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NASA to roll SLS Moon rocket to the launch pad two days early
NASA has given the go-ahead to roll its Space Launch System (SLS) Moon rocket to the launch pad two days ahead of schedule.
That bodes well for plans to launch the rocket for the first time (a milestone NASA originally hoped to pass in December 2016) as early as late August or September 2022. NASA says that its first SLS rocket is now on track to begin a roughly 24-hour journey to Kennedy Space Center’s LC-39B launch pad at 9 pm EDT on August 16th. That will kick off approximately two more weeks of work that could finally culminate in the rocket’s first real launch attempt as early as August 29th, a moment anywhere from 12 to 16 years in the making.
SLS was created by Congress in 2010 when the legislative body drafted a law demanding that NASA develop a heavy-lift rocket to replace the Space Shuttle. In practice, Congress (particularly several key stakeholders with former Shuttle workforce and facilities in their states or districts) was primarily interested in keeping former Shuttle infrastructure active and workers employed, and left NASA to figure out how to retroactively engineer a rocket out of a list of legal requirements mostly driven by politics.
NASA ultimately devised a rocket that would extrapolate Shuttle external tank technology into a larger liquid hydrogen/oxygen ‘core stage’ powered by four flight-proven, reusable Space Shuttle Main Engines (SSME; now RS-25). A relatively small orbital upper stage derived from Boeing’s Delta IV rocket would sit atop the core stage, which would be augmented with two stretched Shuttle-derived solid rocket boosters (SRBs). Altogether, the first variant of SLS – Block 1 – is expected to be able to launch up to 95 tons (~210,000 lb) to low Earth orbit and around 27 tons (~59,500 lb) to the Moon, 32% and 38% worse than the Saturn V rocket NASA abandoned for the Space Shuttle in the 1970s.
Nevertheless, SLS will likely become the most powerful rocket currently in operation if it successfully debuts within the next few months. Only SpaceX’s Starship, which will eventually launch a Starship-derived Moon lander for NASA, is likely to challenge or beat the performance of SLS within the next 5-10 years.
However, after more than half a decade of delays and around $25 billion spent without a single launch to show for its investment, NASA no longer has any near-term plans to use SLS for more than sending a few astronauts on their way to the Moon once every year or two. The only tangible payload currently assigned to SLS Block 1 is NASA’s own Orion spacecraft, an earlier version of which Lockheed Martin began developing for NASA in 2006. Approximately 16 years and $25 billion later, the Orion capsule will be better than the Apollo Program’s Command module (capsule) by most measures, but its service (propulsion) module will be far worse.
With about half as much usable delta V (propulsive capability) as the Apollo CSM, Orion is incapable of transporting astronauts to the same convenient low lunar orbits that the Apollo Program used, forcing NASA to send it to high, exotic alternatives. As a result, NASA has been forced to create a multi-billion-dollar destination for Orion (the Gateway station) and complicate the mission of new Moon landers like SpaceX’s Starship.
Countless pitfalls and shortcomings aside, NASA is about to finally roll the fourth most capable flightworthy rocket ever assembled (behind Saturn V, N-1, and Energia) to the launch pad. Regardless of the outcome of the mission, SLS will likely be the fifth largest rocket (including the Space Shuttle) ever launched when it lifts off. If that launch is successful, the achievement will be even more impressive, marking the third time out of three attempts that NASA has successfully launched a super heavy-lift launch vehicle (>50t to LEO) on its first try.
A successful Artemis I launch would also give the Orion spacecraft an opportunity to enter orbit around the Moon and test most of the systems it will need for Artemis II, which is intended to carry two astronauts. Orion won’t carry or test any life support or docking systems, making it only a partial demonstration, but it will still be the first time a prototype of a crewed spacecraft has attempted to enter lunar orbit since December 1972.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
