News
SpaceX Falcon Heavy payload arrives in Florida for the first time in years
For the first time in almost three years, a spacecraft meant to launch on SpaceX’s Falcon Heavy rocket has arrived in Cape Canaveral, Florida and begun to prepare for flight.
Known as Psyche, the scientific mission is designed to venture hundreds of millions of miles from Earth to explore a namesake asteroid that’s believed to be almost entirely metallic. Psyche will also mark NASA’s first operational use of Falcon Heavy, which offers performance far superior to other existing and soon-to-be-retired rockets and at a fraction of their cost.
However, even though Psyche is now the first payload (officially confirmed) to have arrived in Florida for a Falcon Heavy launch since May or June 2019, that doesn’t guarantee that it will be first to launch.
That uncertainty is the result of multiple chronically delayed US military payloads that were both supposed to launch on different Falcon Heavy rockets as early as late 2020. In June 2018, just four months after Falcon Heavy’s iconic launch debut, the US military purchased its first operational launch on the rocket. Known as AFSPC-52 and later renamed USSF-52 after the US government cobbled together a few loosely-related military groups and rebadged them as the “Space Force,” the mission was expected to launch as early as September 2020. In February 2019, the military announced that another Falcon Heavy rocket had been chosen to launch AFSPC-44 (USSF-44) as early as late 2020 or early 2021.
About a year ago, for unknown reasons, USSF-44 took USSF-52’s place as the US military’s first operational Falcon Heavy launch. Now, between three and four years after their initial launch targets, USSF-44 is scheduled to launch NET late June 2022 (a delay of ~18 months) and USSF-52 is set to follow as soon as October 2022 (a delay of ~25 months).
On April 29th, NASA’s Launch Service Program (LSP) revealed that the ~2600-kilogram (~5700 lb) Psyche spacecraft had completed the journey from the Jet Propulsion Laboratory’s (JPL) Pasadena, California assembly facilities to Kennedy Space Center, Florida. After several years of work spent designing, manufacturing, and assembling Psyche, the spacecraft ultimately arrived at on time, leaving it on track to launch on Falcon Heavy as early as August 1st, 2022.
At the moment, that makes Psyche’s launch far more likely to happen before USSF-44, which has repeatedly gotten within a few months of a purported launch target before the US military acknowledged additional delays. Like USSF-44, Psyche’s Falcon Heavy rocket – three boosters, an upper stage, and a fairing – will be entirely new. Due to the high performance required for each mission and the fact that both will be the first operational use of the rocket for NASA and the USSF, each brand-new Falcon Heavy center core will be intentionally expended.
If it launches more or less on time, USSF-44 will be SpaceX and Falcon Heavy’s first direct launch to geostationary orbit (GEO), requiring the rocket’s upper stage to survive a roughly six-hour-long coast and perform a lengthy orbit circularization burn around ~42,500 kilometers (~26,400 mi) above Earth’s surface. With a payload that weighs around four tons (~8800 lb), it’s little surprise that Falcon Heavy’s center core will be expended. Psyche, on the other hand, is headed into deep space on a trajectory that NASA’s own ELVPerf calculator – supplied with official performance data from SpaceX – says Falcon Heavy can launch more than four tons (~8800 lb) to while still recovering all three boosters. It’s unclear why NASA would need a 50-70% safety margin.
Regardless, the second half of 2022 could be quite the spectacle of Falcon Heavy launches after a more than three-year hiatus. On top of USSF-44, Psyche, and USSF-52, Falcon Heavy is tentatively scheduled to launch a ViaSat-3 communications satellite directly to GEO in Q3 2022 and, even more tentatively, the Space Force’s USSF-67 mission in November 2022.
Elon Musk
Tesla analysts believe Musk and Trump feud will pass
Tesla CEO Elon Musk and U.S. President Donald Trump’s feud shall pass, several bulls say.
Tesla analysts are breaking down the current feud between CEO Elon Musk and U.S. President Donald Trump, as the two continue to disagree on the “Big Beautiful Bill” and its impact on the country’s national debt.
