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A flight-proven SpaceX launch and landing, in pictures
After a series of frustrating but predictable delays, SpaceX has returned its newly-refurbished Launch Complex 40 to active duty with the successful launch of a reused Falcon 9 booster, itself carrying a refurbished Cargo Dragon spacecraft now headed to the International Space Station for its second time.
Clear, sapphire skies greeted Falcon 9 and Dragon earlier this morning as they were at last prepped for launch, this time a very brief window of opportunity on Friday morning. Impressively, despite the fact that LC-40 is essentially a new launch pad, its first launch attempt went off without a hitch – even the slightest delay would have scrubbed the launch of CRS-13 to late December. SpaceX has thus continued to demonstrate its ability to move incredibly quickly while still accomplishing the tasks at hand: the company effectively constructed and upgraded an entirely-new launch facility in less than ten months, a staggering achievement by any comparison.
For this launch, Teslarati’s photographer Tom Cross was on hand to document it, and he weathered the numerous delays and cancellations of launch opportunities and photo ops over the last week. Arguably, his patience paid off and we have some exceptional photos of CRS-13, SpaceX’s 17th successful launch of 2017 and 20th successful landing of a Falcon 9 overall. While we await the status of Tom’s remotely placed cameras, tragically destroyed by Falcon 9’s intense exhaust, Tom was still present on top of the massive Vehicle Assembly Building and was able to take a number of amazing photos of the launch.
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- A reused Falcon 9 clears the lightning towers of Florida’s Launch Complex-40 (LC-40). (Tom Cross)
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- Falcon 9 nears main engine cutoff (MECO) and stage separation. (Tom Cross)
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- Falcon 9 races to orbit. (Tom Cross)
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- As Falcon 9 rises out of Earth’s atmosphere, its exhaust expands. (Tom Cross)
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- As the rocket gains speed, it tips over to reach orbital velocity. (Tom Cross)
After Falcon 9’s second stage separated and continued on towards orbit with Dragon, booster 1035 immediately flipped around and headed back towards Cape Canaveral and Landing Zone-1 for its second-ever recovery. Stationed on top of the VAB, Tom captured this event all the way from boostback burn to landing.
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- Booster 1035 completes its first boostback burn on the fringes of Earth’s atmosphere. (Tom Cross)
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- After the first burn completes, Falcon 9 barrels through hypersonic and transonic regimes of flight. (Tom Cross)
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- The final burn begins. (Tom Cross)
With the first boostback burn complete, Falcon 9 is placed on a landing trajectory. Finally, 1035 begins its last landing burn, the booster’s legs deploy, and as SpaceX would say, “Falcon 9 has landed.”
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- Legs deploy…
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- Falcon 9 approaches the pad…
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- Almost there!
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- And finally, Falcon 9’s Merlin 1D landing engine shuts off, completing the landing. (Tom Cross)
All things considered, this mission was an amazing success for SpaceX: not only does it symbolize NASA’s acceptance of SpaceX’s reuse procedures, but the launch is arguably the first time that a reused spacecraft has launched aboard the reused first stage of a rocket, a truly historic accomplishment for SpaceX along the path towards fully reusable access to orbit.
Up next on the busy rocket company’s docket is the fourth launch of Iridium satellites, currently scheduled to lift off just a week from today, December 22. Rather mind-bogglingly, Iridium-4 will also fly aboard a reused Falcon 9, this time the booster that launched the Iridium-2 mission in June 2017. In the meantime, SpaceX has announced the opening of media accreditation for Falcon Heavy’s January 2018 inaugural launch, which Tom Cross will no doubt be attending and photographing.
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- RIP Tom’s cameras 🙁 (Tom Cross)
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- Tom Cross at the Cape! (Brady Kenningston)
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- A panorama of SpaceX’s newly-reactivated Launch Complex 40. Falcon 9 and Dragon can be seen in the center. (Tom Cross/Teslarati)
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- A December 2017 panorama of SpaceX’s LC-40 facilities, CRS-13’s Cargo Dragon and Falcon 9. (Tom Cross/Teslarati)
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- Falcon 9 readying for launch at LC-40. (Tom Cross)
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- Sooty Falcon 9 1035 before its second flight with an also-reused Dragon payload, CRS-13. (Tom Cross/Teslarati)
Update: 10/22 10:51a – Para 1 consumers changed to “customers” for accuracy.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by customers, 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
