News
SpaceX confirms plan to activate South Texas launch site in late 2018
Following our report that Elon Musk’s space company was progressing on the development of a new launch site in Texas, SpaceX’s Senior Communications Manager James Gleeson has confirmed with Teslarati that the company is, in fact, working towards the activation of its South Texas launch facilities in late 2018, possibly sooner.
“We are currently targeting late 2018 for the site in South Texas to be operational but we’re reviewing our progress and will turn the site online as soon as it’s ready.”
Combined with a comment made in early January by SpaceX President Gwynne Shotwell, BFS development by all appearances is going quite smoothly. Still, it’s likely that the Boca Chica site’s late 2018 “operational” status refers mainly to an ability to support something less than orbital launches, perhaps suborbital testing of BFS. According to a source knowledgeable with SpaceX’s South Texas outlook, there are currently no plans to manufacture BFR in the region, although the company has enjoyed the warm welcomes it’s received from local leaders enthusiastic about the company’s local expansion.
-
- SpaceX already operates an extensive rocket testing facility in Central Texas, tests that previously included flights of a Falcon 9 reuse demonstrator. (SpaceX)
-
- The majority of testing done at McGregor is of individual Merlin engines, each of which is fired for around dozens of seconds to verify performance and quality. (SpaceX)
-
- SpaceX’s current Texas facilities feature a test stand for Raptor, the engine intended to power BFR and BFS to Mars. (SpaceX)
The question of where to test the first Big F____ Spaceship (BFS) prototype also appears to be undecided at the moment, and comments made by CEO Elon Musk immediately after Falcon Heavy’s inaugural launch further confirmed that a couple of different options are under consideration, one of which involves using Boca Chica as a testing facility for the Mars rocket. True orbital launch operations are thus highly unlikely to begin at Boca Chica any earlier than mid-to-late 2019, and that aspirational timeline is of course intimately dependent upon the relatively smooth development and testing of BFS, as well as the potential value SpaceX might see in a fully-private orbital launch complex compatible with their proven Falcon family of rockets. A site wholly dedicated to Starlink launches, for example, could rapidly speed up the internet satellite constellation’s deployment, the completion of which could be a massive source of income capable of funding the company’s interplanetary ambitions.
The boom of a giant crane (possibly meant for BFS) seen in late 2017, parked at SpaceX’s Boca Chica facilities. (Reddit /u/ ticklestuff)
While SpaceX’s communications policy reasonably avoids commenting on employee movement, the South Texas site’s late 2018 operational status would undeniably require a fair amount of work, likely on the order of the refurbishment and repair of the SLC-40 pad. This indirectly lends at least a sliver of credence to a recent claim from Space Florida, a state-run economic development agency focused on aerospace, that a portion of the workers involved in the refurbishment of LC-40 and LC-39A’s Falcon Heavy upgrades have begun “working on their Brownsville [TX] site.”
Dale Ketcham, Space Florida: people who worked on LC-39A and SLC-40 here for SpaceX now working on their Brownsville site. Georgia will be offering a spaceport site just as attractive to launch customers as Brownsville.
— Jeff Foust (@jeff_foust) March 1, 2018
Indeed, local South Texas fans of SpaceX have done an outstanding job of tracking the progress made at the Boca Chica launch facility over the last several years, and activity at the site does appear to have exploded in recent months, relative to the several years of quiet landscaping that followed its 2014 announcement.
Most recently, the addition of a solar array installation, Tesla Powerpacks, and an 800-kilowatt generator gives the construction zone the ability to generate considerably more than 1MW of grid-independent power, likely more than enough to operate both a bevy of construction equipment and SpaceX’s Crew Dragon communications complex.
Solar installation at SpaceX’s facility in Boca Chica, Texas [Credit: Nomadd via NASASpaceFlight.com Forum]
Ultimately, it’s all but guaranteed that significant increases in construction and development activity (or the lack thereof) will be immediately noted and communicated by observant locals. If SpaceX hopes to make its South Texas site operational before the end of the year, major work can be expected to begin within a handful of months at most. In the meantime, activities in Los Angeles, CA, particularly the Port of San Pedro, will offer another source of data on BFS’ development progress. Now we wait…
Get real-time updates from our Space Team and follow:
- Teslarati – Instagram (live stories) – Twitter
- Tom Cross – Twitter
- Pauline Acalin – Twitter
- Eric Ralph – Twitter
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, 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
