Wall Street analysts called Tesla's pivot toward AI and robotics and away from automobiles the most important takeaway from its latest earnings report.

Multi-billionaire Elon Musk also announced plans to end production of its Model S and Model X vehicles.

Electric car company to invest $2bn in artificial intelligence start-up as part of pivot away from auto market.

Wall Street analysts called Tesla's pivot toward AI and robotics and away from automobiles the most important takeaway from its latest earnings report.

Morgan Stanley analysts highlight stocks of companies that sell specialized robotics parts.