News
SpaceX’s Mr. Steven crosses Panama Canal on 5000 mile journey to Florida
Iconic SpaceX vessel Mr. Steven has completed a successful transit of the Panama Canal as of February 7th, leaving the fairing recovery ship approximately 3-4 days from arrival at its new home in Port Canaveral, Florida.
Mr. Steven’s move from the West Coast to the East Coast comes shortly after a series of controlled fairing recovery tests – dropped by helicopter before deploying a parafoil – brought the vessel closer than ever before to successfully snagging a Falcon fairing out of the air. Thanks to webcams at the landmark, Mr. Steven’s trip through the Panama Canal also revealed that his arms were uninstalled for the coast swap, while two fairing halves – covered in tarps – stood out on the ship’s large deck.
Aaaaand the grand finale, a gif of Mr. Steven’s transit through the Panama Canal’s first western lock (Miraflores). Probably the last we’ll see of him until Port Canaveral, with an ETA around ~4 days from now 🙂#SpaceX pic.twitter.com/DIus6K5hK5
— Eric Ralph (@13ericralph31) February 7, 2019
Although the presence of two fairing halves could be a sign of something else, it could indicate that SpaceX has plans to continue its controlled fairing drop/recovery tests, albeit this time in the Atlantic Ocean. Thanks to a sharp-eyed local observer, it can be observed that, while topped with tarps and safely secured, the fairing halves aboard Mr. Steven had no additional protection against sea spray and the elements over the course of a 5000+ mile (~8000 km) journey at a cruising speed of roughly 20 mph (~32 km/h). In other words, they are most certainly not going to be reused.
If not for reuse, then the only reason Mr. Steven would need to bring fairings to Florida is if there is some need for fairing recovery development hardware (halves that can be abused without opportunity cost), either for more basic mechanical and interface tests with fairings and nets or to continue SpaceX’s program of experimental drop testing.
Is your #MrSteven here in Panama @elonmusk and @SpaceX ? pic.twitter.com/GvTNGYQU9K
— Hugo Tello (@soyhugotello) February 6, 2019
Intriguingly, although SpaceX released a second video of “one” of Mr. Steven’s final West Coast catch tests, some basic sleuthing can easily determine that the test shown in the January 29th video probably occurred more than two weeks earlier, on January 10th. This means that one final helicopter drop test was performed (January 26th) before SpaceX departed Port of LA for Florida on the 29th. Some might conclude, then, that SpaceX’s latest drop tweet was more than a little coy, perhaps indicating that the results of the Jan 26 test may have been appreciably different than the extreme near-miss experienced on the 10th.
While the company’s history – combined with CEO Elon Musk’s welcome tendency of sharing good news almost as soon as he hears it – suggests that the Jan 26 test was probably not a success, SpaceX could be playing its development cards close to its chest when it comes to fairing recovery.
One of Mr. Steven’s final West Coast fairing recovery tests before shipping out for the East Coast. Wait for it… pic.twitter.com/A7q37Gpllu
— SpaceX (@SpaceX) January 30, 2019
Regardless, SpaceX clearly has no plans to end its experimental fairing recovery program with success so agonizingly within reach. Mr. Steven’s move to Florida sets the vessel up for a dramatic increase in available post-launch fairing recovery attempts at the same time as Falcon fairings likely still cost around $3 million apiece and continue to pose the same conundrum Musk raised in mid-2017.
“Imagine if we had a $6 million pallet of cash falling through the sky. Would we try to catch it? I think the answer is yes.” – Elon Musk, July 2017
Although the cost of SpaceX’s fairing recovery program is probably several tens of millions of dollars at this point, it seems probable that Musk would still stand behind his thought experiment. Assuming SpaceX can cost-effectively reuse fairings once recovery is assured, a development program costing upwards of $50-100M could be entirely recouped after just 10-20 dual fairing recoveries, compared to the 21 fairings SpaceX flew in 2018 alone. As long as Falcon 9 and Heavy are likely to continue operating for several more years (all but guaranteed), fairing recovery should still prove worthwhile if SpaceX can close the recovery gap within the next 6-12 months.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes!
