The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.“The Model S was a breakthrough and ushered in quite a number of technologies people hadn’t seen before,” said Sam Abuelsamid, an executive at Telemetry, a Detroit communications and research firm.

The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars.Falling car sales have taken a toll on Tesla’s net profit.

The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.A General Motors factory in Spring Hill, Tenn. G.M. said on Tuesday it planned to introduce a more advanced version of its Super Cruise driver assistance system in 2028.

U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.Canada could serve as an important test market for Chinese automakers, like Geely, which is producing vehicles at a plant in Hangzhou, China.

A storm is expected to bring hazardous driving conditions to much of the United States this weekend. Stay home if you can, but those who must travel should take it slow.Drivers navigating a snowy highway in Atlanta in January 2025.