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Massive storm on Mars downs NASA’s Opportunity Rover after 14 years on the red planet
NASA recently held a press conference about the current status of the Opportunity Rover (or Oppy, as it is fondly called), which is weathering a massive storm covering a quarter of the Red Planet’s surface. According to NASA, communication with Opportunity remains down as of date, though the space agency is optimistic that the 14-year-old rover can still make it through the storm.
The massive storm currently affecting Mars covers 15.8 million square miles (41 million square kilometers), which is roughly the size of North America and Russia combined. The intensity of the storm has effectively blocked the sunlight on Mars’ surface, preventing Opportunity to charge its batteries. The rover is currently near the center of the storm, inside the Red Planet’s Perseverance Valley. NASA is under the assumption that Opportunity’s batteries have dipped below 24 volts, causing the machine to enter low power fault mode. In this state, all of Opportunity’s subsystems except its mission clock are turned off. During NASA’s press conference, John Callas, Opportunity’s project manager, stated that the rover’s present state invokes concern.
“The analogy I would use right now is it’s like you have a loved one in a coma in the hospital. The doctors are telling you that you’ve just got to give it time and she’ll wake up, all the vital signs are good, so it’s just waiting it out — but you know, if it’s your 97-year-old grandmother you’re going to be very concerned. And we are. By no means are we out of the woods here,” he said.
Opportunity has been on the Red Planet for close to 15 years, far more than the duration of its original 90-day mission. As of January 2018, the rover has managed to cover a distance of 45.09 kilometers (28.02 miles), studying Mars’ terrain and laying the foundations for missions to come. Opportunity was sent to the Red Planet with its sister rover, Spirit. While both machines were able to last far beyond their initial 90-day mission, Spirit ultimately fell silent in 2010, six years into its exploration of the Martian landscape.
Overall, it would be truly sad to lose Opportunity after such a long and storied life, but the near future will be filled with many new robotic Martians striving to uncover the Red Planet’s mysteries. After all, Opportunity, as well as Spirit and the larger, nuclear-powered Curiosity rover (which is also experiencing reduced solar energy due to the massive storm), have all but laid the foundations for further and more ambitious missions on the Red Planet. Plans are already underway to develop and launch Mars 2020, a rover based on Curiosity, and ExoMars, a rover from Europe — both of which would be tasked to find signs of life. Mars Insight, a robotic lander designed to study the interior of the Red Planet, has also been launched last May and is expected to land sometime in November.
Despite the challenge facing Opportunity right now, however, Jim Watzin, the director of NASA’s Mars Exploration Program, stated that NASA is still hoping the nearly 15-year-old rover will somehow survive.
“We’re all pulling for Opportunity. As you know, it’s been a remarkably resilient rover, lasting 15 years — well beyond its original design life of just 90 days. Its longevity has taught us much about operating on the surface of Mars. But regardless of how this turns out, this little rover has proven to be an invaluable investment that has greatly increased our ability to explore the Red Planet,” he said.
News
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario.
Wedbush analyst Dan Ives is doubling down on Tesla’s (NASDAQ:TSLA) long-term upside. In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario, thanks to the company’s efforts to develop and push its artificial intelligence programs.
An aggressive valuation upside
Ives, Wedbush’s global head of tech research, stated in his post that Tesla is entering a pivotal period as its autonomy and robotics ambitions move closer to commercialization. He expects Tesla’s market cap to reach $2 trillion in 2026, representing roughly 33% upside from current levels, with a bull case up to a $3 trillion market cap by year-end.
Overall, Ives noted that 2026 could become a “monster year” for TSLA. “Heading into 2026, this marks a monster year ahead for Tesla/Musk as the autonomous and robotics chapter begins. We believe Tesla hits a $2 trillion market cap in 2026 and in a bull case scenario $3 trillion by end of 2026… as the AI chapter takes hold at TSLA,” the analyst wrote.
Ives also reiterated his “Outperform” rating on TSLA stock, as well as his $600 per share price target.
Unsupervised Full-Self Driving tests
Fueling optimism is Tesla’s recent autonomous vehicle testing in Austin, Texas. Over the weekend, at least two Tesla Model Ys were spotted driving on public roads without a safety monitor or any other occupants. CEO Elon Musk later confirmed the footage of one of the vehicles on X, writing in a post that “testing is underway with no occupant in the car.”
