Tesla ends Model S/X as investor boosts $217M stake

MSN
2026.05.20 23:41
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Tesla has ceased production of its Model S and X to focus on manufacturing the Optimus humanoid robot. Major investor Paul Tudor Jones increased his stake in Tesla from 60,000 to 585,000 shares, indicating confidence in the company's AI and autonomy strategy. Analysts are divided, with some targeting a price of $600 while others caution that Tesla's high P/E ratio leaves little margin for error.