News
SpaceX Falcon Heavy payload arrives in Florida for the first time in years
For the first time in almost three years, a spacecraft meant to launch on SpaceX’s Falcon Heavy rocket has arrived in Cape Canaveral, Florida and begun to prepare for flight.
Known as Psyche, the scientific mission is designed to venture hundreds of millions of miles from Earth to explore a namesake asteroid that’s believed to be almost entirely metallic. Psyche will also mark NASA’s first operational use of Falcon Heavy, which offers performance far superior to other existing and soon-to-be-retired rockets and at a fraction of their cost.
However, even though Psyche is now the first payload (officially confirmed) to have arrived in Florida for a Falcon Heavy launch since May or June 2019, that doesn’t guarantee that it will be first to launch.
That uncertainty is the result of multiple chronically delayed US military payloads that were both supposed to launch on different Falcon Heavy rockets as early as late 2020. In June 2018, just four months after Falcon Heavy’s iconic launch debut, the US military purchased its first operational launch on the rocket. Known as AFSPC-52 and later renamed USSF-52 after the US government cobbled together a few loosely-related military groups and rebadged them as the “Space Force,” the mission was expected to launch as early as September 2020. In February 2019, the military announced that another Falcon Heavy rocket had been chosen to launch AFSPC-44 (USSF-44) as early as late 2020 or early 2021.
About a year ago, for unknown reasons, USSF-44 took USSF-52’s place as the US military’s first operational Falcon Heavy launch. Now, between three and four years after their initial launch targets, USSF-44 is scheduled to launch NET late June 2022 (a delay of ~18 months) and USSF-52 is set to follow as soon as October 2022 (a delay of ~25 months).
On April 29th, NASA’s Launch Service Program (LSP) revealed that the ~2600-kilogram (~5700 lb) Psyche spacecraft had completed the journey from the Jet Propulsion Laboratory’s (JPL) Pasadena, California assembly facilities to Kennedy Space Center, Florida. After several years of work spent designing, manufacturing, and assembling Psyche, the spacecraft ultimately arrived at on time, leaving it on track to launch on Falcon Heavy as early as August 1st, 2022.
At the moment, that makes Psyche’s launch far more likely to happen before USSF-44, which has repeatedly gotten within a few months of a purported launch target before the US military acknowledged additional delays. Like USSF-44, Psyche’s Falcon Heavy rocket – three boosters, an upper stage, and a fairing – will be entirely new. Due to the high performance required for each mission and the fact that both will be the first operational use of the rocket for NASA and the USSF, each brand-new Falcon Heavy center core will be intentionally expended.
If it launches more or less on time, USSF-44 will be SpaceX and Falcon Heavy’s first direct launch to geostationary orbit (GEO), requiring the rocket’s upper stage to survive a roughly six-hour-long coast and perform a lengthy orbit circularization burn around ~42,500 kilometers (~26,400 mi) above Earth’s surface. With a payload that weighs around four tons (~8800 lb), it’s little surprise that Falcon Heavy’s center core will be expended. Psyche, on the other hand, is headed into deep space on a trajectory that NASA’s own ELVPerf calculator – supplied with official performance data from SpaceX – says Falcon Heavy can launch more than four tons (~8800 lb) to while still recovering all three boosters. It’s unclear why NASA would need a 50-70% safety margin.
Regardless, the second half of 2022 could be quite the spectacle of Falcon Heavy launches after a more than three-year hiatus. On top of USSF-44, Psyche, and USSF-52, Falcon Heavy is tentatively scheduled to launch a ViaSat-3 communications satellite directly to GEO in Q3 2022 and, even more tentatively, the Space Force’s USSF-67 mission in November 2022.
Tesla has announced it has hit a major milestone with Full Self-Driving subscriptions, shortly after it said it would exclusively offer the suite without the option to purchase it outright.
Tesla announced on Wednesday during its Q4 Earnings Call for 2025 that it had officially eclipsed the one million subscription mark for its Full Self-Driving suite. This represented a 38 percent increase year-over-year.
This is up from the roughly 800,000 active subscriptions it reported last year. The company has seen significant increases in FSD adoption over the past few years, as in 2021, it reported just 400,000. In 2022, it was up to 500,000 and, one year later, it had eclipsed 600,000.
NEWS: For the first time, Tesla has revealed how many people are subscribed or have purchased FSD (Supervised).
Active FSD Subscriptions:
• 2025: 1.1 million
• 2024: 800K
• 2023: 600K
• 2022: 500K
• 2021: 400K pic.twitter.com/KVtnyANWcs— Sawyer Merritt (@SawyerMerritt) January 28, 2026
In mid-January, CEO Elon Musk announced that the company would transition away from giving the option to purchase the Full Self-Driving suite outright, opting for the subscription program exclusively.
Musk said on X:
“Tesla will stop selling FSD after Feb 14. FSD will only be available as a monthly subscription thereafter.”
The move intends to streamline the Full Self-Driving purchase option, and gives Tesla more control over its revenue, and closes off the ability to buy it outright for a bargain when Musk has said its value could be close to $100,000 when it reaches full autonomy.
It also caters to Musk’s newest compensation package. One tranche requires Tesla to achieve 10 million active FSD subscriptions, and now that it has reached one million, it is already seeing some growth.
The strategy that Tesla will use to achieve this lofty goal is still under wraps. The most ideal solution would be to offer a less expensive version of the suite, which is not likely considering the company is increasing its capabilities, and it is becoming more robust.
