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Tesla Kills Model S and X as Panama Voids China’s $1.2B Canal Deal

/ 03:57/E799
Tesla is officially pivoting away from its identity as a traditional automaker, discontinuing the flagship Model S and Model X to focus on autonomous 'transportation as a service' and robotics. CEO Elon Musk signaled this shift during a recent earnings call, predicting that manual driving will soon account for less than five percent of all miles traveled. Simultaneously, the Panama Supreme Court has struck down a major port concession held by a Hong Kong-based firm, a move heavily supported by the United States to curb Chinese influence over the Panama Canal. This ruling follows a government audit that alleged $1.2 billion in lost revenue due to irregularities. These developments, along with new reports of financial links between Jeffrey Epstein and Peter Mandelson's husband, mark a significant day in global trade and corporate shifts. While Panama prepares to transition port operations to a Danish subsidiary, Tesla prepares for a future where humans no longer hold the steering wheel.

Tesla is fundamentally reshaping its business model by discontinuing the Model S and Model X, the very vehicles that defined the modern electric car era. CEO Elon Musk announced the pivot toward autonomous 'transportation as a service' and humanoid robotics, suggesting that traditional car sales are no longer the priority. Meanwhile, a geopolitical shockwave hit the Panama Canal as the Supreme Court ruled a long-standing port concession unconstitutional. This decision effectively ousts a Hong Kong-based operator and aligns with U.S. efforts to limit Chinese strategic influence in the Western Hemisphere. Panamanian President José Raúl Mulino has assured the world that shipping operations will remain stable during the transition to new management. These stories represent a dual shift: one in how we move, and another in who controls the world's most critical transit points.

Topics Covered

  • 🌍 Panama Canal Sovereignty: The Supreme Court voids a major port deal with a Hong Kong firm following a $1.2 billion audit.
  • ⚡ Tesla's Radical Pivot: Elon Musk kills off the Model S and Model X to prioritize AI and autonomous driving.
  • 🏛️ U.S.-China Rivalry: Secretary of State Marco Rubio praises Panama’s decision as a win for regional national security.
  • 📊 Economic Shift: Tesla's automotive revenue drops while the company bets its entire future on humanoid robots.
  • 💼 Epstein Connections: New email evidence emerges regarding financial transfers involving Peter Mandelson's husband.

Neural Newscast is AI-assisted, human reviewed. View our AI Transparency Policy at NeuralNewscast.com.

  • (00:00) - Introduction
  • (00:10) - Panama Ports and Geopolitical Tensions
  • (00:31) - Tesla's End of an Era
  • (03:34) - Conclusion
Tesla Kills Model S and X as Panama Voids China’s $1.2B Canal Deal

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