News
SpaceX, NASA schedule back-to-back astronaut recovery and launch after delays
Poor winter weather on Florida’s East Coast and across the Atlantic Ocean has forced NASA and SpaceX to flip the nominal sequence of events for the imminent back-to-back launch and recovery of two Crew Dragons.
Contrary to preference, SpaceX and NASA’s four Crew-2 astronauts are now scheduled to undock from the International Space Station (ISS) and return to Earth before their replacements (Crew-3) launch to the station. As a result, there will be no on-orbit handoff, meaning that only one NASA astronaut – Mark Vande Hei – will be left alongside cosmonauts Anton Shkaplerov and Pyotr Dubrov to crew and operate the US segment of the ISS until Crew-3’s arrival.
After several delays from an initial October 30th target, Crew-3 astronauts Raja Chari, Thomas Marshburn, Matthias Maurer, and Kayla Barron are scheduled to ride Falcon 9 and Crew Dragon to orbit no earlier than (NET) 9:03pm EST, Wednesday, November 10th (02:03 UTC 13 Nov) – two days after Crew-2 is expected to splash down.
Save for a one-day delay from October 30th to October 31st needed to give SpaceX and NASA time to qualify a fixed plumbing leak for crewed spaceflight, all subsequent delays into November have been caused by poor weather – a rather common late fall and winter occurrence in the Atlantic Ocean and southern US. The weather isn’t entirely to blame, though. Crew Dragon, SpaceX, and NASA are also partly responsible due to the extremely strict and narrow range of weather conditions the spacecraft has been certified to operate in.
Worse, a large portion of Dragon’s weather constraints are for hypothetical abort scenarios rather than the nominal launch – not “is it safe to launch?” but “is it safe to launch if something fails catastrophically and Dragon aborts and has to splash down anywhere in a several-dozen-mile corridor stretching the entire length of the Atlantic?” In the case of Crew-3’s launch, the main condition making that vast abort zone a no-go for launch is surface winds.
While aborting an expensive, time-sensitive rocket launch due to ground winds might bring to mind some kind of storm with vast swells and torrential rain, the reality is that NASA has only rated Crew Dragon to splash down when surface winds are less than 8-11 mph (13-18 km/h). In other words, the conditions causing 10+ days of delays and leading NASA to leave a skeleton crew at the space station’s US segment amounts to a firm breeze. There are likely many reasons (most hopefully good) for that highly conservative limit but ultimately, it means that NASA’s Crew Dragon missions will almost always be at risk of weather delays both going up and coming down.
As if to emphasize that fact, winds in the Gulf of Mexico, on the opposite side of Florida, also caused NASA to delay SpaceX’s Crew-2 departure and splashdown from November 6th/7th to November 8th, raising the risk of more Crew-3 delays or another complex schedule conflict if conditions force another change. A minor issue with Dragon’s toilet discovered during Inspiration4 and fixed on Crew-3’s ride to space will preclude its use during Crew-2’s 11-hour trip home, but that change should be barely noticeable to professional astronauts that are required to wear diapers as a precaution regardless. Otherwise, throughout the delays, Falcon 9 B1067, Crew-3 Dragon C210, and Crew-2 Dragon C206 have all thankfully remained healthy and ready to go.
Crew-2 is scheduled to undock from the ISS around 2pm EST (17:00 UTC) on November 8th and could splash down as early as 10:33 pm (03:33 UTC) – less than nine hours later.
News
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario.
Wedbush analyst Dan Ives is doubling down on Tesla’s (NASDAQ:TSLA) long-term upside. In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario, thanks to the company’s efforts to develop and push its artificial intelligence programs.
An aggressive valuation upside
Ives, Wedbush’s global head of tech research, stated in his post that Tesla is entering a pivotal period as its autonomy and robotics ambitions move closer to commercialization. He expects Tesla’s market cap to reach $2 trillion in 2026, representing roughly 33% upside from current levels, with a bull case up to a $3 trillion market cap by year-end.
Overall, Ives noted that 2026 could become a “monster year” for TSLA. “Heading into 2026, this marks a monster year ahead for Tesla/Musk as the autonomous and robotics chapter begins. We believe Tesla hits a $2 trillion market cap in 2026 and in a bull case scenario $3 trillion by end of 2026… as the AI chapter takes hold at TSLA,” the analyst wrote.
Ives also reiterated his “Outperform” rating on TSLA stock, as well as his $600 per share price target.
