SpaceX’s Falcon Heavy successfully launched NASA’s Psyche spacecraft on Friday morning, completing the second-ever interplanetary mission for the rocket, with the first being the Tesla Roadster.
Liftoff officially happened at 10:19 A.M. EDT, as Falcon Heavy’s 27 first-stage Merlin engines launched NASA’s Psyche probe toward an asteroid under the same name. Psyche won’t reach the asteroid until July 2029, according to Space.com.
Liftoff of Falcon Heavy!
— SpaceX (@SpaceX) October 13, 2023
“This is the beginning of a suite of amazing science missions we have coming up on Falcon Heavy,” Julianna Scheiman, Director of Civil Satellite Missions at SpaceX, said during a post-launch briefing.
The probe will travel 2.2 billion miles over its six-year journey.
The spacecraft will now travel six years and ~2.2 billion miles to the asteroid Psyche, currently orbiting the Sun between Mars and Jupiter https://t.co/29bfT6fod2
— SpaceX (@SpaceX) October 13, 2023
The Launch
About 150 seconds after launch, Falcon Heavy’s side boosters cut their engines off, detached from the central core stage, and made their way back to Florida.
Four minutes after liftoff, the core booster shut down and separated from the Falcon Heavy’s second stage. This was responsible for carrying Psyche the rest of the way to orbital escape velocity, Space.com said.
The core booster was not saved as others have been in the past. Instead, SpaceX allotted maximum fuel as Psyche’s trajectory needed to be ensured. The core was destroyed and is in the sea.
By the eighth minute post-liftoff, Falcon Heavy’s side boosters activated their landing burns and touched down a few seconds later at SpaceX’s Landing Zones 1 and 2, which are “several miles downrange from Pad 39A.”
Falcon Heavy’s side boosters have landed pic.twitter.com/2yn0lpEkHt
— SpaceX (@SpaceX) October 13, 2023
It took just over 62 minutes for Psyche to be deployed from Falcon Heavy’s upper stage.
Psyche Asteroid
The Psyche Asteroid is one of the most metal-rich in our solar system, and NASA Science Mission Directorate Nicola Fox talked about the agency’s mission recently:
“Psyche is by far the largest, and that’s why we want to go to it because the smaller ones are more likely to have been changed by things impacting them, whereas the big one, we think, is going to be completely unchanged.”
The Psyche Asteroid measures 173 miles across and 144 miles long. Its exact appearance is unknown, but scientists know it’s covered in nickel and iron.
Once NASA’s Psyche probe reaches the asteroid, it will be responsible for 21 months of mapping and analyzing the surface.
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Elon Musk
Analyst: Elon Musk’s $1 trillion Tesla pay deal modest against robot market potential
Jonas highlighted Tesla’s longer-term ambitions in robotics as a key factor in his assessment.

Morgan Stanley analyst Adam Jonas, one of Wall Street’s most ardent Tesla (NASDAQ:TSLA) bulls today, has described Elon Musk’s newly proposed $1 trillion performance-based compensation package as a “good deal” for investors.
In a note shared this week, Jonas argued that the package helps align the interests of Musk and Tesla’s minority shareholders, despite its shockingly high headline number.
Future market opportunities
Jonas highlighted Tesla’s longer-term ambitions in robotics as a key factor in his assessment. “Yes, a trillion bucks is a big number, but (it) is rather modest compared to the size of the market opportunity,” Jonas wrote. He added that the humanoid robot market could ultimately surpass the size of today’s global labor market “by a significant multiple.”
“We have entertained scenarios where the humanoid robot market can exceed the size of today’s global labor market… by a significant multiple,” Jonas wrote, as shared on X by Tesla watcher Sawyer Merritt.
The analyst likened the arrival of AI-powered robotics to the transformative effect of electricity, noting that “contemplating future global GDP before AI robots is like contemplating global GDP before electricity.” The Morgan Stanley analyst’s insights align with the idea that as much as 80% of Tesla’s future valuation could be tied to its Optimus humanoid robot program.
Elon Musk’s pay package
Tesla’s board has tied Elon Musk’s proposed compensation package to some of the most ambitious targets in corporate history. The 2025 CEO Performance Award requires the automaker’s valuation to soar from roughly $1.1 trillion today to $8.5 trillion over the next decade, a level that would make Tesla the most valuable company in existence.
The plan also demands a leap in Tesla’s operating profit, from $17 billion in 2024 to $400 billion annually. It also ties the CEO’s compensation to a number of product milestones, including the delivery of 20 million vehicles in total, 10 million active Full Self-Driving subscriptions, 1 million Tesla Bots, and 1 million Robotaxis in operation. Tesla’s board emphasized that Musk’s leadership was fundamental to achieving such ambitious goals, with Chair Robyn Denholm noting the award would align the CEO’s incentives with long-term shareholder value.
News
Tesla China posts strongest registrations of Q3 so far with first Model Y L deliveries
Tesla posted 14,300 insurance registrations in China during the week of September 1–7.

