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Tesla (TSLA) expects to wind down Model S and Model X production next quarter

Newsquawk Staff ·

Tesla (TSLA) expects to wind down Model S and Model X production next quarter.

What it means

Tesla's decision to wind down Model S and Model X production indicates a strategic pivot that may reduce its overall capacity and potentially shift focus toward more profitable or innovative models. This move could signal a response to changing demand trends or supply chain constraints, and might lead to increased investor scrutiny on the company's long-term growth trajectory. Watch for implications on margins and how this aligns with Tesla's future production plans, especially in terms of upcoming models.

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