Tesla continues to produce the Model S and Model X more for “sentimental reasons than anything else,” CEO Elon Musk said Wednesday during a call with investors, calling the electric vehicles “niche” products.

“They are really of minor importance to future,” Musk added.

Sales of Tesla Model 3 vehicles far outpace its the company’s older Model S and Model X vehicles. Tesla delivered 17,483 Model S and Model X vehicles in the third quarter, compared to 79,703 Model 3 cars. And...

Continue Reading Elon Musk: Model S, Model X production continues for ‘sentimental reasons’