News
NASA aces most challenging Mars rover landing to date
After a nearly 300 million mile (480 million kilometer), seven-month-long journey, the world watched as NASA’s Mars 2020 Perseverance mission successfully completed the most challenging and precise landing the agency has ever attempted on Thursday (Feb. 18). Perseverance is NASA’s fifth rover and overall ninth mission to successfully land on the Red Planet.
On Thursday afternoon, the alien invader punched through the relatively thin Martian atmosphere streaking across the sky at a blazing 12,100 mph (19,500 kph). Then it shed a few layers, deployed the largest-ever supersonic parachute, and slowed down just enough to use a rocket-propelled crane to drop an autonomous, nuclear-powered, robotic astrobiologist called Perseverance on the surface of Mars.
Flawlessly completing the entry, descent, and landing sequence of its mission to land in Mars’ hostile Jezero Crater, NASA’s Mars 2020 Perseverance mission officially marked the completion of its interplanetary travel phase and began its mission to collect evidence of ancient, microbial Martian life.
Getting to Mars
On July 30, 2020, NASA’s Mars 2020 Perseverance mission launched aboard a United Launch Alliance Atlas V 541 rocket from Space Launch Complex 41 at Cape Canaveral Space Force Base. Aboard that rocket was NASA’s most ambitious Mars mission to date. The launch phase of the mission suffered a few minor delays ultimately shifting the launch date from July 18, 2020 to July 30, 2020. However, ULA’s Atlas V first stage rocket and Centaur upper stage delivered NASA’s Mars 2020 Perseverance mission into such an accurate trajectory that the 2,260 lb (1,025 kg) rover landed on its specified February 18 landing date despite the delays in the launch timeline.
In total, three missions to Mars – China’s Tianwen-1, the United Arab Emirates Hope Probe, and NASA’s Perseverance – left Earth in the summer of 2020. All three missions targeted to leave Earth prior to August to best take advantage of the minimal distance between the planets during what is called opposition. The opposition between Earth and Mars only occurs once every 22 months. If the Perseverance mission had missed its launch date it would’ve had to wait until 2022 for a chance to travel to the Red Planet.
Entry, Descent, and Landing – a controlled disassembly
As Perseverance descended into the Martian atmosphere the Cruise Phase – hardware that propelled the spacecraft through space for seven months – was jettisoned. The Perseverance rover safely tucked inside the aeroshell and protected by a robust heat shield soared through the thin Martian atmosphere enduring an extreme amount of friction that produced heat energy that reached up to 2,370 degrees Fahrenheit (about 1,300 degrees Celsius).
Once through the period of peak heating the heat shield was jettisoned exposing Perseverance to the Martian environment for the first time. Then about 7 miles (11 kilometers) from the surface the largest supersonic parachute NASA has ever sent to another planet – 70.5 feet (21.5 meters) in diameter – was deployed drastically slowing the spacecraft.
While still descending, the controlled descent module – called the sky crane – separated from the backshell about 1.3 miles (2.1 kilometers) above the surface to free-fly in the Martian atmosphere. The descent module used a new landing technology called Terrain-Relative Navigation used a constant stream of visual input and guidance collected from the Vision Compute Element and Rover Compute Element to determine the safest reachable landing site.
The throttleable rockets on the powered descent module steered the rover to its landing spot in Mars’ Jezero Crater and slowed to approximately 1.7 mph (2.7 kph) about 66 feet (20 meters) above the Martian surface. Perseverance was then lowered using a system of Nylon cords which were autonomously severed upon touchdown. The final stage of the controlled disassembly was for the sky crane to throttle its rockets back up and fly away for a crash landing a safe distance from the rover.
Ultimately, the Perseverance rover landed about a kilometer south of the intended delta of the Jezero Crater.
Perseverance made it to Mars, now what?
