CEO Elon Musk says the company will close down production of two older car models, S and X, and convert the Fremont factory to produce its Optimus robots instead.

Everything is a subscription now, even humanoid robots. Hyundai plans to set up a manufacturing system to build thousands of robots by 2028, leaning on its majority stake in Boston Dynamics to compete in the global rush to mass-produce AI-powered robots.

With short supply lines and cutthroat competition, Chinese EV brands are making huge advances in related fields such as automation and robotics.

Tesla’s preparing to wind down production of the Model X this spring as it shifts its focus toward building humanoid robots.