News

Congress warned of delays to SpaceX and Boeing manned missions

Published

9 years ago

February 17, 2017

The Government Accountability Office issued a report to Congress in which it warned legislators there is a strong likelihood neither SpaceX nor Boeing will be ready to fly astronauts to the International Space Station prior to 2019. Both had originally planned to begin crewed ISS missions in 2018. Because of the delay, the GAO is advising NASA to come up with backup plans for transporting astronauts to and from the ISS after 2018.

At present, the only transportation available is aboard a Russian Soyuz rocket, for which the fee is $80 million per person. NASA has already booked the seats it needs through the end of 2018 but the GAO report means it will need to start reserving seats for 2019 as well. It takes three years to complete the booking process, so there is no time to lose.

If SpaceX or Boeing can’t provide space transportation by then, NASA could be faced with a period of time when it has no way to get people up to the ISS or return them to earth. “Without a viable contingency option for ensuring uninterrupted access to the ISS in the event of further Commercial Crew delays, NASA risks not being able to maximize the return on its multibillion dollar investment in the space station,” the GAO report states. NASA says it is in agreement with the report’s findings and that it will have a contingency plan in place by March 13.

The problems for SpaceX center on changes to the Falcon 9 rocket that are underway. Known by the name of Block 5, the upgrades involve five major changes to the rockets. The Verge reports that the GAO is concerned those changes will not be completed and verified by NASA in time for the proposed first unmanned flight of the Dragon space capsule scheduled for later this year. In addition, SpaceX is working to allay fears about cracking in turbine blades that NASA claims constitute an “unacceptable risk” for crewed missions.

Boeing’s troubles are partly centered on the fact that its Atlas V rocket uses Russian made engines. Russia and the United States are not enjoying the warmest of relationships at the moment and NASA is having difficulty getting the information it needs to verify the engines are safe for crewed missions. Boeing is also behind in testing the parachute recovery system for is CST-100 Starliner space capsule.

In the report, the GAO sets forth the complex requirements involved in certifying that a spacecraft is safe for human travelers.

“Before a company’s crew transportation system can be certified by NASA, it must meet two sets of requirements. The ISS program levies a set of 332 requirements that must be met by all visiting spacecraft, whether they are carrying cargo or crew to the station. There are three major areas outlined in the ISS requirements document: 1) interface requirements for both the ISS and the spacecraft; 2) performance requirements for ground systems supporting the spacecraft; and 3) design requirements for spacecraft to ensure safe integration with the ISS.”

In September, 2014, NASA awarded two contracts for Commercial Crew Transportation development — $4.2 billion to Boeing and $2.6 billion to SpaceX. The need for the United States to be able to deliver and retrieve ISS crew members is urgent but urgency cannot be allowed to overrule safety. Perhaps SpaceX or Boeing will make progress faster than the GAO expects and everyone will be able to breath a sigh of relief. Until then, the pressure to complete testing and obtain all necessary certifications is, and will remain, intense. The ISS is expected to remain operational until 2024.

Elon Musk

Tesla CEO Elon Musk sends final warning to Bill Gates over short position

“If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon,” Musk said.

Published

10 hours ago

November 16, 2025

Joey Klender

Tesla CEO Elon Musk sent a final warning to former Microsoft CEO Bill Gates over his short position, which he confirmed he held to Musk directly several years ago.

Gates has been a skeptic of Tesla for some time, but he has also tried to work with Musk on philanthropic opportunities several years ago, which was coincidentally when he admitted to the company’s frontman that he held a short position.

Musk was, in turn, “super mean” to Gates, according to Walter Isaacson’s biography about the Tesla CEO. Gates had put $500 million against Tesla, shorting the stock and hoping to profit from its failure.

Elon Musk explains Bill Gates beef: He ‘placed a massive bet on Tesla dying’

A short position essentially means Gates is betting Tesla shares will go down, which would make him money. However, shares have gone up over six percent this year and increased nearly 150 percent over the past five years.

At the recent Annual Shareholder Meeting, Musk made many claims about Tesla’s future projects and how they could manage to disrupt various industries. He also recently had a massive $1 trillion compensation package approved, which will be awarded in twelve tranches, all of which combine a company valuation goal and an individual goal related to a product.

Musk was able to complete his last approved pay package, but it was not awarded due to a ruling by a Delaware Chancery Court. Nevertheless, his track record of proving growth for Tesla shareholders is excellent, and investors are obviously very encouraged by his capabilities as a CEO, considering 76.6 percent of shareholders voted to approve his new compensation.

