News
SpaceX to replicate Starbase, build multiple Starship launch pads in Florida
Less than two weeks after CEO Elon Musk revealed that SpaceX has restarted construction of a Starship launch site at Kennedy Space Center’s existing LC-39A pad, NASA has revealed the company’s plans for an entirely different Starship launch site just a few miles to the north.
Known as Launch Complex 49 (LC-49) and located where NASA once considered building LC-39C, a third Saturn-class pad to match 39A and 39B, NASA now says that SpaceX aims to develop the site into a dedicated Starship launch pad. The plot of land NASA deemed LC-49 as recently as 2017 sits about 1 mile (1.6 km) northwest of NASA’s LC-39B Space Launch System (SLS) pad and 3 miles (5 km) northwest of LC-39A, which SpaceX has leased since 2014 and launched out of since 2017. Unlike 39A, though, SpaceX has a huge amount of work – and major environmental reviews – ahead of it to turn LC-49 into a site capable of launching a rocket more than twice as powerful as Saturn V.
As of today, “LC-49” amounts to a mostly arbitrary dotted line on a map. Situated a few thousand feet south of the lovingly named Mosquito Lagoon Aquatic Preserve and Canaveral Seashore National Park, the site encompasses a variety of wild wetlands and is fully undeveloped. While substantially wetter, the land SpaceX hopes to develop is actually quite similar to the site that now hosts Starbase’s Starship launch facilities in Boca Chica, Texas. Prior to SpaceX’s arrival, the area was empty coastal mudflats.
To turn such a fragile and unstable area into an orbital launch site, SpaceX trucked in thousands of tons of soil, which then sat in a pile for three years ‘surcharging’ or compressing the ground beneath it. Ironically, while SpaceX did build a relatively small suborbital launch site where it surcharged, the company has built the site’s first orbital Starship launch pad a bit to the east, where no such preparations were made. That bodes well for the speed with which SpaceX could potentially build LC-49 from nothing, though it will likely be significantly more of a challenge.
Because NASA’s proposed LC-49 site is effectively swamp and marshland, SpaceX will have to create the ground any planned Starship launch site will stand on. It’s possible that soil surcharging will be required – and potentially on an even larger scale than what SpaceX did in Boca Chica. However, given that SpaceX ultimately didn’t even use that surcharged land to construct the orbital half of the pad, it’s possible that SpaceX will again be able to make do with less time-consuming construction methods. If SpaceX does more or less replicate an orbital launch site similar to Starbase’s, the pad could be ready to launch just 12-18 months later. NASA and SpaceX will have to complete environmental reviews along the way but given planning work that NASA’s already done over the decades, it’s possible that SpaceX will be able to start building LC-49 well before that process – which could take one or several years – is complete.
No less intriguing is NASA’s implication that SpaceX is simultaneously preparing to expand a facility it leases elsewhere at Kennedy Space Center. Currently used to process and store Falcon boosters, fairings, and upper stages, SpaceX has been clearing a lot beside that hangar that’s about the same size as the entirety of Starbase’s South Texas Starship factory. The obvious implication: SpaceX intends to both build and launch Starships out of multiple Florida launch pads.
Just a few miles south, CEO Elon Musk says that SpaceX has restarted work on a separate Starship launch pad situated on Pad 39A grounds after halting construction last year to focus on South Texas. SpaceX chose to entirely scrap the unfinished launch mount it had built, clearing the site for the construction of a new and improved version of Starbase’s orbital launch site. Altogether, SpaceX is now simultaneously constructing two orbital Starship launch pads (one at Starbase and one at 39A) and planning for the construction of two or three more (a second at Starbase and at least one or two at LC-49).
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
News
Tesla Model Y L is gaining momentum in China’s premium segment
This suggests that the addition of the Model Y L to Tesla China’s lineup will not result in a case of cannibalization, but a possible case of “premiumization” instead.
Tesla’s domestic sales in China held steady in November with around 73,000 units delivered, but a closer look at the Model Y L’s numbers hints at an emerging shift towards pricier variants that could very well be boosting average selling prices and margins.
This suggests that the addition of the Model Y L to Tesla China’s lineup will not result in a case of cannibalization, but a possible case of “premiumization” instead.
Tesla China’s November domestic numbers
Data from the a Passenger Car Association (CPCA) indicated that Tesla China saw domestic deliveries of about 73,000 vehicles in November 2025. This number included 34,000 standard Model Y units, 26,000 Model 3 units, and 13,000 Model Y L units, as per industry watchers.
This means that the Model Y L accounted for roughly 27% of Tesla China’s total Model Y sales, despite the variant carrying a ~28% premium over the base RWD Model Y that is estimated to have dominated last year’s mix.
As per industry watcher @TSLAFanMtl, this suggests that Tesla China’s sales have moved towards more premium variants this year. Thus, direct year-over-year sales comparisons might miss the bigger picture. This is true even for the regular Model Y, as another premium trim, the Long Range RWD variant, was also added to the lineup this 2025.
November 2025 momentum
While Tesla China’s overall sales this year have seen challenges, the Model Y and Model 3 have remained strong sellers in the country. This is especially impressive as the Model Y and Model 3 are premium-priced vehicles, and they compete in the world’s most competitive electric vehicle market. Tesla China is also yet to roll out the latest capabilities of FSD in China, which means that its vehicles in the country could not tap into their latest capabilities yet.
Aggregated results from November suggest that the Tesla Model Y took the crown as China’s #1 best-selling SUV during the month, with roughly 34,000 deliveries. With the Model Y L, this number is even higher. The Tesla Model 3 also had a stellar month, seeing 25,700 deliveries during November 2025.
Tesla needs to come through on this one Robotaxi metric, analyst says
Tesla gets bold Robotaxi prediction from Wall Street firm
