

News
SpaceX CEO Elon Musk teases Starship flight debut details, reveals presentation date
Speaking on August 28th, CEO Elon Musk says that SpaceX’s first Starship flight test(s) could occur as early as October 2019, in line with a late-July estimate that pegged the milestone at 2-3 months out.
Under construction in Cocoa, Florida and Boca Chica, Texas, SpaceX’s duo of orbital-class Starship prototypes have made immense progress in the last two or so months, part of a (hopefully friendly) internal competition to be first to flight and first to orbit. Elon Musk has been planning to present an updated overview on the next-generation SpaceX launch vehicle, originally expected in August before a variety of factors pushed it into September. Musk says that presentation is now scheduled no earlier than (NET) September 28th.
Musk has previously described the highly-anticipated update as a technical overview of the decision-making process that has lead SpaceX to replace Starship’s composite design with stainless steel, among many other changes the rocket has undergone in the last 6-12 months. Aside from the obvious, Musk recently revealed that Starship’s fins/legs/wings also had to be modified from the tripod fin/canard setup shown in SpaceX’s September 2018 design update.
The first of Starship Mk1’s (Texas) landing fins or canards arrived in Boca Chica in mid-August, followed soon after by what appeared to be header tanks (smaller internal tanks for landing propellant), and what has been described as “the guts of Starship”. Although SpaceX’s Starship Mk2 (Cocoa, FL) team was forced to pause work for several days as a result of the incoming Hurricane Dorian, work in Texas has proceeded unabated and continues around the clock with two or three shifts.
Starship Mk1’s triple-Raptor thrust structure was installed inside the vehicle’s tank section several weeks ago. Workers are now in the process of installing the Starship’s common bulkhead, a dome that will separate its liquid oxygen and methane tanks, and a third and final dome – the top of Starship’s LOx tank – is in the late stages of assembly.
In short, SpaceX’s Mk1 Starship continues to maintain an absolutely blistering pace of progress and could very well be ready in time for Musk’s proposed October flight debut, despite the fact that the CEO is more than a little infamous for his near-impossible deadlines and schedules.
Starship’s first flight
Musk says that Starship’s first flight – likely featuring the Mk1 vehicle – or a subsequent test flight could see the spacecraft prototype reach an altitude of 20 km (12 mi/~64,000 ft), indicating that SpaceX plans to transition into high-altitude, high-velocity testing as soon as possible.
Incredibly, Musk also stated that Starship’s inaugural orbital launch attempt could come “shortly thereafter”, an attempt that – according to previous statements from Musk – would demand the completion of the first Super Heavy booster, as well as the 20+ Raptor engines it would require. Musk estimated that Raptor will reach orbital flight-readiness as early as October or November, while an orbital flight test before the end of 2019 would technically mesh with his late-July estimate of December/January.
Whether or not SpaceX manages to achieve that almost unbelievably ambitious target, it seems entirely plausible that – barring unforeseen developments – Starship Mk1 and Mk2 will be ready for flight testing well before the end of 2019. Stay tuned for updates as Starship assembly continues in Texas and Florida.
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Investor's Corner
Tesla Q3 2025 earnings: What analysts expect
The automaker delivered a record 497,099 vehicles and logged its highest-ever energy storage sales in Q3 2025.

Tesla’s (NASDAQ:TSLA) Q3 2025 earnings, which would be released after markets close today, could prove to be a test of confidence for the company’s shareholders.
The automaker delivered a record 497,099 vehicles and logged its highest-ever energy storage sales, but analysts noted that these gains might have come at a cost.
Record vehicle deliveries
Tesla’s profit per share is expected to fall about 25% year over year to around $0.53–$0.55, even as revenue rises from 4% to 6%, as noted in a report from Market Pulse. Analysts noted that Tesla’s record quarter was partly fueled by buyers rushing to complete purchases before the U.S. federal EV tax credit expired in September, a surge that could dampen Q4 demand. The company also dipped into its inventory to reach the record delivery number.
Analysts expect automotive gross margin (excluding regulatory credits) to land between a conservative 16.5% and 17%. This suggests that a good portion of Tesla’s Q3 delivery growth came from aggressive price cuts. If margins fall below 16.5%, it could hint at more cost pressures that the company would have to handle in the coming months.
Tesla’s Energy segment, meanwhile, is expected to act as a stabilizer. The business deployed 12.5 GWh of storage in Q3, driven by strong demand from AI data centers. Analysts expect this high-margin division to partially cushion the hit from the automaker’s thinner car profits.
AI, FSD, and Musk’s role
Tesla’s lofty valuation, trading about 17% above the average analyst consensus of $365, would likely depend heavily on investor belief in its AI and robotics initiatives. Industry watchers have stated that management must deliver credible updates on Full Self-Driving and the Robotaxi program to help justify the company’s current valuation.
Elon Musk’s proposed 2025 CEO Performance Award, which proxy advisors have urged shareholders to reject, would likely be discussed in the Q3 2025 earnings call has well. Musk has hinted that a failed vote could jeopardize Tesla’s AI strategy, making the company’s upcoming results quite crucial for market confidence.
Investor's Corner
Tesla Board Chair defends Elon Musk’s pay plan, slams proxy advisors
The letter comes ahead of Tesla’s 2025 Annual Meeting, where shareholders will vote on several key proposals.