Getting to Mars was only the first of many milestones that Perseverance is expected to achieve during its projected one Mars year-long mission – about 687 Earth days. Now that the rover has touched down the science will begin.
First and foremost once Perseverance stretched its legs, so to speak, the first event took place just minutes after landing. Perseverance captured photos of the Martian surface with a pair of engineering cameras called Hazard Cameras mounted to the front and back of the rover.
The upgraded Navigation and Hazard cameras feature the capability to capture imagery of the Martian surface in 20 megapixel high-definition resolution for the first time. In the coming days, more images will be relayed back to Earth taken with the rover’s Navigation cameras and Mastcam-Z.
Once on Mars, the control of the Perseverance rover was transitioned from NASA JPL’s EDL team to the Perseverance Surface team. The Surface Phase of the Mars 2020 mission – or the phase of the mission that consists of the four main science objectives – began about twenty minutes after the touchdown.
Perseverance was sent to Mars to determine whether life ever existed on Mars, characterize the climate, characterize the geology, and prepare for the eventual human exploration of Mars. To achieve these massive science goals, the robotic astrobiologist was sent with an impressive suite of scientific research tools. Over the next 30 Martian days – called sols – the rover will begin to unfurl and begin testing the various pieces of hardware in preparation for exploring the delta of Jezero Crater.
Deploying the stowaway
Perseverance not only took a roving science lab to Mars, but it also took the first rotorcraft helicopter to be deployed to another planet dubbed Ingenuity. Ingenuity is a small double-bladed rotorcraft weighing only about 4 pounds (1.8 kilograms).
After the initial 30 Ssls of stretching its legs, Perseverance will travel a short distance to find a flat area of the Martian surface to deploy the Ingenuity helicopter. Once deployed, the Ingenuity team will have a technology demonstration window of approximately 30 sols to complete the first flight test of Ingenuity – the first time powered, controlled flight will be attempted on another planet.
Landing is just the beginning
As exciting as landing on Mars was, it is only the beginning for the Mars 2020 Perseverance rover. The nuclear-powered astrobiology robot will spend the next Martian year excavating the surface of a very rich delta in the Jezero crater searching for the first evidence of ancient, microbial life.
Even more exciting is that Perseverance is only the first phase of a larger mission called the Mars Sample Return mission that will someday bring the excavated samples that Perseverance collects back to Earth in a joint effort between NASA and the European Space Agency.
Although the Perseverance mission is only intended to last one Martian year, Perseverance has the capacity to extend its mission to nearly 15 years thanks to its power source, a Multi-Mission Radioisotope Thermoelectric Generator (MMRTG) which produces a steady stream of electricity provided by the radioactive decay of plutonium-238. Perseverance could potentially outlast all of NASA’s other Mars missions.
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Tesla is bringing closure to its flagship Model S and Model X vehicles, which CEO Elon Musk said several years ago were only produced for “sentimental reasons.”
The Model S and Model X have been light contributors to Tesla’s delivery growth over the past few years, commonly contributing only a few percentage points toward the over 1.7 million cars the company has handed over to customers annually since 2022.
However, the Model S and Model X have remained in production because of their high-end performance and flagship status; they are truly two vehicles that are premium offerings and do not hold major weight toward Tesla’s future goals.
On Wednesday, during the Q4 2025 Earnings Call, Musk confirmed that Tesla would bring closure to the two models, ending their production and making way for the manufacturing efforts of the Optimus robot:
“It is time to bring the Model S and Model X programs to an end with an honorable discharge. It is time to bring the S/X programs to an end. It’s part of our overall shift to an autonomous future.”
Musk said the production lines that Tesla has for the Model S and Model X at the Fremont Factory in Northern California will be transitioned to Optimus production lines that will produce one million units per year.
Tesla Fremont Factory celebrates 15 years of electric vehicle production
Tesla will continue to service Model S and Model X vehicles, but it will officially stop deliveries of the cars in Q2, as inventory will be liquidated. When they’re gone, they’re gone.