Tesla is shifting FSD to a subscription-only model, confirms Elon Musk
Currently, Tesla’s FSD subscription price is $99 per month, but Musk said this price will increase, which seems counterintuitive to its goal of increasing the take rate. With that being said, it will be interesting to see what Tesla does to navigate growth while offering a robust FSD suite.
News
Tesla confirms Robotaxi expansion plans with new cities and aggressive timeline
Tesla plans to launch in Dallas, Houston, Phoenix, Miami, Orlando, Tampa, and Las Vegas. It lists the Bay Area as “Safety Driver,” and Austin as “Ramping Unsupervised.”
Tesla confirmed its intentions to expand the Robotaxi program in the United States with an aggressive timeline that aims to send the ride-hailing service to several large cities very soon.
The Robotaxi program is currently active in Austin, Texas, and the California Bay Area, but Tesla has received some approvals for testing in other areas of the U.S., although it has not launched in those areas quite yet.
However, the time is coming.
During Tesla’s Q4 Earnings Call last night, the company confirmed that it plans to expand the Robotaxi program aggressively, hoping to launch in seven new cities in the first half of the year.
Tesla plans to launch in Dallas, Houston, Phoenix, Miami, Orlando, Tampa, and Las Vegas. It lists the Bay Area as “Safety Driver,” and Austin as “Ramping Unsupervised.”
These details were released in the Earnings Shareholder Deck, which is published shortly before the Earnings Call:
🚨 BREAKING: Tesla plans to launch its Robotaxi service in Dallas, Houston, Phoenix, Miami, Orlando, Tampa, and Las Vegas in the first half of this year pic.twitter.com/aTnruz818v
— TESLARATI (@Teslarati) January 28, 2026
Late last year, Tesla revealed it had planned to launch Robotaxi in Las Vegas, Phoenix, Dallas, and Houston, but Tampa and Orlando were just added to the plans, signaling an even more aggressive expansion than originally planned.
Tesla feels extremely confident in its Robotaxi program, and that has been reiterated many times.
Although skeptics still remain hesitant to believe the prowess Tesla has seemingly proven in its development of an autonomous driving suite, the company has been operating a successful program in Austin and the Bay Area for months.
In fact, it announced it achieved nearly 700,000 paid Robotaxi miles since launching Robotaxi last June.
🚨 Tesla has achieved nearly 700,000 paid Robotaxi miles since launching in June of last year pic.twitter.com/E8ldSW36La
— TESLARATI (@Teslarati) January 28, 2026
With the expansion, Tesla will be able to penetrate more of the ride-sharing market, disrupting the human-operated platforms like Uber and Lyft, which are usually more expensive and are dependent on availability.
Tesla launched driverless rides in Austin last week, but they’ve been few and far between, as the company is certainly easing into the program with a very cautiously optimistic attitude, aiming to prioritize safety.
Investor's Corner
Tesla (TSLA) Q4 and FY 2025 earnings call: The most important points
Executives, including CEO Elon Musk, discussed how the company is positioning itself for growth across vehicles, energy, AI, and robotics despite near-term pressures from tariffs, pricing, and macro conditions.
Tesla’s (NASDAQ:TSLA) Q4 and FY 2025 earnings call highlighted improving margins, record energy performance, expanding autonomy efforts, and a sharp acceleration in AI and robotics investments.
Executives, including CEO Elon Musk, discussed how the company is positioning itself for growth across vehicles, energy, AI, and robotics despite near-term pressures from tariffs, pricing, and macro conditions.
Key takeaways
Tesla reported sequential improvement in automotive gross margins excluding regulatory credits, rising from 15.4% to 17.9%, supported by favorable regional mix effects despite a 16% decline in deliveries. Total gross margin exceeded 20.1%, the highest level in more than two years, even with lower fixed-cost absorption and tariff impacts.
The energy business delivered standout results, with revenue reaching nearly $12.8 billion, up 26.6% year over year. Energy gross profit hit a new quarterly record, driven by strong global demand and high deployments of MegaPack and Powerwall across all regions, as noted in a report from The Motley Fool.
Tesla also stated that paid Full Self-Driving customers have climbed to nearly 1.1 million worldwide, with about 70% having purchased FSD outright. The company has now fully transitioned FSD to a subscription-based sales model, which should create a short-term margin headwind for automotive results.
Free cash flow totaled $1.4 billion for the quarter. Operating expenses rose by $500 million sequentially as well.
Production shifts, robotics, and AI investment
Musk further confirmed that Model S and Model X production is expected to wind down next quarter, and plans are underway to convert Fremont’s S/X line into an Optimus robot factory with a capacity of one million units.
Tesla’s Robotaxi fleet has surpassed 500 vehicles, operating across the Bay Area and Austin, with Musk noting a rapid monthly expansion pace. He also reiterated that CyberCab production is expected to begin in April, following a slow initial S-curve ramp before scaling beyond other vehicle programs.
Looking ahead, Tesla expects its capital expenditures to exceed $20 billion next year, thanks to the company’s operations across its six factories, the expansion of its fleet expansion, and the ramp of its AI compute. Additional investments in AI chips, compute infrastructure, and future in-house semiconductor manufacturing were discussed but are not included in the company’s current CapEx guidance.
More importantly, Tesla ended the year with a larger backlog than in recent years. This is supported by record deliveries in smaller international markets and stronger demand across APAC and EMEA. Energy backlog remains strong globally as well, though Tesla cautioned that margin pressure could emerge from competition, policy uncertainty, and tariffs.
Tesla hits major milestone with Full Self-Driving subscriptions
Tesla confirms Robotaxi expansion plans with new cities and aggressive timeline