Investor's Corner
Lucid denies rumors of bankruptcy after over 40% stock drop
Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours.
Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, AlixPartners, was asked to review two decisions: taking Lucid shares private or filing for Chapter 11 bankruptcy protection.
The report also claims AlixPartners told the Lucid board to “concentrate on Gravity production while improving its quality, and to temporarily hold back the Lucid Air, the sedan that has defined the company since its launch.”
Twork said:
$LCID The rumors are completely false. The company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special Board committee to explore the scenarios reported today. Our focus is…
— Nick Twork (@ntwork) July 14, 2026
Shares rebounded after the response to the report, halving its losses as the trading day neared 3 p.m. Eastern.
Lucid has struggled to get its sales off the ground and into more respectable numbers, but the company is in its early years, when things are hard to begin with. It is also backed by several notable investors, including the Saudi Public Investment Fund (PIF), which has nearly limitless money and likely would not ditch an investment of this size so soon.
Lucid shares were down just 14 percent at the time of publication, a far cry from the 55 percent its losses topped out at during the day.
News
Tesla owner attempts resale of Model S Signature Edition for over $260k
A Tesla owner who purchased a Model S Signature Edition, one of the final 250 units of the all-electric flagship vehicle that the company discontinued earlier this year, is attempting to sell the car despite a no-resale clause that prohibits reselling for the first year.
The car is being sold by J&S Autohaus in Ewing, New Jersey, and is priced at $260,490, well above the $159,420 that Tesla sold it for earlier this year.
🚨 The first Tesla Model S Signature Edition is up for sale for $260,490
Tesla placed a no-resale clause on the Model S and X Signature, so it will be interesting to see if the company takes any action. https://t.co/N9rKGHnbD6 pic.twitter.com/6FZhDL1KNR
— TESLARATI (@Teslarati) July 14, 2026
To those who do not know, the Model S Signature was a highly exclusive, limited-run farewell variant of the Model S Plaid that was produced this year to mark the end of production of both the Model S and Model X, Tesla’s two flagship vehicles.
Limited to just 250 units with invite-only sales, it serves as a collector’s item celebrating the legacy of the Model S, which helped pioneer Tesla’s electric vehicle success since its 2012 launch.
It bundles top-tier performance with bespoke cosmetic and luxury upgrades, plus Tesla’s Luxe Package. Here’s what the Model S Signature has over the typical Model S Plaid:
- Exclusive Exterior – Unique Garnet Red Paint, matching door handles, gold Tesla “T” badges upfront, gold Plaid and Signature badging at the rear.
- Premium Interior – White Alcantara upholstery with gold piping/accents, gold Plaid seat badges, Signature-marked door sills, individually numbered dashboard plaque, gold puddle lights, special interior lighting sequence, and a custom Signature key fob.
- Performance Upgrades – Carbon-ceramic brakes with gold calipers
- Bundled Luxe Package – Full Self-Driving (Supervised), four years of Premium Connectivity, free lifetime Supercharging
- Performance Metrics – ~1,020 horsepower, sub-2-second 0-60 MPH, ~390-mile range
Tesla quickly introduced a No Resale Agreement for the Signature Editions of the Model S and Model X, which would penalize the seller for “the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater.”
The company continues:
“If you sell or otherwise transfer the ownership of your Model S or Model X, the remainder of the Recommended Maintenance, Wheel and Tire Protection Plan, and Windshield Protection Plan will transfer automatically to the buyer. The Full Self-Driving (Supervised), Free Supercharging and Premium Connectivity will not transfer with the vehicle and will terminate once the ownership of the Model S or Model X is transferred.”
Tesla will likely come after the seller, especially as it has been about two months since Tesla launched deliveries.