BREAKING: Tesla will wind down Model S and Model X production next quarter, Elon Musk confirms.
“It is time to bring the Model S and Model X programs to an end with an honorable discharge.” pic.twitter.com/Czn7aQjJE1
— TESLARATI (@Teslarati) January 28, 2026
Tesla has been making moves to sunset the two vehicles for the better part of one year. Last July, it stopped taking any custom orders for vehicles in Europe, essentially pushing the idea that the program was coming to a close soon.
Musk said back in 2019:
“I mean, they’re very expensive, made in low volume. To be totally frank, we’re continuing to make them more for sentimental reasons than anything else. They’re really of minor importance to the future.”
That point is more relevant than ever as Tesla is ending the production of the cars to make way for Optimus, which will likely be Tesla’s biggest product in the coming years.
Musk added during the Earnings Call on Wednesday that he believes Optimus will be a major needle-mover of the United States’ GDP, as it will increase productivity and enable universal high income for humans.
Investor's Corner
LIVE BLOG: Tesla (TSLA) Q4 and FY 2025 earnings call
Tesla’s (NASDAQ:TSLA) earnings call follows the release of the company’s Q4 and full-year 2025 update letter.
Tesla’s (NASDAQ:TSLA) earnings call follows the release of the company’s Q4 and full-year 2025 update letter, which was published on Tesla’s Investor Relations website after markets closed on January 28, 2025.
The results cap a quarter in which Tesla produced more than 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products. For the full year, Tesla produced 1.65 million vehicles and delivered 1.63 million, while total energy storage deployments reached 46.7 GWh.
Tesla’s Q4 and FY 2025 Results
According to Tesla’s Q4 and FY 2025 Update Letter, the company posted GAAP earnings per share of $0.24 and non-GAAP EPS of $0.50 in the fourth quarter. Total revenue for Q4 came in at $24.901 billion, while GAAP net income was reported at $840 million.
For full-year 2025, Tesla reported GAAP EPS of $1.08 and non-GAAP EPS of $1.66 per share. Total revenue reached $94.83 billion, including $69.53 billion from automotive operations and $12.78 billion from the company’s energy generation and storage business. GAAP net income for the year totaled $3.79 billion.
Earnings call updates
The following are live updates from Tesla’s Q4 and FY 2025 earnings call. I will be updating this article in real time, so please keep refreshing the page to view the latest updates on this story.
16:25 CT – Good day to everyone, and welcome to another Tesla earnings call live blog. There’s a lot to unpack from Tesla’s Q4 and FY 2025 update letter, so I’m pretty sure this earnings call will be quite interesting.
16:30 CT – The Q4 and FY 2025 earnings call officially starts. IR exec Travis Axelrod opens the call. Elon and other executives are present.
16:30 CT – Elon makes his opening statement and explains why Tesla changed its mission to “Amazing Abundance.” “With the continued growth of AI and robotics, I think we’re headed towards a future of universal high income,” Musk said, adding that along the way, Tesla will still be improving its products while keeping the environment safe and healthy.
16:34 CT – Elon noted that the first steps for this future are happening this year, thanks to Tesla’s autonomy and robotics programs, which will be launching and ramping this year. He also highlighted that Tesla will be making major investments this year, though the company will be very strategic when it comes to its funding. “I think it makes a ton of strategic sense,” Musk said.
16:36 CT – Elon also announces the end of the Model S and Model X programs “with an honorable discharge.” If you’re interested in buying a Model S or X, it’s best to do it now, Musk said. The Model S and Model X factory in Fremont will be replaced by an Optimus line. “It’s slightly sad, but it is time to bring the S and X program to an end. It’s part of our overall shift to an autonomous future,” Musk said.