Tesla posted 14,300 insurance registrations in China during the week of September 1–7, a 14.4% increase from the previous week’s 12,500 units.
The figure marks Tesla’s highest weekly performance so far this quarter so far, despite the company’s year-over-year figures still being below 2024’s numbers.
Weekly registrations
The week’s registrations broke down to 5,000 Model 3s and 8,400 Model Ys, including the first 900 units of the newly launched Model Y L variant, as per estimates from industry watchers. On a quarterly basis, Tesla China is tracking 41.3% growth compared to the previous quarter, which bodes well for the company’s results this Q3 2025.
For the month of August, Tesla sold 57,152 vehicles in China, down 9.93% from the same period in 2024 but up 40.7% from July’s 40,617 units, according to the China Passenger Car Association (CPCA). Year-to-date, Tesla’s China sales are 7.2% lower compared to the previous year.
Model Y L first deliveries
The week ending September 7 was the first week that included the newly released Model Y L, a six-seat extended wheelbase version of the company’s best-selling all-electric crossover. Industry watchers estimate that last week, the first 900 units of the Model Y L have been registered, though this number is expected to increase in the coming weeks as deliveries of the vehicle hit their pace.
Citing information from a Tesla store in Beijing, Chinese media outlet Cailianshe stated that the Model Y L has been seeing a lot of interest among car buyers. “(The Model Y L) is selling very well. Since its launch, 120,000 orders have been received, with nearly 10,000 orders placed every day. The first batch of customers began receiving deliveries in the past two days,” a Tesla representative stated.
News
Tesla launches MultiPass to simplify charging at non-Tesla stations
With the new service, Tesla owners can activate charging either through the Tesla app or by using their existing Tesla key card.

Tesla has introduced MultiPass, a new feature that allows owners to use their Tesla account to charge at non-Tesla charging stations.
The service launched this week in the Netherlands, giving drivers the ability to find chargers, start sessions, and view charging history directly within the Tesla app.
Streamlining third-party charging
With MultiPass, Tesla owners can activate charging either through the Tesla app or by using their existing Tesla key card. This eliminates the need for separate accounts or additional cards from third-party networks. Tesla Charging highlighted the convenience of managing charging sessions in one location in a post on X, while Max de Zegher, Tesla’s Director of Charging for North America, emphasized that the update removes unnecessary friction.
“Nobody likes creating more accounts with payment details and passwords. For charging, this can even mean needing a third-party charging card mailed to your house. Starting in the Netherlands today, your Tesla App and your existing (!) Tesla keycard can start charging at third-party chargers. We’ll expand this to more countries quickly if customers love it. To make ownership effortless, the Tesla App should really be the only thing you need,” the Tesla executive wrote in a post on X.
Third-party payments and a familiar name
Tesla owners could pay for their third-party charging session with their Tesla accounts, as per the electric vehicle maker on its official website. Payments are drafted from users’ default payment method in the Tesla App, though charging costs will still vary depending on the third-party charger that is used.
Interestingly, the MultiPass name also echoes a pop culture reference. In the 1997 sci-fi film The Fifth Element, Leeloo Dallas-505 carried a futuristic “Multipass” smart card that functioned as her ID, passport, and ticket to space travel. Her accented repetition of “Multipass!” became one of the film’s most memorable lines, and it highlighted the card’s all-in-one convenience.
Tesla has not provided a timeline for Multipass’ U.S. rollout, though the service could become an important addition to the growing but often fragmented landscape of DC fast charging.
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