Tesla Ends Model S And Model X Custom Orders After Sales Drop To 50,850

Tesla stopped accepting custom orders for the Model S and Model X, leaving only remaining inventory available for purchase, CEO Elon Musk said. The decision follows declining sales of the two models, which are now grouped under “other models” alongside the Cybertruck.

A Look Back

Tesla introduced the Model S in 2012, followed by the Model X in 2015, positioning both as premium electric vehicles. The models contributed to the early adoption of EVs and helped establish Tesla’s presence in the market. Combined sales peaked at 101,312 units in 2017 and declined to 50,850 units in 2025. By comparison, Tesla delivered 1.63 million vehicles globally last year, driven primarily by Model 3 and Model Y.

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Market Shift Toward High-Volume Models

Demand has shifted toward lower-cost, higher-volume vehicles, with Model 3 and Model Y accounting for the majority of Tesla’s deliveries. These models continue to support the company’s global sales volumes. Recent data show slowing growth, with Tesla reporting a second consecutive annual decline in deliveries. Pricing adjustments and new variants have not fully offset increased competition.

Cybercab Risks

Tesla is increasing its focus on autonomous vehicles and artificial intelligence, including the development of the Cybercab and the Optimus robot. Production of Model S and Model X at the Fremont facility is expected to wind down. The Cybercab is designed without traditional controls such as a steering wheel or pedals, creating regulatory challenges under current U.S. safety standards. No exemption from these requirements has been publicly confirmed.

Reliance on Tesla’s Full Self-Driving software presents additional risks, as large-scale deployment remains unproven. Competitors such as Zoox, owned by Amazon, have secured regulatory exemptions for driverless vehicle testing.

Strategic Shift Toward AI

Elon Musk, CEO of Tesla, said autonomous driving will account for the majority of future miles traveled. The company is increasing investment in AI as part of its long-term strategy. Execution will depend on regulatory approval, software performance and adoption of autonomous systems.

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Eurobank Wins Two Euromoney Awards Following Cyprus Merger

by THEFUTURE.TEAM

July 17, 2026

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

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Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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