News
Astra ‘Rocket 3’ nosecone dooms first Florida launch attempt
On Thursday, February 10th, Astra Space’s Rocket 3.3 launch vehicle took off from Cape Canaveral Space Force Station (CCSFS) Launch Complex 46 (LC-46).
Unfortunately, while liftoff and booster ascent appeared to be more or less perfect, Rocket 3’s payload fairing failed to separate, triggering a series of events that caused its upper stage to enter an uncontrolled and unrecoverable spin after burning for just a few seconds. Astra was unable to salvage the spinning rocket, resulting in a mission failure well short of orbit.
“Unfortunately we heard that an issue has been experienced during flight that prevented the delivery of our customer payloads to orbit today. We are deeply sorry to our customers NASA, University of Alabama, the University of Mexico and the University of California Berkeley,” said Astra Space Director of Product Management Carolina Grossman. “More information will be provided as we complete the data review.”
Today’s launch comes after two previous aborted launch attempts. The first attempt on February 5th was delayed due to a CCSFS radar system malfunction. The second launch delay came on February 7th, after the rocket aborted briefly after ignition because of a minor telemetry issue.
The Mission
NASA’s first mission under the agency’s Venture Class Launch Services (VCLS) Demonstration 2 contract hoped to launch four CubeSats to space as early as February 5th, 2022. The satellites, which made up the agency’s 41st Educational Launch of Nano-satellites (ELaNa) mission, were the first VCLS payloads launched – albeit unsuccessfully – from Cape Canaveral’s LC-46 pad, which last supported NASA’s Orion spacecraft Ascent Abort 2 (AA-2) test flight in July 2019.
The satellites onboard the flight were developed by three universities and one NASA center:
- BAMA 1 (University of Alabama, Tusscolusa)
- INCA (New Mexico State University, Las Cruces)
- QubeSat (University of California, Berkeley)
- R5-S1 (NASA’s Johnson Space Center, Houston)
The ELaNa 41 mission CubeSats were selected through NASA’s CubeSat Launch Initiative (CSLI) and were assigned to the mission by NASA’s Launch Services Program based at Kennedy. CSLI provides launch opportunities for small satellite payloads built by universities, high schools, NASA Centers, and non-profit organizations.
About Astra
Founded in 2016, Astra Space is an American launch vehicle company based in Alameda, California. Astra’s official vision “is to Improve Life on Earth from Space by creating a healthier and more connected planet.” The company hopes to secure a large portion of the small satellite launch market, stating that it “offers the lowest cost-per-launch dedicated orbital launch service of any operational launch provider in the world.”
As of November 2021, Astra charges around $2.5-3.5M for a dedicated Rocket 3 launch, which can deliver up to 150 kg (330 lb) to low Earth orbit (LEO). In comparison, for a dedicated Electron launch, Rocket Lab charges about $7.5M for 300 kg (660 lb) to LEO. For customers willing to accept a one-size-fits-all rideshare solution, SpaceX charges $1M for 200 kg (440 lb) to LEO or higher sun-synchronous orbits (SSOs).
While the aerospace company is based out of California, its frequent orbital and suborbital test flights have all been conducted at the Pacific Spaceport Complex in Kodiak, Alaska. Prior test flights used Rocket 1, Rocket 2, and Rocket 3 prototypes as Astra refined its design and embraced a hardware-rich development style that didn’t shy away from failure.
Rocket 3.3 reached orbit for the first time – carrying an instrumented boilerplate payload for the United States Space Force – on November 21st, 2021. Less than two months later, Rocket 3.3 (serial number LV08) attempted to carry several NASA-sponsored cubesats into orbit on February 10th, 2022 – also the rocket’s first East Coast launch. Like Rocket 3.3’s predecessors, the two-stage vehicle was fueled with liquid oxygen (LOx) and refined kerosene (RP-1). Powered by five Delphin engines, the first stage produces up to ~145 kilonewtons (32,500 lbf) of thrust at liftoff. The second stage is powered by one pressure-fed Aether engine that delivers about 3.3 kN (740 lbf) of thrust in the vacuum of space.
The unsuccessful launch attempt occurred just three months after Astra applied for their Federal Aviation Administration (FAA) launch license and less than one day after receiving that license.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
Tesla Cybercab gets a for sale date at last
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