16:38 CT – Elon discusses how Unsupervised FSD is now starting for the Robotaxi service. He noted that these Unsupervised Robotaxis don’t have any chase cars as of yesterday. He reiterated Tesla’s plans for owners to be able to add their own vehicles to the Robotaxi fleet. Autonomy target for the end of the year is about a quarter or half of the United States, Musk said.
16:41 CT – Elon noted that the Tesla Energy team is absolutely killing it. He also stated that Tesla expects its Energy business to continue growing, and that the “solar opportunity is underrated.”
16:43 CT –Elon also added that Tesla Optimus 3 will be unveiled in about three months, probably. The Model S and Model X line in Fremont will be a million-unit Optimus production line. Looks like Optimus is really coming out of the gate with large, meaningful volumes. “The normal S curve for manufacturing ramps is longer for Optimus,” Musk stated. “Long term, I think Optimus will have a significant impact on the US GDP.”
16:44 CT – Elon closes his opening statements with a sincere thanks to the Tesla team. He also noted that he feels fortunate to be able to work alongside such a talented workforce.
Elon ends his opening remarks with an optimistic prediction about the future.“The future is more exciting than you can imagine,” he concluded.
16:47 CT – Tesla CFO Vaibhav Taneja makes his opening remarks. He discusses several aspects of Tesla’s Q4 milestones. He noted that Tesla Energy achieved yet another gross profit record during the fourth quarter. There’s insane demand for the Megapack and Powerwall. Backlogs for these products are healthy this 2026. He also noted that Tesla ended 2025 with a bigger vehicle order backlog compared to recent years.
16:53 CT – Investor questions from Say begin. The first question is about Tesla’s expectations for the Robotaxi Network. Lars Moravy noted that it has the advantage of manufacturing and scale, and Tesla believes that the Robotaxi Network will significantly grow year over year. Elon highlighted that the Cybercab will be produced with no steering wheel or pedals. No fallback. Elon also noted that Tesla expects to produce more Cybercabs than all its other vehicles combined in the future.
16:51 CT – The next question is if Tesla still expects to launch new models, such as affordable cars. Lars Moravy noted that Tesla did release affordable variants last year, and Tesla is still pushing hard to lower its costs. That being said, Tesla is really pushing the Cybercab as its total addressable market is larger than consumer-owned cars. Lars also mentioned that Tesla will produce different vehicles for its Robotaxi services.
16:56 CT – Elon noted that eventually, Tesla will produce mostly autonomous cars. The exception would be the next-generation Roadster, which will be a true driver’s car.
17:03 CT – A question about Elon’s past comments about a potential next pickup truck was asked. Lars noted that the Cybertruck is still performing well in the electric pickup truck segment, though Tesla is known for flexibility. Elon added that Tesla will be transitioning the Cybertruck line to a fully autonomous vehicle line. He also stated that the Cybertruck is a useful vehicle. “An autonomous Cybertruck will be useful for that.”
17:10 CT – A question was asked about when FSD will be 100% Unsupervised. Elon noted that 100% Unsupervised FSD is already being used today, though only in the Austin Robotaxi program. Tesla is still being extremely careful with its rollout.
When asked about Tesla’s chip program, Elon noted that he feels pretty good about Tesla’s chip strategy. But in terms of selling Tesla’s chips outside Tesla, the company has to make sure it has enough chips for Optimus robots, data centers, and other programs first.
17:18 CT – Analyst questions begin. First up is Wolf Research. He asks about Tesla’s increasing Capex, specifically where the majority of it is going. The Tesla CFO noted that programs in six factories are going live this year, so that consumes Capex. The Optimus program also consumes a lot of resources. The growth of Tesla’s current capacity is also consuming a lot of resources. As for how these programs will be funded, the CFO pointed to Tesla’s massive war chest, as well as initiatives such as the Robotaxi Network.
17:21 CT – Morgan Stanley asks about Tesla’s xAI investment. The analyst asked about more information about how Tesla and xAI will work together. The CFO noted that this investment is part of Master Plan Part IV. Elon also mentioned some advantages for xAI’s technology for Tesla’s products, like Grok being used to manage a Robotaxi fleet or a group of Optimus robots.