Musk, who headed the Department of Government Efficiency (DOGE) under the Trump Administration, left his post in May. Soon thereafter, he and President Trump entered a very public and verbal disagreement, where things turned sour. They reconciled to an extent, and things seemed to be in the past.
However, the second disagreement between the two started on Monday, as Musk continued to push back on the “Big Beautiful Bill” that the Trump administration is attempting to sign into law. It would, by Musk’s estimation, increase spending and reverse the work DOGE did to trim the deficit.
Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!
And they will lose their primary next year if it is the last thing I do on this Earth.
— Elon Musk (@elonmusk) June 30, 2025
President Trump has hinted that DOGE could be “the monster” that “eats Elon,” threatening to end the subsidies that SpaceX and Tesla receive. Musk has not been opposed to ending government subsidies for companies, including his own, as long as they are all abolished.
How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies
Despite this contentious back-and-forth between the two, analysts are sharing their opinions now, and a few of the more bullish Tesla observers are convinced that this feud will pass, Trump and Musk will resolve their differences as they have before, and things will return to normal.
ARK Invest’s Cathie Wood said this morning that the feud between Musk and Trump is another example of “this too shall pass:”
BREAKING: CATHIE WOOD SAYS — ELON AND TRUMP FEUD “WILL PASS” 👀 $TSLA
She remains bullish ! pic.twitter.com/w5rW2gfCkx
— TheSonOfWalkley (@TheSonOfWalkley) July 1, 2025
Additionally, Wedbush’s Dan Ives, in a note to investors this morning, said that the situation “will settle:”
“We believe this situation will settle and at the end of the day Musk needs Trump and Trump needs Musk given the AI Arms Race going on between the US and China. The jabs between Musk and Trump will continue as the Budget rolls through Congress but Tesla investors want Musk to focus on driving Tesla and stop this political angle…which has turned into a life of its own in a roller coaster ride since the November elections.”
Tesla shares are down about 5 percent at 3:10 p.m. on the East Coast.
Elon Musk
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla CEO Elon Musk is reportedly overseeing sales in North America and Europe, Bloomberg reports.
Tesla scrambled its executives around following the exit of CEO Elon Musk’s sidekick last week, Omead Afshar. Afshar was relieved of his duties as Head of Sales for both North America and Europe.
Bloomberg is reporting that Musk is now overseeing both regions for sales, according to sources familiar with the matter. Afshar left the company last week, likely due to slow sales in both markets, ending a seven-year term with the electric automaker.
Tesla’s Omead Afshar, known as Elon Musk’s right-hand man, leaves company: reports
Afshar was promoted to the role late last year as Musk was becoming more involved in the road to the White House with President Donald Trump.
Afshar, whose LinkedIn account stated he was working within the “Office of the CEO,” was known as Musk’s right-hand man for years.
Additionally, Tom Zhu, currently the Senior Vice President of Automotive at Tesla, will oversee sales in Asia, according to the report.
It is a scramble by Tesla to get the company’s proven executives over the pain points the automaker has found halfway through the year. Sales are looking to be close to the 1.8 million vehicles the company delivered in both of the past two years.
Tesla is pivoting to pay more attention to the struggling automotive sales that it has felt over the past six months. Although it is still performing well and is the best-selling EV maker by a long way, it is struggling to find growth despite redesigning its vehicles and launching new tech and improvements within them.
The company is also looking to focus more on its deployment of autonomous tech, especially as it recently launched its Robotaxi platform in Austin just over a week ago.
However, while this is the long-term catalyst for Tesla, sales still need some work, and it appears the company’s strategy is to put its biggest guns on its biggest problems.
News
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles).
Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
Model 3 gets acceleration boost, extended range
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles), and a faster 0–100 km/h acceleration time of 3.8 seconds, down from 4.4 seconds. These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature.
Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post. No changes were made to the entry-level RWD or Performance versions, which retain their RMB 235,500 and RMB 339,500 price points, respectively. Wait times for those trims also remain at 1–3 weeks and 8–10 weeks.
Model Y range increases, pricing holds steady
The Model Y Long Range has also seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles), though its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h time of 4.3 seconds.
Tesla also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, though its delivery window is now shorter at 2–4 weeks.
Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
Tesla analysts believe Musk and Trump feud will pass
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
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