Unsupervised Full-Self Driving tests
Fueling optimism is Tesla’s recent autonomous vehicle testing in Austin, Texas. Over the weekend, at least two Tesla Model Ys were spotted driving on public roads without a safety monitor or any other occupants. CEO Elon Musk later confirmed the footage of one of the vehicles on X, writing in a post that “testing is underway with no occupant in the car.”
It remains unclear whether the vehicle was supported by chase cars or remote monitoring, and Tesla has not disclosed how many vehicles are involved. That being said, Elon Musk stated a week ago that Tesla would be removing its Safety Monitors from its vehicles “within the next three weeks.” Based on the driverless vehicles’ sightings so far, it appears that Musk’s estimate may be right on the mark, at least for now.
News
Production-ready Tesla Cybercab hits showroom floor in San Jose
Tesla has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements.
Tesla has showcased what appears to be a near-production-ready Cybercab at its Santana Row showroom in San Jose, California, giving visitors the closest look yet at the autonomous two-seater’s refined design.
Based on photos of the near-production-ready vehicle, the electric vehicle maker has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements, making the vehicle look more polished and seemingly more comfortable than its prototypes from last year.
Exterior and interior refinements
The updated Cybercab, whose photos were initially shared by Tesla advocate Nic Cruz Patane, now features a new frameless window design, an extended bottom splitter on the front bumper, and a slightly updated rear hatch. It also includes a production-spec front lightbar with integrated headlights, new wheel covers, and a license plate bracket.
Notably, the vehicle now has two windshield wipers instead of the prototype’s single unit, along with powered door struts, seemingly for smoother opening of its butterfly doors. Inside, the Cybercab now sports what appears to be a redesigned dash and door panels, updated carpet material, and slightly refined seat cushions with new center cupholders. Its legroom seems to have gotten slightly larger as well.
Cybercab sightings
Sightings of the updated Cybercab have been abundant in recent months. At the end of October, the Tesla AI team teased some of the autonomous two-seater’s updates after it showed a photo of the vehicle being driven through an In-N-Out drive-through by employees in Halloween costumes. The photos of the Cybercab were fun, but they were significant, with longtime Tesla watchers noting that the company has a tradition of driving its prototypes through the fast food chain’s drive-throughs.
Even at the time, Tesla enthusiasts noticed that the Cybercab had received some design changes, such as segmented DRLs and headlamps, actual turn signals, and a splitter that’s a lot sharper. Larger door openings, which now seem to have been teasing the vehicle’s updated cabin, were also observed at the time.
Investor's Corner
Tesla analyst realizes one big thing about the stock: deliveries are losing importance
Tesla analyst Dan Levy of Barclays realized one big thing about the stock moving into 2026: vehicle deliveries are losing importance.
As a new era of Tesla seems to be on the horizon, the concern about vehicle deliveries and annual growth seems to be fading, at least according to many investors.
Even CEO Elon Musk has implied at times that the automotive side, as a whole, will only make up a small percentage of Tesla’s total valuation, as Optimus and AI begin to shine with importance.
He said in April:
“The future of the company is fundamentally based on large-scale autonomous cars and large-scale and large volume, vast numbers of autonomous humanoid robots.”
Almost all of Tesla’s value long-term will be from AI & robots, both vehicle & humanoid
— Elon Musk (@elonmusk) September 11, 2023
Levy wrote in a note to investors that Tesla’s Q4 delivery figures “likely won’t matter for the stock.” Barclays said in the note that it expects deliveries to be “soft” for the quarter.
In years past, Tesla analysts, investors, and fans were focused on automotive growth.
Cars were truly the biggest thing the stock had to offer: Tesla was a growing automotive company with a lot of prowess in AI and software, but deliveries held the most impact, along with vehicle pricing. These types of things had huge impacts on the stock years ago.
In fact, several large swings occurred because of Tesla either beating or missing delivery estimates:
- January 3, 2022: +13.53%, record deliveries at the time
- January 3, 2023: -12.24%, missed deliveries
- July 2, 2024: +10.20%, beat delivery expectations
- October 3, 2022: -8.61%, sharp miss due to Shanghai factory shutdown
- July 2, 2020: +7.95%, topped low COVID-era expectations with sizeable beat on deliveries
It has become more apparent over the past few quarters that delivery estimates have significantly less focus from investors, who are instead looking for progress in AI, Optimus, Cybercab, and other projects.
These things are the future of the company, and although Tesla will always sell cars, the stock is more impacted by the software the vehicle is running, and not necessarily the vehicle itself.
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
Production-ready Tesla Cybercab hits showroom floor in San Jose