It remains unclear whether the vehicle was supported by chase cars or remote monitoring, and Tesla has not disclosed how many vehicles are involved. That being said, Elon Musk stated a week ago that Tesla would be removing its Safety Monitors from its vehicles “within the next three weeks.” Based on the driverless vehicles’ sightings so far, it appears that Musk’s estimate may be right on the mark, at least for now.
News
Production-ready Tesla Cybercab hits showroom floor in San Jose
Tesla has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements.
Tesla has showcased what appears to be a near-production-ready Cybercab at its Santana Row showroom in San Jose, California, giving visitors the closest look yet at the autonomous two-seater’s refined design.
Based on photos of the near-production-ready vehicle, the electric vehicle maker has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements, making the vehicle look more polished and seemingly more comfortable than its prototypes from last year.
Exterior and interior refinements
The updated Cybercab, whose photos were initially shared by Tesla advocate Nic Cruz Patane, now features a new frameless window design, an extended bottom splitter on the front bumper, and a slightly updated rear hatch. It also includes a production-spec front lightbar with integrated headlights, new wheel covers, and a license plate bracket.
Notably, the vehicle now has two windshield wipers instead of the prototype’s single unit, along with powered door struts, seemingly for smoother opening of its butterfly doors. Inside, the Cybercab now sports what appears to be a redesigned dash and door panels, updated carpet material, and slightly refined seat cushions with new center cupholders. Its legroom seems to have gotten slightly larger as well.
Cybercab sightings
Sightings of the updated Cybercab have been abundant in recent months. At the end of October, the Tesla AI team teased some of the autonomous two-seater’s updates after it showed a photo of the vehicle being driven through an In-N-Out drive-through by employees in Halloween costumes. The photos of the Cybercab were fun, but they were significant, with longtime Tesla watchers noting that the company has a tradition of driving its prototypes through the fast food chain’s drive-throughs.
Even at the time, Tesla enthusiasts noticed that the Cybercab had received some design changes, such as segmented DRLs and headlamps, actual turn signals, and a splitter that’s a lot sharper. Larger door openings, which now seem to have been teasing the vehicle’s updated cabin, were also observed at the time.
Investor's Corner
Tesla analyst realizes one big thing about the stock: deliveries are losing importance
Tesla analyst Dan Levy of Barclays realized one big thing about the stock moving into 2026: vehicle deliveries are losing importance.
As a new era of Tesla seems to be on the horizon, the concern about vehicle deliveries and annual growth seems to be fading, at least according to many investors.
Even CEO Elon Musk has implied at times that the automotive side, as a whole, will only make up a small percentage of Tesla’s total valuation, as Optimus and AI begin to shine with importance.
He said in April:
“The future of the company is fundamentally based on large-scale autonomous cars and large-scale and large volume, vast numbers of autonomous humanoid robots.”
Almost all of Tesla’s value long-term will be from AI & robots, both vehicle & humanoid
— Elon Musk (@elonmusk) September 11, 2023
Levy wrote in a note to investors that Tesla’s Q4 delivery figures “likely won’t matter for the stock.” Barclays said in the note that it expects deliveries to be “soft” for the quarter.
In years past, Tesla analysts, investors, and fans were focused on automotive growth.
Cars were truly the biggest thing the stock had to offer: Tesla was a growing automotive company with a lot of prowess in AI and software, but deliveries held the most impact, along with vehicle pricing. These types of things had huge impacts on the stock years ago.
In fact, several large swings occurred because of Tesla either beating or missing delivery estimates:
- January 3, 2022: +13.53%, record deliveries at the time
- January 3, 2023: -12.24%, missed deliveries
- July 2, 2024: +10.20%, beat delivery expectations
- October 3, 2022: -8.61%, sharp miss due to Shanghai factory shutdown
- July 2, 2020: +7.95%, topped low COVID-era expectations with sizeable beat on deliveries
It has become more apparent over the past few quarters that delivery estimates have significantly less focus from investors, who are instead looking for progress in AI, Optimus, Cybercab, and other projects.
These things are the future of the company, and although Tesla will always sell cars, the stock is more impacted by the software the vehicle is running, and not necessarily the vehicle itself.
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
Production-ready Tesla Cybercab hits showroom floor in San Jose