17:24 CT – Barclays asks Elon about the constraints on memory. Does Tesla have any near term constraints for Tesla vehicles’ memory? Elon responded that the Tesla AI computer is already very compute and memory-efficient. The intelligence per gigabyte is important. Musk noted that Tesla is ahead of the industry by an order of magnitude or more.
17:29 CT – Cannacord asks about startups from China entering the humanoid market. What competitive advantage does Optimus have compared to these rivals? Elon stated that he believes China will be a key competitor in the humanoid robot market. China will be the toughest competitor for Tesla. That being said, Elon noted that Tesla believes Optimus will be ahead in real-world intelligence, electromechanical dexterity, and hand design.
News
Tesla announces massive investment into xAI
“On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round,” it said.
Tesla has announced a major development in its ventures outside of electric vehicles, as it confirmed today that it invested $2 billion into xAI on January 16.
The move is significant, as it marks the acquisition of shares of Series E Preferred Stock, executed on market terms alongside other investors. The company officially announced it in its Q4 2025 Shareholder Deck, which was released at market close on Wednesday.
The investment follows shareholder approval in 2025 for potential equity stakes in xAI and echoes SpaceX’s earlier $2 billion contribution to xAI’s $10 billion fundraising round.
Tesla said that, earlier this month, it entered an agreement to invest $2 billion to acquire shares of Series E Preferred Stock of xAI:
“Tesla’s investment was made on market terms consistent with those previously agreed to by other investors in the financing round. As set forth… pic.twitter.com/HgtrcHdB2U
— TESLARATI (@Teslarati) January 28, 2026
CEO Elon Musk, who is behind both companies, is now weaving what appears to be an even tighter ecosystem among his ventures, blending Tesla’s hardware prowess with xAI’s cutting-edge AI models, like Grok.
Tesla confirmed the investment in a statement in its Shareholder Deck:
“On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round. Tesla’s investment was made on market terms consistent with those previously agreed to by other investors in the financing round. As set forth in Master Plan Part IV, Tesla is building products and services that bring AI into the physical world. Meanwhile, xAI is developing leading digital AI products and services, such as its large language model (Grok).”
It continued:
“In that context, and as part of Tesla’s broader strategy under Master Plan Part IV, Tesla and xAI also entered into a framework agreement in connection with the investment. Among other things, the framework agreement builds upon the existing relationship between Tesla and xAI by providing a framework for evaluating potential AI collaborations between the companies. Together, the investment and the related framework agreement are intended to enhance Tesla’s ability to develop and deploy AI products and services into the physical world at scale. This investment is subject to customary regulatory conditions with the expectation to close in Q1’2026.”
The history of the partnership traces back to xAI’s founding in July 2023, as Musk launched the company as a counterweight to dominant AI players like OpenAI and Google.
xAI aimed to “understand the true nature of the universe” through unbiased, truth-seeking AI. Tesla, meanwhile, has long invested in AI for its Full Self-Driving (FSD) software and Optimus robots, training models on vast datasets from its vehicle fleet.
The investment holds profound significance for both companies.
For Tesla, it accelerates its Master Plan Part IV, which envisions AI-driven autonomy in vehicles and humanoid robots. xAI’s Grok could enhance Tesla’s real-world AI applications, from optimizing battery management to predictive maintenance, potentially giving Tesla an edge over its biggest rivals, like Waymo.
Investors, on the other hand, stand to gain from this symbiosis. Tesla Shareholders may see boosted stock value through AI innovations, with analysts projecting enhanced margins and significant future growth in robotics. xAI’s valuation could soar, attracting more capital.
Tesla brings closure to flagship ‘sentimental’ models, Musk confirms
LIVE BLOG: Tesla (TSLA) Q4 and FY 2025 earnings call
