Tesla CEO Elon Musk said Wednesday that the company will discontinue production of its Model S sedan and Model X SUV, reducing the lineup to three vehicles.

Tesla plans to end production of its Model S sedan and Model X SUV, marking the close of the electric automaker’s longest-running vehicle programs as it pivots toward robotics and artificial intellige...

"It’s time to bring the Model S and X programs to an end with an honorable discharge," Musk said, adding that Tesla intends to "basically stop production" of the vehicles next quarter.

The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.

Tesla’s preparing to wind down production of the Model X this spring as it shifts its focus toward building humanoid robots, according to comments Elon Musk made during the company’s January 28 earnin...

Meanwhile, the company’s EV sales and profits, which it still depends upon for the cash to fund its ambitious autonomous and AI future, continue to decline.