News
SpaceX Falcon Heavy to launch NASA ocean moon explorer, saving the US billions
In a move that’s likely to save the US taxpayer several billion dollars over the next few years, NASA has carefully extricated a mission to one of Jupiter’s ocean moons from the claws of its own Space Launch System (SLS) rocket.
Known as Europa Clipper, the six metric ton (~13,300 lb) spacecraft will instead launch on a SpaceX Falcon Heavy rocket for less than $180M. Had Falcon Heavy not been ready or NASA shied away from the challenge of switching launch vehicles, sending the ~$4.25 billion orbiter to Jupiter could have easily added more than $3 billion to the mission’s total cost. Instead, Europa Clipper will be able to launch one or two years earlier than SLS would have been ready and at a cost that’s practically a rounding error relative to the alternative.
Measuring approximately 3100 km (~1940 mi) in diameter, Europa is approximately 10% smaller and 30% less massive than Earth’s Moon. Both are similar balls of rock with solid metallic cores. However, based on observations taken over decades by spacecraft and Earth-based telescopes, odds are good that Europa also has a vast liquid water ocean insulated by 10-30 km (6-20 mi) of ice so cold that it’s as hard as granite.
Scientists estimate that Europa’s saltwater ocean is dozens to 100+ km (~62 mi) deep, covers the moon’s entire surface, and holds more water than all of Earth’s oceans combined. Signs of a liquid ocean under Europa’s crust (and the crust of numerous other outer solar system moons, as it would turn out) were especially surprising because of the implication that those moons possessed vast heat sources. In the case of Europa, it’s believed that Jupiter’s immense gravitational pull and the moon’s close orbit are balanced in such a way that Europa is heated as those tidal forces violently stretch and squeeze its interior.
In an orbit 30% lower than Europa, tidal heating is so aggressive that the moon Io is littered with titanic volcanoes and lava lakes more than 200 km (~120 mi) across – so large that waves have been spotted on its surface with Earth-based telescopes. In short, because Europa appears to be in the right place to have enough – but not too much – tidal heating, it’s believed to be one of the best potential harbors of extraterrestrial life and Europa Clipper’s primary purpose is to pursue that potential astrobiological treasure trove.
Europa Clipper’s history is a truly bizarre one. Championed almost singlehandedly by fundamentalist Christian and former Republican Representative John Culberson, it’s almost certain that the mission would have never come together and never secured enough funding to proceed. Culberson’s singular goal: determine if humanity is (or is not) alone in the universe. If life can independently evolve twice in the same average solar system, the logic goes, it would practically guarantee that life will be omnipresent anywhere we look.
Culberson’s original vision was an orbiter (Clipper) that would effectively scout Europa for a lander that would follow just a few years later. Incredibly, he appears to have all but guaranteed that Europa Clipper will launch. However, he lost a reelection bid in 2018, casting the lander component into limbo before proper funding or commitments could be ascertained. It now seems likely that the future of Europa Lander will depend almost entirely on what Clipper does (or doesn’t) find.
Europa Clipper is now scheduled to launch on an expendable Falcon Heavy rocket no earlier than a two-week window set to open in October 2024. As part of the politicking to secure the billions of dollars needed to fund the mission, Culberson originally shackled Europa Clipper to NASA’s SLS rocket – now half a decade behind schedule and set to cost more than $23 billion before its first launch. However, it appears that SLS is so mismanaged and uncharacterized that even its infamously zealous, pork-motivated Congressional cheerleaders weren’t willing to put up a public fight to retain the SLS rocket’s only confirmed non-human payload.
Ultimately, on launch alone, Falcon Heavy’s Europa Clipper launch will likely save taxpayers more than $2 billion – the likely minimum cost of a single SLS Cargo launch. Due to issues with the rocket, Ars Technica also reports that Europa Clipper and SLS would have required at least $1 billion in modifications and upgrades to safely fly, meaning that choosing SpaceX will likely end up saving NASA more than $3 billion – equivalent to almost three-quarters of the entire Europa Clipper mission’s price tag.
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
