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SpaceX expands facility in Cape Canaveral, gears up for “extremely high rate” of launch-and-land missions
SpaceX will be moving into a 53,360-square-foot facility in Port Canaveral, Florida on April 1 that will be designated for the refurbishing of rockets for reuse. The Elon Musk-led space company has taken on a 5-year lease of the facility located just north of the port at 620 Magellan Road.
Speaking before the Canaveral Port Authority Wednesday, SpaceX Senior Director of Launch Operations Ricky Lim said that the company plans “to launch and land at an extremely high rate going forward,”.
We recently reported that a landing-assist robot named “Optimus Prime” was spotted on SpaceX’s “Of Course I Still Love You” drone ship located on a barge near the port. The drone ship serves as the landing pad for rocket boosters returning from space, and will be stationed just 2,000 feet away from the new facility after returning from sea. Though Lim did not comment on the recently spotted drone ship robot, he spoke generally about the intended purpose for the upcoming facility. “This facility is going to be a key to our future success in this very important hardware throughput model for us,” said Lim. “We’re going to have a very busy 2017.”
Recovering and reusing rockets after launch is one of the core principals of SpaceX. By having a rocket refurbishing facility near the recovery site, SpaceX will no longer need to transport rocket boosters to a refurbishing and testing facility located in Texas.
Come April 1, SpaceX will be building out processes to facilitate “a quick trip to outer space,” said Lim. The company also has plans to build an adjacent 44,000-square-foot hangar on a 4-acre parcel of land near the facility.
-->Combining the use of SpaceX’s Optimus Prime robot that will presumably assist with stabilization of Falcon 9 landings and transportation off the drone ship, the company aims to fully automate the launch and recovery process. Having an automated process will reduce the amount of preparation time needed between rocket launches and allow SpaceX to accelerate its goal of making commercial space flight affordable.
“[SpaceX] has opened the door for us to be more involved in the space industry,” said Canaveral Port Authority Secretary and Treasurer Jerry Allender on Wednesday via Florida Today. “It’s exciting for us. It’s exciting for the people of Brevard County because the economic benefits are going to be tremendous.”
SpaceX is expected to launch a previously used Falcon 9 booster as early as March 29, when it attempts to launch the SES-10 commercial communications satellite from Kennedy Space Center. The booster will attempt its second landing onto a floating drone ship at sea, before being transported back to the port.
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Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
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Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