News
Tesla Full Self-Driving v14.3.5 Early Impressions: new features and early performance
Tesla rolled out Full Self-Driving (Supervised) v14.3.5 yesterday, and about fifty miles of driving on the new version has given me enough time to highlight what seems to be strong about the release and what is not.
Additionally, Tesla has added a few new features with this specific update, which we’ll highlight as well.
Tesla Full Self-Driving v14.3.5 Performance
The new update is business as usual. Things seem to be running completely normal and necessary, but there are a few things that we’ve seemed to pick up on based on our own experience with v14.3.5, as well as what other users are seeing.
Initially, it seems to be more aware of its surroundings, making moves that are incredibly courteous to other drives and operating just a tad more reserved than what the suite might have done previously.
We had two instances where it showed this, the first being FSD needing to pass a Flagger Force vehicle that was placing down signage for the day. Their work truck was right at the front corner of a right-hand turn; typically where most cars travel when they take that turn.
FSD v14.3.5 recognized this, slowed down, and took the turn wide with no issues:
🚨 Tesla Full Self-Driving v14.3.5 takes a wide turn as flagger crews set up signage for the day https://t.co/3v0PL9qhlI pic.twitter.com/i4CKqxE16c
— TESLARATI (@Teslarati) July 13, 2026
Additionally, v14.3.5 backed up for a semi truck that was making a wide turn onto a road my car was on. This is not new, but it seemed to be backing up for courtesy; it didn’t seem completely necessary, but it might have put some peace of mind in the truck driver’s head:
🚨 Tesla Full Self-Driving v14.3.5 backs up for an oncoming tractor trailer taking a wide turn https://t.co/0WuAqNMpRR pic.twitter.com/s6yZGVm5Te
— TESLARATI (@Teslarati) July 13, 2026
X user Mike P, also a Pennsylvania native like myself, shared three clips of his Tesla running v14.3.5 performing similar maneuvers. He said:
“FSD turns right into a small alley that only fits one car at a time, sees oncoming car, reverses out of alley to make space, realizes oncoming car is actually parking, re-enters alley.”
Check it out here:
Rapidfire epic moments on FSD V14.3.5
1) FSD turns right into a small alley that only fits one car at a time, sees oncoming car, reverses out of alley to make space, realizes oncoming car is actually parking, re-enters alley.
2) Insane speed to vehicle cues. As FSD approaches… pic.twitter.com/bSnySSlFHR
— Mike P (@mikepat711) July 13, 2026
It seems like Speed Profiles are still in need of some tweaking; I am adjusting what Speed Profile I’m in frequently, constantly changing it to get it to travel at the correct speed. This was an issue for me on v14.3.4. It seems like they’re just a little inconsistent.
Terrible Parking
Parking attempts on v14.3.5 were not good. There are quite a few people who have said this:
Yeah it seems like FSD v14.3.5 is having some issues with parking early on https://t.co/Bw5ULfVmDq pic.twitter.com/RHdpjOEpIo
— TESLARATI (@Teslarati) July 13, 2026
David Moss, the Tesla owner who has taken multiple coast-to-coast drives without any interventions, also has had some issues with parking early on with v14.3.5:
Horrible first impression v14.3.5 on my 2025 Tesla Model 3 LR RWD Premium 😭
3 terrible parking jobs in 23 min including parking on a ramp in a business park & parking perpendicular out in the road on street only parking situation.
Wish I had a better drive but I still believe… pic.twitter.com/TtyhRHAFG7
— David Moss (@DavidMoss) July 13, 2026
New Features
Tesla has added the ability to open Camera Preview at any time. Previously, it was only available in Park. Here’s what that feature looks like in action:
🚨 Here’s the new Camera Preview feature on FSD v14.3.5 pic.twitter.com/OodfZgDppy
— TESLARATI (@Teslarati) July 13, 2026
Check back later this week for a longer review of what we’ve noticed on Full Self-Driving v14.3.5.