Tesla Chair Robyn Denholm has issued a strongly worded letter urging investors to reject the latest recommendations from proxy advisory firms ISS and Glass Lewis, saying their “one-size-fits-all” approach fails to recognize Tesla’s unique business model and track record.
The letter comes ahead of Tesla’s 2025 Annual Meeting, where shareholders will vote on several key proposals including Elon Musk’s 2025 CEO Performance Award and director reelections.
Tesla slams proxy advisors’ models
Denholm criticized both firms for consistently opposing Tesla’s growth-oriented plans, noting that the company’s market capitalization has increased twentyfold since shareholders approved Musk’s 2018 performance package, which both advisors had opposed at the time.
“Our shareholders have ignored their recommendations, and it’s a good thing they did,” she wrote. “Otherwise, you may have missed out on our market capitalization soaring 20x while the proxy advisors time and time again recommended “against” Tesla proposals designed to promote the sort of extraordinary growth we have enjoyed.”
The letter argued that Glass Lewis and ISS use robotic policies that don’t account for Tesla’s innovation-driven structure. Tesla’s leadership maintained that the 2025 CEO Performance Award will only reward Musk if he achieves extraordinary market capitalization and operational goals. The plan, Denholm stated, aligns Musk’s incentives with long-term shareholder interests.
Tesla defends board leadership
Denholm also defended directors Ira Ehrenpreis and Kathleen Wilson-Thompson, calling them pivotal to Tesla’s governance and innovation strategy. She said both have driven Tesla’s growth and helped design compensation systems vital to competing in the AI and robotics talent race.
She warned that following ISS and Glass Lewis could turn Tesla into “just another car company,” and urged shareholders to “vote yes to robots, and reject robotic voting.” The letter also highlighted that neither ISS nor Glass Lewis owns Tesla stock, emphasizing that only shareholders “who have made an actual financial investment” should decide the company’s direction.
“If you prefer that Tesla turn into just another car company mired in the ways of the past, then you should follow ISS and Glass Lewis. If you believe that Tesla, under the visionary leadership of Elon and the oversight of a Board that includes business leaders with integrity like Ira, Kathleen and Joe, then you should vote with Tesla,” Denholm wrote.
News
Tesla Model S and Model X make a comeback in Europe
The updates inside and under the surface of the new Model S and Model X are meaningful.

Tesla’s luxury flagships are making a comeback in Europe. After disappearing from Tesla’s online configurator in July, the Model S and Model X are once again available to order across the region.
Deliveries are set to begin in November, with the Model S priced from €109,990 and the Model X starting at €114,990. The update brings improved comfort, reduced cabin noise, and efficiency improvements to the two veteran EVs.
A subtle refresh
Tesla’s design team made only light exterior changes, but the updates inside and under the surface of the new Model S and Model X are meaningful. The refreshed Model S and Model X now feature upgraded insulation, enhanced active noise cancellation, and retuned air suspension to make the ride smoother and quieter.
New 19- or 21-inch wheels and ambient interior lighting add a subtle modern touch to the two flagships, while the Model X’s third-row seating has been improved with more space for occupants, Tesla Europe and Middle East noted in a post on X.
Both vehicles gained adaptive headlights, blind-spot warning lights, and a standard front camera. Efficiency has also improved thanks to new aerodynamic rims and low-rolling-resistance tires. The Model S now boasts a WLTP range of 744 kilometers, while the heavier Model X can travel up to 600 kilometers on a single charge.
Tesla’s performance flagship
The Model S Plaid, Tesla’s performance flagship, benefits from deeper upgrades in this cycle. The vehicle now features a redesigned front fascia and a new front splitter. Its rear aprons have also been updated, and it has been given a carbon rear spoiler and diffuser to enhance high-speed stability.
Underneath, the drive rotors receive carbon sleeves for better performance under extreme loads. The Plaid sprints from zero to 100 kph in just 2.1 seconds and can reach 322 kph with optional ceramic brakes, while maintaining an impressive 611-kilometer range. Considering its performance figures, the Model S Plaid has once again become the market’s best bang-for-the-buck flagship performance car.
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