027, setting a target for the program. Speaking with BlackRock CEO Larry Fink on Thursday,

The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.

Robots are becoming smarter and more common, but their ability to handle objects with human-like precision remains limited. At Kennesaw State University, new research is enabling robots to better understand movement,

Surgeons can safely perform two common operations from distances of up to 1,700 miles, a new study has found. This remarkable capability is akin to a medic based in southern Europe operating on a patient in the UK.

Scientists create smallest programmable robots ever - smaller than salt grains, these breakthrough microscopic machines could revolutionize medicine and healthcare.