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SpaceX aims for a burst of December launches despite recent delays
Originally scheduled to launch on December 4, SpaceX’s thirteenth resupply mission to the International Space Station (ISS) has been pushed back to no earlier than Friday, December 15 after routine preflight checks identified potential contaminants in the Falcon 9 launch vehicle’s upper stage fuel lines.
The past six weeks have been something of an outlier in an otherwise relentless series of 2017 launches for SpaceX. In early November, defects in payload fairings were discovered at the company’s Hawthorne, CA factory and quickly traced to the Zuma mission’s fairing, at that point already vertical and prepared to launch from Kennedy Space Center. SpaceX chose to pause its launch indefinitely as it investigated the fairings already delivered to its several launch pads and began the process of either repairing or replacing those impacted. The CRS-13 Cargo Dragon mission soon took precedent as Zuma remained on hold.
A panorama of SpaceX’s newly-reactivated Launch Complex 40. Falcon 9 and Dragon can be seen in the center. (Tom Cross/Teslarati)
Although CRS-13 does not require a payload fairing and was thus unaffected by SpaceX’s ongoing investigation, the mission was scheduled to be launched from Launch Complex-40, essentially a new pad after ten months of extensive repairs and upgrades. This translated into a few days of additional delays as the SpaceX launch crew thoroughly tested the pad’s new systems and pushed towards static fire of the flight proven Falcon 9 booster, successfully completed on December 6 after an additional handful of days of pad-related delays. This pushed the launch date from the 4th to the 8th, then the 12th and the 13th to accommodate further limited testing in order to ensure pad readiness. However, routine tests revealed a possible fuel line contamination in Falcon 9’s second stage, and SpaceX delayed the mission an additional 48 hours to resolve the problem. CRS-13 is now aiming for launch no earlier than 7:35am/10:35am PST/EST on December 15, but the window is instantaneous and any additional delays would push the launch into late December, at which point Cape Canaveral Air Force Station returns to operational status with the conclusion of winter holidays.
Although LC-40 suffered through its own teething period of bugs and testing while returning to life, there is a certain irony in the fact that a bug in the only wholly new component of CRS-13’s Falcon 9 rocket has been the most recent cause of delay; both the Falcon 9 booster and Cargo Dragon capsule are refurbished, flight-proven hardware, although both the trunk and heat shield of the Dragon were likely replaced with new components. There is something to be said about the logical nature of truly “flight-proven” hardware being more trustworthy than completely new alternatives, but it is far more likely that the upper stage contamination can be largely traced back to the new pad hardware.
A refurbished Dragon perched upon its flight-proven Falcon 9 first stage, separated by the uncooperative second stage. (Tom Cross/Teslarati)
Although Teslarati’s launch photographer Tom Cross has been battered about by Zuma and CRS-13 delays, SpaceX has demonstrated an admirable level of patience and caution, risking significant delays to their launch manifest in order to best ensure the safety and reliability of their launch services. While delays are painful in the spaceflight fan business, they are impermanent and secondary to safety and success. SpaceX will undoubtedly return to their regular programming in no time at all, with the West-coast launch of Iridium-4 and first pad rollout of Falcon Heavy up next on the docket. Stay tuned!
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
