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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Robust Cyprus Construction Activity Bolsters Vassilico Cement’s 2025 Performance

by THEFUTURE.TEAM

April 24, 2026

Vassilico Cement Works Public Company Ltd reported a net profit of €35.52 million for 2025, supported by strong construction activity in Cyprus. Company profit reached €34.99 million, reflecting higher revenues and improved operating performance.

Domestic Market Growth Driven By Cyprus Construction

Group revenue rose to €152.75 million, while company revenue reached €152.66 million, up 11% year on year. Growth was driven by increased sales volumes in the domestic market, where construction activity remained strong throughout the year.

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Enhanced Production Efficiency And Cost Management

Gross profit increased to €50.30 million at group level and €50.21 million at company level, compared with €42.49 million in 2024. The improvement reflects gains in production efficiency and cost control, supported by higher use of alternative fuels and improved electricity efficiency. These measures reduced unit costs while supporting environmental targets.

Executive Insights And Macroeconomic Outlook

Executive Chairman Antonis Antoniou said strong domestic demand supported production volumes, with the company maintaining focus on the local market and managing exports selectively. He added that favorable economic conditions in Cyprus contributed to performance, despite regulatory pressures in Europe and broader geopolitical uncertainty.

Navigating Energy And Regulatory Challenges

Future performance will be influenced by energy market volatility and European climate policy, including carbon pricing and the Carbon Border Adjustment Mechanism. Rising fuel and electricity costs continue to affect energy-intensive industries.

The company is expanding its renewable energy capacity, with a photovoltaic park reaching 16MW and plans for an additional 8MW, subject to grid connection. The investments aim to improve cost stability and energy efficiency.

Shareholder Returns And Strategic Investments

The board approved an interim dividend of €0.15 per share, totaling €10.79 million, on September 25, 2025. A final dividend of €16.55 million, or €0.23 per share, will be proposed. Combined, total dividends amount to €27.34 million, or €0.38 per share.

Management said the company will continue focusing on efficiency, cost control and sustainability as it navigates energy market pressures and regulatory requirements.

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