

News
SpaceX’s historic NASA astronaut launch debut on track for second attempt
Rather than making history on May 27th, SpaceX’s highest-profile launch ever – Crew Dragon’s NASA astronaut launch debut – was scrubbed just minutes before liftoff by stormy Florida weather. Unfortunately, conditions appear to be even less favorable on Saturday and Sunday backup windows.
Weather trended well, until it didn’t
The day began with launch fans growing increasingly concerned about a system of low-pressure off of Florida’s northeast coast that strengthened into tropical storm Bertha – the second named storm before the official start of the Atlantic basin hurricane season on June 1st. As the day progressed, Bertha became less of a worry for SpaceX recovery and emergency abort drop zones as it moved further north up the coast eventually making landfall in South Carolina. Then the thunderstorms began firing up.
Going into launch day launch weather officer, Mike McAleenan of the U.S. Space Force’s 45th Weather Squadron predicted a 60% chance of favorable launch weather conditions. That decreased slightly to 50% during the morning’s launch weather briefing. The 50/50 shot of Florida weather cooperating to get the launch off during the one-second long launch window opportunity remained the main concern for the rest of the day.
During the final thirty minutes of the countdown, many of the weather constraints that were holding up a green-light for launch from cleared up, but one last weather rule remained no-go. McAleenan stated over the internal weather communication loop during NASA’s live broadcast that if the launch window could’ve extended another 10 minutes, the weather would probably cooperate. This wasn’t the case, though. The launch attempt was ultimately aborted just 14 minutes shy of liftoff due to the “field mill” rule not clearing in time. The lightning field mill rule refers to a sophisticated electrical field system that spans the entire area of Kennedy Space Center and the surrounding area of Cape Canaveral responsible for continuously detecting the electrical charge of the atmosphere.
Protecting rockets from producing lightning
Rockets are not permitted to launch through an electrically charged atmosphere because of the possibility of what is called “triggered” lightning – lightning that is actually produced by a rocket bursting through an electrically charged atmosphere. Sending a rocket through an already unstable atmosphere can cause a disturbance, a lightning bolt, to be triggered. This phenomenon has the capability of being potentially dangerous for the rocket and, more importantly in this case, the occupants on board.
Demo-2, Round 2
Following a scrubbed first attempt, the 45th Weather Squadron released the L-3 (3 days until launch) forecast for the second attempt to send NASA astronauts Doug Hurley and Bob Behnken to the International Space Station. The prediction looked much like the one going into Wednesday’s attempt. On Thursday morning, May 28th, a new L-2 (2 days until launch) forecast was released showing very little change from the evening before.
SpaceX’s next attempt at a Demo-2 launch will occur on Saturday, May 30th, at 3:22:41pm EDT with another backup attempt scheduled for Sunday, May 31st at 3:00:07pm EDT. The outlook for the weather, however, looks much the same as it did for Wednesday. The 45th Weather Squadron is currently predicting only a 40% chance of favorable launching conditions on both days, and that’s just for the weather directly over LC-39A at the time of launch.
The 45th Weather Squadron does not predict other conditions that can determine a scrub of launch including upper-level atmospheric winds capable of completely sheering apart a rocket at altitude, or weather conditions for booster recovery and the recovery zones needed to rescue the Dragon capsule in the event of an emergency abort scenario. SpaceX has its own team of professionals that work in tandem with the 45th Weather Squadron to monitor the conditions of the recovery and abort zones. SpaceX takes things into consideration like wave height and patterns to determine whether or not conditions are appropriate enough for crews to perform any and all recovery operations that may be needed.
For Saturday’s attempt, the SpaceX Demo-2 will once again face the challenges of precipitation and dangerous lightning producing anvil and cumulus clouds. Expect launch day to look much like it did during the first attempt on Wednesday. SpaceX will need to thread one seriously precise needle to pull off the most historic rocket launch in company history.
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Investor's Corner
Barclays lifts Tesla price target ahead of Q3 earnings amid AI momentum
Analyst Dan Levy adjusted his price target for TSLA stock from $275 to $350, while maintaining an “Equal Weight” rating for the EV maker.

