Elon's hype level over Optimus practically off the charts. He has profit projections that have Optimus be effectively all of GDP in the future. Say what you want about Elon, but he does put his money where his mouth is and I believe he will try to manufacture robots. Also, the S and X models are old and their market segment is heavily saturated at this point so it makes sense for Tesla to exit those model lines.

Optimus is also a bit of a "squirrel!" for the market that he likes to talk about whenever sales figures at Tesla start flagging. Meme stocks only work as long as people still believe in infinite exponential growth.