News
SpaceX fairing recovery vessel Mr. Steven’s owner abruptly files for bankruptcy
The legal owners of SpaceX’s sole fairing recovery vessel are in dire financial straits, signaled by business owner Steven Miguez’s decision to file for bankruptcy as a last chance of protecting Seatran Marine, a company which owns and leases eight utility vessels known as crew boats.
Mr. Steven, leased by SpaceX in late 2017, is one of those crew boats, although he has since been dramatically modified to support a series of consecutively larger arms, nets, and other various components in hopes of eventually catching Falcon 9 payload fairings out of the air. While there is most likely no serious risk of SpaceX actually losing access to Mr. Steven, this development still raises the question of what will happen to the ship in the near and more distant future.
The bankruptcy paperwork filed is chapter 11 – "proposing a plan of reorganisation to keep a business alive." The paperwork protects Mr Steven from foreclosure for now so there is no immediate change to anything.
— Gav Cornwell (@SpaceOffshore) November 21, 2018
As indicated in the tweet above, the ultimate outcome – at least for the time being – is simple uncertainty, as Chapter 11 bankruptcy filings will prevent Miguez from having to foreclose on Mr. Steven in the short term. If the Miguez family can rapidly find a solution for its money troubles, all could proceed unchanged. However, with all due respect to the owners and to Seatran Marine’s employees, Chapter 11 bankruptcy simply is not easily undone and is generally a last resort to be used only after all alternative solutions have been exhausted. Chapter 11 bankruptcy proceedings can take anywhere from a few months to several years to complete, tending to take longer as the scale and complexity of the filing party grows.
Making the best of a bad situation
Leased by Seatran to operator Guice Offshore (GO), SpaceX’s primary fleet manager on both coasts, GO (and thus SpaceX) had contracted to pay at least $3300 a day to use Mr. Steven, although that contract expired in October 2018. The new terms are unclear and it’s unknown if a replacement contract has yet to be signed.
Given the situation at hand and despite the sad financial circumstances facing the vessel’s owners, SpaceX may be in the best position yet to purchase Mr. Steven outright, assuming the company expects to continue attempting Falcon fairing recoveries for the indefinite future. In 2015, namesake Steven Miguez took out a $22.5M loan to cover Mr. Steven’s construction costs, offering a rough price ceiling for the modern, high-performance Fast Supply Vessel (FSV). While the most obvious interested buyer would be GO itself, it’s unlikely that the company has a sum of that size to offer, meaning that GO would need to take out its own loan to acquire the ship.
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- Mr. Steven took to sea to test out a new recovery-related appendage – purpose unknown – on November 12. (Pauline Acalin)
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- After an afternoon attempting to catch Falcon fairings dropped by a helicopter, Mr. Steven returned to port on Nov. 14. (Pauline Acalin)
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- (Pauline Acalin)
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- One half of SpaceX’s Iridium-6/GRACE-FO just moments before touchdown on the Pacific Ocean. (SpaceX)
SpaceX, on the other hand, quite literally just closed a debt funding round of $250M, terms unknown, leaving the company more than enough liquid capital to enable a cash transaction assuming there is some interest in becoming Mr. Steven’s legal owner. SpaceX already owns its two operational autonomous spaceport drone ships (ASDS) outright and has extensively modified Mr. Steven to support fairing recovery, quite literally building its prototype recovery apparatus around the rented vessel. As the vessel’s new owner, SpaceX could likely keep contracting to GO for general operations and support, perhaps even continuing to lease Mr. Steven to GO to create as few waves as possible.
By selling Mr. Steven outright, Miguez could likely acquire more than enough funds to preserve Seatran Marine and its subsidiaries long enough to recover his financial footing and return his companies to a stable state.
Business as usual?
In the meantime, it does not appear that these unfortunate legal issues have had a tangible impact on GO and SpaceX’s near-term ability to operate Mr. Steven. Around November 20th, SpaceX and GO crew performed the most recent of a series of Falcon fairing recovery tests, dropping a half from a helicopter to provide Mr. Steven a comparatively controlled environment to practice catches. Earlier this month, CEO Elon Musk appeared to imply that Mr. Steven would not attempt to catch Falcon 9’s fairing halves following the West Coast launch of SSO-A, at the time scheduled for November 19th.
Since then, SSO-A’s flight-proven Falcon 9 launch has slipped a full two weeks thanks to a combination of additional inspections and bad weather, now targeting launch NET December 2. It’s a stretch, but there is at least a slight chance that SSO-A’s excessive launch slips could mean that Mr. Steven will be able to attempt fairing recovery after all, at least per Musk’s suggestion that SpaceX would “try again next month”.
https://www.instagram.com/p/BqtGWFxADOk/
Tesla has launched a new color at Gigafactory Berlin in Germany, home of the company’s “world-class paint shop,” as Elon Musk once called it.
Bringing a new color to Tesla’s Model Y, there are now five available colors for those who will receive a vehicle from Gigafactory Berlin, with four of them being colors offered in other markets.
However, there is now one distinct color that is only available in Germany: Marine Blue.
🚨 Tesla has launched “Marine Blue” in select European countries
It is the third shade of blue Giga Berlin produces. It costs $1,500 pic.twitter.com/pVDWdNeBSJ
— TESLARATI (@Teslarati) October 10, 2025
Priced at €1,300, Marine Blue will cost the same as both Diamond Black and Stealth Grey, while Quicksilver and Ultra Red are available for double the price.
It is the third shade of blue Tesla offers across its lineup, as Deep Metallic Blue and Glacier Blue are also offered, but in other markets.