Barclays has raised its price target for Tesla stock (NASDAQ: TSLA), with the firm’s analysts stating that the electric vehicle maker is approaching its Q3 earnings with two contrasting “stories.”
Analyst Dan Levy adjusted his price target for TSLA stock from $275 to $350, while maintaining an “Equal Weight” rating for the EV maker.
Tesla’s AI and autonomy narrative
Levy told investors that Tesla’s “accelerating autonomous and AI narrative,” amplified by CEO Elon Musk’s proposed compensation package, is energizing market sentiment. The analyst stated that expectations for a Q3 earnings-per-share beat are supported by improved vehicle delivery volumes and stronger-than-expected gross margins, as noted in a TipRanks report.
Tesla has been increasingly positioning itself as an AI-driven company, with Elon Musk frequently emphasizing the long-term potential of its Full Self-Driving (FSD) software and products like Optimus, both of which are heavily driven by AI. The company’s AI focus has also drawn the support of key companies like Nvidia, one of the world’s largest companies today.
Still cautious on TSLA
Despite bullish AI sentiments, Barclays maintained its caution on Tesla’s underlying business metrics. Levy described the firm’s stance as “leaning neutral to slightly negative” heading into the Q3 earnings call, citing concerns about near-term fundamentals of the electric vehicle maker.
Barclays is not the only firm that has expressed its concerns about TSLA stock recently. As per previous reports, BNP Paribas Exane also shared an “Underperform” rating on the company due to its two biggest products, the Robotaxi and Optimus, still generating “zero sales today, yet inform ~75% of our ~$1.02 trillion price target.” BNP Paribas, however, also estimated that Tesla will have an estimated 525,000 active Robotaxis by 2030, 17 million cumulative Optimus robot deliveries by 2040, and more than 11 million FSD subscriptions by 2030.
Investor's Corner
BNP Paribas Exane initiates Tesla coverage with “Underperform” rating
The firm’s projections for Tesla still include an estimated 525,000 active Robotaxis by 2030.

Tesla (NASDAQ: TSLA) has received a bearish call from BNP Paribas Exane, which initiated coverage on the stock with an Underperform rating and a $307 price target, about 30% below current levels.
The firm’s analysts argued that Tesla’s valuation is driven heavily by artificial intelligence ventures such as the Robotaxi and Optimus, which are both still not producing any sales today.
Tesla’s valuation
In its note, BNP Paribas Exane stated that Tesla’s two AI-led programs, the Robotaxi and Optimus robots, generate “zero sales today, yet inform ~75% of our ~$1.02 trillion price target.” The research firm’s model projected a maximum bull-case valuation of $2.7 trillion through 2040, but after discounting milestone probabilities, its base-case valuation remained at $1.02 trillion.
The analysts described their outlook as optimistic toward Tesla’s AI ventures but cautioned that the stock’s “unfavorable risk/reward is clear,” adding that consensus earnings expectations for 2026 remain too high. Tesla’s market cap currently stands around $1.44 trillion with a trailing twelve-month revenue of $92.7 billion, which BNP Paribas argued does not justify Tesla’s P/E ratio of 258.59, as noted in an Investing.com report.
Tesla and its peers
BNP Paribas Exane’s report also included a comparative study of the “Magnificent Seven,” finding Tesla’s current market valuation as rather aggressive. “Our unique comparative analysis of the ‘Mag 7’ reveals the extreme nature of TSLA’s valuation, as the market implicitly says TSLA’s 2035 earnings (~55% of which will be driven by Robotaxi & Optimus, w/ zero sales now) have the same level of risk & value-appropriation as the ‘Mag 6’s’ 2026 earnings,” the firm noted.
The firm’s projections for Tesla include an estimated 525,000 active Robotaxis by 2030, 17 million cumulative Optimus robot deliveries by 2040 priced above $20,000 each, and more than 11 million Full Self-Driving subscriptions by 2030. Interestingly enough, these seem to be rather optimistic projections for one of the electric vehicle maker’s more bearish estimates today.
News
Tesla FSD’s new Mad Max mode is getting rave reviews from users
It does appear that Mad Max mode is destined to be one of the system’s biggest steps forward to date.

Tesla’s release notes for the newly released Mad Max mode for FSD (Supervised) V14.1.2 simply stated that the feature “comes with higher speeds and more frequent lane changes than Hurry.” But as per videos that have been posted online by FSD users who have tested the system, it does appear that Mad Max mode is destined to be one of the system’s biggest steps forward to date.
It is then no surprise that the new capability is getting rave reviews from Tesla owners.
Impressive tests
A look at posts on social media platform X would show that, similar to past FSD releases, numerous Tesla content creators immediately tested Mad Max mode on real-world streets after it was downloaded onto their vehicle. Considering that the update was released rather late, the first tests of Mad Max mode were done at night. Despite this, it was evident that Tesla worked very hard to make Mad Max mode into something that is very useful in real-world scenarios.
This could be seen in videos from longtime Tesla owner @BLKMDL3, who observed that Max Max mode was “amazing” and like “perfect for LA traffic” due to its cautious but assertive nature. Later on, the Tesla owner noted that after eight drives, it was evident that FSD (Supervised) V14.1.2 was impressive.
Assertive but safe
Other testers such as Model Y owner Sawyer Merritt noted that Mad Max mode drives very quickly and confidently, with smoother acceleration that is still very safe. These were echoed by another longtime FSD tester, Dirty Tesla, who noted that Mad Max mode seems to be designed for heavy, aggressive traffic so users could fit in better. The FSD user did, however, observe that Mad Max mode does speed up a lot on open roads.
Recent comments from Tesla AI Head Ashok Elluswamy have indicated that Mad Max mode was created to be a solution for daytime congested traffic, which is arguably one of the most soul-crushing experiences that drivers deal with on a daily basis. With this in mind, it does appear that FSD (Supervised) V14.1.2 could prove to be a notable step forward in Tesla’s push towards true autonomous driving.
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