After it was revealed that the Gates Foundation dumped 65 percent of its Microsoft position for nearly $9 billion, Musk had one final message for him: drop your Tesla short position soon, or else.

If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon
— Elon Musk (@elonmusk) November 16, 2025

Musk’s rivalry with Gates is mostly founded on the Tesla CEO’s discontent with the former Microsoft frontman’s short position. However, Musk might have a bit of a soft spot for Gates, considering he is giving him a warning of what is potentially to come. If he really wanted to do some damage to Gates, he would not give him any heads-up at all.

News

Tesla rolls out most aggressive Model Y lease deal in the US yet

With the promotion in place, customers would be able to take home a Model Y at a very low cost.

Published

1 day ago

November 15, 2025

Simon Alvarez

(Credit: Tesla)

Tesla has rolled out what could very well be its most aggressive promotion for Model Y leases in the United States yet. With the promotion in place, customers would be able to take home a Model Y at a very low cost.

Zero downpayment leases

The new Model Y lease promotion was initially reported on X, with industry watcher Sawyer Merritt stating that while the vehicles’ monthly payments are still similar to before, the cars can now be ordered with a $0 downpayment.

Tesla community members noted that this promotion would cut the full payment cost of Model Y leases by several thousand dollars, though prices were still a bit better when the $7,500 federal tax credit was still in effect. Despite this, a $0 downpayment would likely be appreciated by customers, as it lowers the entry point to the Tesla ecosystem by a notable margin.

NEWS: Tesla has just effectively lowered U.S. Model Y lease prices by $3,000 by eliminating the down payment. The starting monthly price stays the same at $479/mo, but now you can get that with $0 down (vs $3k before).

Plus, every new lease includes one free upgrade — your… pic.twitter.com/roT6dAZwRf— Sawyer Merritt (@SawyerMerritt) November 15, 2025

Premium freebies included

Apart from a $0 downpayment, customers of Model Y leases are also provided one free upgrade for their vehicles. These upgrades could be premium paint, such as Pearl White Multi-Coat, Deep Blue Metallic, Diamond Black, Quicksilver or Ultra Red, or 20″ Helix 2.0 Wheels. Customers could also opt for a White Interior or a Tow Hitch free of charge.

A look at Tesla’s Model Y order page shows that the promotion is available for all the Model Y Premium Rear-Wheel Drive and the Model Y Premium All-Wheel Drive. The Model Y Standard and the Model Y Performance are not eligible for the $0 downpayment or free premium upgrade promotion as of writing.

@teslarati
🚨 Tesla Full Self-Driving v14.1.7 is here and here’s some things it did extremely well! #tesla #teslafsd #fullselfdriving ♬ You Have It – Marscott

News

Tesla is looking to phase out China-made parts at US factories: report

Tesla has reportedly swapped out several China-made components already, aiming to complete the transition within the next two years.

Published

2 days ago

November 15, 2025

Simon Alvarez

(Source: Tesla)

Tesla has reportedly started directing its suppliers to eliminate China-made components from vehicles built in the United States. This would make Tesla’s US-produced vehicles even more American-made.

The update was initially reported by The Wall Street Journal.

Accelerating North American sourcing

As per the WSJ report, the shift reportedly came amidst escalating tariff uncertainties between Washington and Beijing. Citing people reportedly familiar with the matter, the publication claimed that Tesla has already swapped out several China-made components, aiming to complete the transition within the next two years. The publication also claimed that Tesla has been reducing its reliance on China-based suppliers since the pandemic disrupted supply chains.

The company has quietly increased North American sourcing over the past two years as tariff concerns have intensified. If accurate, Tesla would likely end up with vehicles that are even more locally sourced than they are today. It would remain to be seen, however, if a change in suppliers for its US-made vehicles would result in price adjustments for cars like the Model 3 and Model Y.

Industry-wide reassessments

Tesla is not alone in reevaluating its dependence on China. Auto executives across the automotive industry have been in rapid-response mode amid shifting trade policies, chip supply anxiety, and concerns over rare-earth materials. Fluctuating tariffs between the United States and China during President Donald Trump’s current term have made pricing strategies quite unpredictable as well, as noted in a Reuters report.

General Motors this week issued a similar directive to thousands of suppliers, instructing them to remove China-origin components from their supply chains. The same is true for Stellantis, which also announced earlier this year that it was implementing several strategies to avoid tariffs that were placed by the Trump administration.

@teslarati 🚨 Tesla Full Self-Driving v14.1.7 is here and here’s some things it did extremely well! #tesla #teslafsd #fullselfdriving ♬ You Have It – Marscott