Tesla has routinely flexed Giga Berlin for having the most advanced paint shop throughout its factories, and it has produced some interesting colors over the past few years, some of which were truly awesome.
Tesla Giga Berlin is getting a world-class paint shop, new color ‘layers’ to come
In 2020, Musk said, “Giga Berlin will have the world’s most advanced paint shop, with more layers of stunning colors that subtly change with curvature.”
He also detailed the company’s plans to upgrade the Fremont and Shanghai paint shops. Gigafactory Texas was not yet unveiled. Tesla has worked to improve those facilities, especially in Fremont.
It was able to roll out the new Diamond Black color earlier this year.
However, Giga Berlin seems to remain the standard in terms of paint for Tesla. It routinely offers new colors.
For example, back in 2022, Tesla rolled out its familiar Quicksilver color for the Model Y, while also introducing Midnight Cherry Red, a color close to burgundy. However, the company chose to discontinue the color after determining internally that customers no longer wanted to buy it.
Midnight Cherry Red was removed as an option earlier this year, likely to make way for the development of the new Marine Blue.
News
Tesla Autopilot visualization gets big upgrade with tons of new additions
The AP visualization shows up on the center touchscreen and illustrates the surroundings of the cars. It has gotten better in recent years, as it is able to outline types of vehicles, pedestrians, animals, and more.
Tesla’s Autopilot visualization just got a big upgrade as the company added tons of new additions to what it will be able to render in terms of a vehicle’s surroundings.
The AP visualization shows up on the center touchscreen and illustrates the surroundings of the cars. It has gotten better in recent years, as it is able to outline types of vehicles, pedestrians, animals, and more.
Tesla just fixed a four-year-old bug with Full Self-Driving visualization
However, it still does not have every single application, and acquiring them will take some time. If an object or vehicle is visible to the vehicle but an accurate render is not available, the car will instead pick whatever is closest.
For example, I passed an Amish family yesterday in Lancaster, PA, and instead of illustrating the horse and carriage, it simply showed a small box truck.
In an effort to make the Autopilot and Full Self-Driving suites more robust and accurate, Tesla has added a substantial amount of vehicle renders, which will become available in the coming weeks.
The visualizations were found by Tesla hacker @greentheonly, who posted them on X.
The new visualization renders are:
- Ambulance
- Firetruck
- Garbage Truck
- Schoolbus
- European Semi Truck
- Golf Cart
- Person on a Scooter
- Person on a Skateboard
- Stroller
- Street Sweeper
- Three-Wheeler
- Trailer
- Train
- Tram
- Person in a Wheelchair
Here is an image with all of the Autopilot visualization renders:
Credit: Green
The visualization is a crucial part of manual operation and can be considered a distinct advantage that Tesla has over other companies.
It continues to be an effort that Tesla invests heavily in, as it keeps refining the suite and making it more robust with additional visualizations and animations.
Recently, it was revealed that Tesla is planning to utilize Unreal Engine for driver visualization to create a realistic depiction of the vehicle’s environment. Tesla has not yet confirmed this, but coding found with the Model S and Model X showed it could be coming in the near future.
Tesla dominated the sales figures for electric vehicles in the third quarter in the United States, but there was one disappointment: the Cybertruck.
As a whole, the EV industry benefitted from the loss of the $7,500 EV tax credit in Q3, which was something many expected. As the credit expired, consumers rushed to showrooms to take the credit and remove $7,500 from the purchase price of their new vehicle.
Will Tesla thrive without the EV tax credit? Five reasons why they might
It was a very interesting time for many companies as they scrambled to figure out how to push as many vehicles out the door as they could in preparation for the tax credit’s removal. In typical fashion, Tesla was able to top every manufacturer and secure a dominating portion of the overall market in Q3.
However, some other OEMs pulled out some surprises, including Chevrolet, Honda, and Ford, which managed to get two vehicles in the top 10, as many as Tesla.
Cox Automotive compiled the data in its Q3 Electric Vehicle Sales Report:
- Tesla Model Y – 114,897
- Tesla Model 3 – 53,857
- Chevrolet Equinox EV – 25,085
- Hyundai Ioniq 5 – 21,999
- Honda Prologue – 20,236
- Ford Mustang Mach-E – 20,177
- Volkswagen ID.4 – 12,470
- Audi Q6 e-tron – 10,299
- Ford F-150 Lightning – 10,005
- Rivian R1S – 8,184
10.5 percent of the automotive sales in the U.S. in Q3 were electric, a new record that surpasses that of Q3 2024, where the total share of sales for EVs was 8.6 percent.
Now, the disappointment that is evident from this list is the fact that there is no Tesla Cybertruck listed. That’s because it was the second-best-selling EV pickup on the market. The company sold 5,385 Cybertruck units in Q3.
The Cybertruck has been a vehicle that has confused many Tesla fans and owners, especially considering the company had such stratospheric expectations for the vehicle while it was in development. Reservation trackers had the truck sitting between one million and two million orders, but it has not lived up to that.
Pricing is the main issue with Cybertruck. Tesla introduced the pickup with Single, Dual, and Tri-motor configurations, priced at $39,990, $49,990, and $69,990. Those price points are simply a thing of the past.
🚨 Tesla Cybertruck was the second-best-selling EV pickup in Q3, Cox Automotive data shows.
It was only outsold by the Ford F-150 Lightning, which sold 10,005 units for the quarter.
Cybertruck had 5,385 sales. pic.twitter.com/Q2gnUbF6bk
— TESLARATI (@Teslarati) October 13, 2025
Tesla launches new color from Gigafactory Berlin
Tesla Autopilot visualization gets big upgrade with tons of new additions
Tesla dominates best-selling EVs in Q3, but there’s one disappointment
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