News
SpaceX’s NASA Crew Dragon launch manifest doubles in three months
NASA says it will soon award SpaceX another five Crew Dragon astronaut transport contracts after purchasing three extra missions from the company on February 28th.
That June 1st announcement means that NASA has more than doubled the number of operational Crew Dragon astronaut launches planned between 2020 to the end of 2030 in the last three months – a decision that represents another major SpaceX upset over Boeing. In reality, NASA has simply made some cold and rational calculations about its two Commercial Crew providers and – with no ill intent – made far-reaching decisions to preemptively secure its astronauts’ access to the International Space Station (ISS) for the rest of this decade. Intentional or not, however, the optics of those decisions speak volumes.
When NASA awarded Boeing and SpaceX their original $4.2 billion and $2.6 billion Commercial Crew Transportation Capability (CCtCap) contracts in 2014, the agency’s goal (or hope) was for both providers to complete the development of their Starliner and Crew Dragon spacecraft in roughly the same amount of time. Boeing and SpaceX would have then taken turns, each performing one six-month crew transportation mission per year and ensuring redundant access to the ISS for the rest of its life.
More realistically, the general assumption was that Boeing – an ancient aerospace company with half a century of spaceflight experience – would smoothly complete Starliner while SpaceX – a 12-year-old startup – would struggle to push Crew Dragon across the finish line. Of course, exactly the opposite proved to be true. For what would ultimately become (to NASA) $3.15 billion to Boeing’s $4.95 billion and development and test flight costs of $1.2 billion to Boeing’s $2.2 billion, SpaceX completed its first successful uncrewed and crewed Crew Dragon test flights in March 2019 and May 2020. In contrast, Boeing’s first uncrewed Starliner launch attempt nearly ended in catastrophe in December 2019. A second July 2021 attempt at that mission was prevented from launching by unrelated technical difficulties. Only on May 25th, 2022 did Boeing finally complete the equivalent of Crew Dragon’s March 2019 Demo-1 test flight.
NASA’s February 28th purchase of three more SpaceX Crew Dragon missions was unsurprising. The future of Starliner was still unclear and the Dragon missions it was purchasing could be needed as early as 2023 if Boeing’s spacecraft was not ready in time. The timing of NASA’s notice of intent to purchase another five Crew Dragon missions one week after the end of Boeing’s mostly successful OFT-2 test flight, however, is somewhat surprising. Instead of throwing Boeing a bone after its long-awaited success and somewhat balancing the scales between its two Commercial Crew providers, NASA has ultimately decided to purchase more than twice as many crew missions from SpaceX.
Following NASA and SpaceX’s successful Crew-4 launch last month, the space agency needs 16 more six-month transport missions from SpaceX and Boeing to ensure astronaut access to the ISS between now and late 2030. NASA has issued its intent to perform up to 14 operational Crew Dragon missions and up to 6 Starliner missions (via Boeing’s original contract). Subtracting the 4 missions SpaceX has completed or is in the midst of completing, NASA will soon have all the contracts it needs to crew the ISS until the end of 2030 without purchasing a single extra mission from Boeing.
As a result, barring surprises, SpaceX will likely be responsible for launching 70% of all NASA and ESA astronauts from late 2020 to the end of 2030, while Boeing will be tasked with carrying the remaining 30%. A less likely Commercial Crew outcome would have been hard to imagine in 2014.
Tesla Full Self-Driving (Supervised) showed a record attach rate at delivery for new vehicles in the third quarter of 2026.
75 percent of new vehicle deliveries in North America included a subscription to FSD software, up from 55 percent in the prior quarter, a 20-percentage-point sequential gain in the company’s most mature market.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla shed light on the Q3 Shareholder Deck that 75 percent of new deliveries came with an FSD subscription:
“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. “
The higher attach rate accompanied strong growth in the overall FSD consumer base, as active subscriptions rose to 1.75 million, a 67 percent year-over-year increase. For the first time, more than half of paid customers are on the monthly subscription, which is priced at $99 per month in the U.S.
People are buying FSD with a car attached, not the other way around
— Elon Musk (@elonmusk) October 21, 2026
The transition to subscriptions has accelerated since Tesla discontinued the one-time purchase option in most markets earlier this year. The recurring model improves revenue visibility and margins compared with large upfront payments. With three-quarters of North American deliveries now including FSD, the software is now an evidently large contributor to Tesla’s economics and ancillary revenue.
Geographic expansion remains important for further gains. FSD is now available in nine countries in the EU, and more than 100,000 customers have driven over 160 million kilometers. Tesla is pursuing broader EU-wide approval, with a related vote expected in December. Similar progress in additional markets could support higher attach rates beyond North America.
These results came as Tesla had a strong quarterly delivery performance of 486,532 vehicles in the quarter, which came with its largest passenger-vehicle backlog in four years. Battery supply continued to limit volume, but the company has pointed to FSD as a clear difference-maker that is helping sustain demand. As supervised capabilities improve, the attach rate will likely continue to improve.
At face value, it is a key measure of how Tesla is converting sales into autonomy progress.
Update: 10/22 10:51a – Para 1 consumers changed to “customers” for accuracy.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by customers, 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 buyers are buying for Full Self-Driving and not for the car, data shows
Tesla Cybercab gets a for sale date at last
