News
SpaceX nails second Falcon 9 landing in 48 hours, fairing catch foiled by weather
Just a handful of days after SpaceX’s second-ever successful launch and landing of their upgraded Falcon 9 Block 5, the company has completed the same feat on the opposite side of the United States, debuting the Block 5 rocket with a launch and booster recovery from California’s Vandenberg Air Force Base (VAFB).
The booster in question, Falcon 9 B1048, is the third Block 5 booster to roll off of SpaceX’s Hawthorne, CA assembly line and is now the first Block 5 rocket to launch from the company’s California launch facilities. On the opposite coast, SpaceX’s second Block 5 Falcon 9 booster (B1047) completed its own successful launch and landing, lofting the heaviest commercial satellite to ever reach orbit (Telstar 19V).
While weather during camera setup was absolutely spectacular, the predawn launch window meant that no sun was available to force the ever-present VAFB fog back over the ocean. (Pauline Acalin)
Seven months, fourteen launches
Today’s near-flawless predawn mission saw Falcon 9 place 10 Iridium NEXT satellites in a polar Earth orbit, during which the rocket’s Block 5 booster completed the first landing on Just Read The Instructions in nearly ten months and Mr Steven made his first attempt at catching a parasailing Falcon fairing with his massive net and arms upgrades. Those upgrades, tracked tirelessly by Teslarati photographer Pauline Acalin for the better part of July, took barely a month to go from a clean slate (old arms and net fully uninstalled) to operational, fairing-catching status, an ode to the incredible pace at which SpaceX moves.
Sadly, the vessel’s Iridium-7 fairing catch attempt was sullied from the start by inclement weather – primarily wind shear – that significantly hampered the accuracy of each fairing halve’s parafoil guidance, meaning that Mr Steven’s crew did see the parasailing halves touch down, but too far away to catch them in Mr Steven’s large net. Falcon 9 B1048 had its own difficulties thanks to what engineer and webcast host John Insprucker described as “the worst weather [SpaceX] has ever had” for a Falcon booster landing. Nevertheless, Falcon 9 appeared to stick an off-center but plenty accurate landing aboard drone ship JRTI, although SpaceX technicians are likely going to wish they had the same robotic stage securer located aboard OCISLY on the opposite coast.
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- Just a hint of fog at liftoff. (SpaceX)
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- Onboard cameras thankfully came in clutch, providing an absolutely extraordinary view of most phases of launch. (SpaceX)
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- After MECO and S2 ignition, there were some ethereal plume interaction effects caught on Falcon 9’s onboard cameras. (SpaceX)
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- Also Earth’s limb from inside B1048’s interstage. (SpaceX)
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- And more unbelievable plume interaction… (SpaceX)
Just Read The Instructions, on the other hand, was similarly tracked but primarily to verify that nothing was happening – the vessel’s last operational trip to the Pacific Ocean dates back to the first half of October 2017. Since then, SpaceX began a process of intentionally expending Falcon 9 boosters that had already flown once before, choosing to essentially start from scratch with a fresh fleet of highly reliable and reusable Falcon 9 Block 5 boosters rather than recover older versions of the rocket and attempt to refurbish them beyond the scope of their designed lifespans.
The Block 5 design, however, has taken the countless lessons-learned from flying and reflying previous versions of Falcon 9 and rolled them all into one (relatively) final iteration of the ever-changing rocket. With any luck and at least a little more iteration, Falcon 9 Block 5 boosters should be capable of launching anywhere from 10 to 100 times, 10 times with minimal or no refurbishment and 100 times with more regular maintenance, much like high-performance jet aircraft do today.
Looks good, but so many details need to be right. Journey back from hypersonic becomes extremely difficult as velocity increases. Altitude is easy, velocity is hard.
— Elon Musk (@elonmusk) July 23, 2018
With three successful launches of new Block 5 boosters now under the new version’s belt, it’s safe to say that the rocket is off to an extremely good start. The most important milestones to watch for over the next several weeks and months will be the first reflight of a recovered Block 5 rocket, the first reuse of a Falcon 9 payload fairing, and then the first third/fourth/fifth/etc. reuse of Block 5 booster. On the horizon, of course, is SpaceX CEO Elon Musk’s challenge to launch a Falcon 9 Block 5 booster two times in less than 24 hours, and do so before the end of 2019.
2018: I’m watching a livestream of a rocket sending satellites to orbit and then landing on a droneship in the ocean — while watching the company’s other droneship return to port with a rocket that did the same thing on the opposite side of the country three days ago. pic.twitter.com/wWA8ZCBAeY
— John Kraus (@johnkrausphotos) July 25, 2018
Roughly 3,000 miles to the East, SpaceX’s just-recovered Florida Block 5 booster wrapped up a picture-perfect arrival in Port Canaveral aboard drone ship Of Course I Still Love You at the exact same time as another Block 5 rocket was launching (and landing) on the opposite coast.
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet (including fairing catcher Mr Steven), check out our brand new LaunchPad and LandingZone newsletters!
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.
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.
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.
Tesla Cybercab gets a for sale date at last
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
