News
SpaceX test emergency egress drills ahead of upcoming crew mission
NASA and SpaceX are progressing full steam ahead to an epic launch of the crewed Dragon spacecraft. Known as Demo-2, the mission is estimated to blast off in mid-to-late May, marking the first-ever flight of the Dragon with astronauts on board.
As part of that historic mission, two NASA astronauts — Doug Hurley and Bob Behnken — will launch to the International Space Station, where they will spend a still to be determined amount of time. The mission, deemed critical by NASA, is progressing as planned despite the coronavirus outbreak that’s spreading across the country.

To that end, NASA and SpaceX personnel, along with the crew, practiced essential safety drills and launch day procedures at the space agency’s Kennedy Space Center in Florida. SpaceX’s Crew Dragon capsule, and its Falcon 9 launcher, are equipped with numerous safety features designed to protect astronauts in the event of an emergency. And NASA wants to make sure they work.
One system — known as a launch escape system — was recently tested in-flight, proving that if something is wrong with the Falcon, the crews can be whisked away to safety by Dragon. But what if something goes wrong on the launch pad? The launchpad is equipped with a zipline that can be used to whisk astronauts quickly back to the ground should an emergency happen.
On April 3, @NASA and @SpaceX conducted an emergency egress exercise at Launch Complex 39A at @NASAKennedy.
This demonstration was completed to ensure the crew & support teams can quickly evacuate from the launch pad in the unlikely event of an emergency: https://t.co/5xYN51WHGp pic.twitter.com/75LTRoyMKA
— NASA Commercial Crew (@Commercial_Crew) April 7, 2020
On Friday (April 3), SpaceX and NASA completed an important test of that system. Teams simulated an “emergency egress”, running through a series of steps designed to transport the astronauts off the pad, and ensure their safety in the event that a serious problem crops up prior to liftoff.
“Teams rehearsed locating injured personnel on the 265-foot-level of the launch tower, loading them into the pad’s slidewire baskets and safely descending the tower, then successfully loading the injured participants into Mine Resistant Ambush Protected (MRAP) vehicles staged at the pad perimeter,” NASA officials wrote in an update.
This follows a series of simulations that the teams ran last month. They gathered in Firing Room 4, SpaceX HQ, and Johnson Space Center to run through launch simulations, ensuring the crew and launch control teams were ready for anything on the day of launch.
The flight is one for the history books as it marks the return of human spaceflight from U.S. soil since 2011. When the space shuttle program ended, NASA and other agencies around the world relied solely on Russia to ferry their astronauts to and from space. But that was only temporary as NASA turned to private companies to build its next generation of space taxis in 2014.

Ever since, the agency’s two contractors, SpaceX and Boeing, have worked to build its own version of an astronaut transport. Following a successful uncrewed test flight, SpaceX’s Crew Dragon capsule will be the first to launch astronauts for NASA. If this mission goes well, the California-based spaceflight company will be certified to launch astronauts on a regular basis.
NASA astronaut Shannon Walker has been assigned to the first operational crewed flight of @SpaceX's Crew Dragon, bound for the @space_station!
Pending a successful Demo-2 test, Walker, @Astro_illini, @VicGlover and @Astro_Soichi will launch this year. https://t.co/eYUN1Zt6Y0 pic.twitter.com/Fi4hCEZV3W
— NASA's Johnson Space Center (@NASA_Johnson) March 31, 2020
It’s first crew of four people — NASA astronauts Michael Hopkins, Victor Glover Jr., and Shannon Walker and Japanese astronaut Soichi Noguchi — are set to fly later this year or the beginning of 2021, if all goes as planned.
Boeing completed its uncrewed test flight in December of last year; however, its capsule experienced an inflight anomaly and was unable to reach the space station. Following an extensive review, Boeing has decided to repeat its uncrewed test flight before it launches people. That flight is expected for some time this fall.
News
Ferrari Luce sold out for 2027 after design controversy
Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.
Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”
First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.
The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.
It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).
Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.
Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.
Ferrari unveils its Luce EV, and its reception has been a disaster
Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.
Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.
Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.
One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Investor's Corner
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($TSLA)
Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.
The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.
The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.
Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.
Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.
For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.
Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.
SpaceX ($SPCX)
SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.
Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.
At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.
For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.
A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.
While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.
News
Tesla registrations in Germany nearly quadruple in October
Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.
The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.
Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.
🇩🇪 Tesla’s new registrations in Germany nearly quadrupled in October, according to KBA data.
October: 2,932 units, +290.9% YoY Jan–Oct: 47,742 units, +206.1%
Germany’s overall BEV market grew 79.5% to 94,086 units last month. https://t.co/GMwNqsFAOC
— TESLARATI (@Teslarati) November 4, 2026
Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.
Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.
The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.
The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.
Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.