News
SpaceX continues water landing test in latest Space Station resupply mission
SpaceX has completed their second launch in less than four days, and the company’s 14th Cargo Dragon mission has successfully made it to a safe parking orbit where it will make its way to the International Space Station over the next two days.
Carrying nearly 5,800 pounds of perishables, experiments, and scientific equipment to be bolted to the outside of the ISS, this particular Cargo Dragon flew once before in 2016, while the booster that lifted it above Earth’s thin atmosphere was tasked with launching CRS-12 in August 2017. According to Jessica Jensen, SpaceX’s Director of Dragon Mission Management, this particularly Dragon capsule was the first to fly with upgraded water sealing, meaning that it was considerably easier (and thus cheaper) for SpaceX to refurbish and refly. The only items that had to be replaced this time around were the heatshield, trunk, and parachutes, and this experience will undoubtedly translate into Dragon 2 (Cargo Dragon), likely ensuring exceptional reuse characteristics for that the company’s next-gen capsule.
- CRS-8 also happened to mark the first successful ASDS recovery of a Falcon 9 booster. (SpaceX)
- Booster 1039 lands after successfully launching CRS-12’s Cargo Dragon into orbit. 1039 completed its final mission on Monday afternoon, April 2. (SpaceX)
Sadly, CRS-14’s doubly flight-proven launch also marked yet another expended booster – B1039 happened to be the first Block 4 version of Falcon 9’s stage to fly a mission. Jensen described that SpaceX – accustomed to making these decisions on a case-by-case basis – had chosen to expend this particular booster after concluding that the benefits of testing extreme booster trajectories and recovery profiles outweighed the difficulty (and cost) of refurbishing a Block 4 booster for a third launch. In this case, B1039 would have been the best option if SpaceX had any desire to fly a booster more than twice before the introduction of the purpose-driven, next-generation Block 5 reusability upgrade – Block 4 was clearly not built to fly more than twice without an uneconomical amount of refurbishment.
https://twitter.com/_TomCross_/status/980912458280947722
While no specific details were given and live coverage shown of the soft-landing, it’s presumed that B1039 continued in the footsteps of water landings that followed GovSat-1 and Hispasat 30W-6 in January 2018 and March 2018. These uniquely aggressive landing attempts are all believed to have ignited three Merlin 1D engines rather than the single engine typically ignited for landing burns, providing a more efficient use of propellant reserves at the cost of extreme acceleration (G) forces and far slimmer margins of error. The ultimate promise of these tests, if successful, is to allow SpaceX the option of recovering boosters during missions with heavier payloads and higher orbits.

SpaceX continues a cautious regiment of tests for the newest Falcon 9 upgrade, Block 5. (Reddit /u/HollywoodSX)
The imminent NET April 24 inaugural launch of SpaceX’s rapid reuse Falcon 9 “Block 5” will mark the beginning of a new era of rocketry for SpaceX, where expendable missions are likely to become a rarity. Expending a single Block 5 booster could fairly be perceived as throwing away the potential revenue and income from anywhere from 5-100 future re-flights. As such, SpaceX has every reason to expend non-Block 5 boosters with the hope of ensuring that fewer new-generation rockets end up expended after launch.
This rocket was meant to test very high retrothrust landing in water so it didn’t hurt the droneship, but amazingly it has survived. We will try to tow it back to shore. pic.twitter.com/hipmgdnq16
— Elon Musk (@elonmusk) January 31, 2018
Intriguingly, Jensen also noted in a prelaunch briefing that SpaceX’s Cargo Dragons are certified for as many as three orbital reuses – a possibility as SpaceX steps towards completing all 20 of its contracted CRS-1 missions, the final five of which are scheduled to resupply the ISS between now and early 2020. After the final CRS-1 launch, NASA has already awarded SpaceX and Orbital ATK contracts for CRS-2, a second Commercial Resupply Services contract that will begin in 2020 and fly on OATK’s upgraded Cygnus and SpaceX Dragon 2, potentially repurposing recovered Crew capsules in the case of SpaceX.
Up next on the SpaceX calendar are a number of conferences and presentations over the next two or three weeks, followed by SpaceX NASA TESS mission on April 16 and the debut of Falcon 9 Block 5 for the launch of Bangabandhu-1, April 24. SES-12 may be launched sometime in early May or late April, and the next West coast launch of Iridium-6/GRACE-FO is expected to occur NET May 10.
- CRS-14. (Tom Cross)
- CRS-14. (Tom Cross)
- CRS-14. (Tom Cross)
- CRS-14. (Tom Cross)
- CRS-14. (Tom Cross)
- CRS-14. (Tom Cross)
- CRS-14. (Tom Cross)
- SpaceX technicians work at the base of Falcon 9 B1039 ahead of launch, CRS-14. (Tom Cross)
- CRS-14. (Tom Cross)
- CRS-14. (Tom Cross)
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News
Tesla Cybercab gets a for sale date at last
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Elon Musk
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Investor's Corner
Tesla reports Q3 Earnings today: here’s what to expect
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.











