News
SpaceX’s second upgraded Dragon set to launch new solar arrays to the ISS
An all-new Falcon 9 rocket and upgraded Cargo Dragon spacecraft have rolled out to Kennedy Space Center Launch Complex 39A (Pad 39A) ahead of SpaceX’s second CRS2 space station resupply launch for NASA.
Scheduled to lift off no earlier than (NET) 1:29 pm EDT (17:29 UTC) on Thursday, June 3rd, the mission – known as CRS-22 – will be the first of up to four Falcon 9 launches scheduled this month. Cargo Dragon 2 debuted in December 2020 as part of CRS-21 and returned to Earth five weeks later, marking SpaceX’s third near-flawless inaugural launch of a new spacecraft. Heavily based on Crew Dragon, which first flew in March 2019, Cargo Dragon 2 is nevertheless significantly modified to optimize it for its exclusively cargo-oriented role.
That includes the removal of internal components, windows, and – most notably – Crew Dragon’s system of SuperDraco abort thrusters to make more room and free up more mass for non-astronaut cargo.
Atop new Falcon 9 booster B1067, CRS-22 will lift off with more than 3300 kg (7300 lb) of cargo in tow. Aside from the usual science equipment, space suit parts, and consumables, CRS-22 will also carry part of a significant new upgrade planned for the International Space Station’s (ISS) basic power generation capabilities. Known as ISS Roll Out Solar Arrays, the new space station solar arrays are a direct follow-on to an experiment -ROSA – launched to the ISS on another Cargo Dragon in 2017.
As the name implies, unlike virtually all other modern spacecraft solar arrays, which generally unfold as a number of flat panels, ROSA is flexible and deploys by unrolling. In theory, that allows for superior packing density to fit more power generation capacity in any given space-constrained launch. Indeed, many modern flagship communications satellites have begun to utilize roll-out solar arrays to expand their power supplies.
At the scale of the new ISS arrays, ROSA’s benefits are less clear, but improvements in solar cell efficiency still mean that six smaller iROSA arrays will be comparable to the ISS’ eight current solar wings.
While massive in their deployed state, each of the original eight ISS solar wings weigh approximately 1100 kg (2400 lb) and initially generated up to 31 kilowatts of power. Each iROSA will weigh around 690 kg (~1550 lb) at liftoff and generate a maximum of 20 kW – offering an almost identical mass efficiency of ~35 kg per kW as the existing arrays. Those new solar arrays will partially interfere with the station’s older arrays but both sets will continue to work, ultimately improving ISS power generation capabilities by 20-30%.
All six arrays will launch on Cargo Dragon missions CRS-22, CRS-25, and CRS-26, likely completing the ISS solar upgrade sometime in Q4 2022. iROSA will be one of the heaviest unpressurized payloads ever launched as cargo on a SpaceX Dragon spacecraft.
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
