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Tesla CEO Elon Musk said on Wednesday that the automaker is ending production of its Model S and X vehicles, and will use the factory in Fremont, California, to build Optimus humanoid robots. cnb.cx/4rp70Xq

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Robots won’t be ready for market and the California factory will be closed. He used California tax credits to start his companies and then abandoned it

What is truly mad is that Tesla's revenue fell, profit fell *a lot*, and it said it needed to spend $20 billion on unproven technology. And the share price rose! Musk's most effective transportation is the hype train, and too many investors have bought lifetime tickets.

Sure. Stop building an actual product that is useful and functional. Focus your entire business on a product with zero proven usefulness, zero units in use, and no proven functionality. I feel sorry for Tesla owners who will be left out to dry. No service, no parts, nothing.