News
SpaceX successful in Starlink launch adding 22 satellites to orbit
SpaceX was successful in launching 22 Starlink satellites from a Falcon 9 rocket this evening at the Cape Canaveral Space Force Station in Florida.
SpaceX initially planned to launch this batch of Starlink satellites from Cape Canaveral last week on October 8, but wind conditions forced the company to stand down and reschedule.
The launch was pushed back to this week, and as SpaceX waited for favorable conditions, it pushed today’s launch back from 5:20 P.M. EDT to 7:52 P.M. without giving an explanation.
The launch was pushed back once again and scheduled for 8:39 P.M. EDT.
Less than 30 minutes until Falcon 9’s launch of 22 @Starlink satellites from Florida. Weather is looking good for liftoff→ https://t.co/bJFjLCiTbK
— SpaceX (@SpaceX) October 18, 2023
SpaceX broadcasted the launch live on X, formerly known as Twitter, this evening, and all went according to plan.
Falcon 9 launched following a smooth countdown at 8:39 P.M. EDT.
Liftoff! pic.twitter.com/WK5xe5EgSL
— SpaceX (@SpaceX) October 18, 2023
Following stage separation at roughly 8:41 P.M. EDT, the first stage landed on the “Just Read the Instructions” droneship, which was stationed in the Atlantic Ocean.
Falcon 9’s first stage has landed on the Just Read the Instructions droneship pic.twitter.com/uBrRt1Elwg
— SpaceX (@SpaceX) October 18, 2023
This was the 16th launch for the B1062 booster, with its past efforts including. GPS III Space Vehicle 04, GPS III Space Vehicle 05, Inspiration4, Ax-1, Nilesat 301, OneWeb Launch 17, ARABSAT BADR-8, and eight previous Starlink missions.
SpaceX has over 5,000 Starlink satellites in orbit now, providing high-speed internet with speeds of over 200 Mbps to various regions around the world.
We continue our live streaming to X… Tonight SpaceX Falcon 9 Launches Starlink 6-23 Mission. https://t.co/gTFnGnEFCy
— Chris Bergin – NSF (@NASASpaceflight) October 18, 2023
SpaceX has also signed several contracts with companies that have opted to use the Starlink service to provide stable and effective internet service in various parts of the world.
Last week, Maersk agreed to terms with SpaceX to equip Starlink on 330 own-operated container vessels, providing high-speed internet to crew for things like entertainment, video calls, and cloud-based data tracking.
Next, SpaceX will look to secure a launch license for the IFT-2 mission from the Federal Aviation Administration (FAA), which will be the second test flight of Super Heavy and Starship.
SpaceX will use Starship to launch V2 and hopefully V3 Starlink Satellites “roughly a year from now,” CEO Elon Musk said, according to Space Flight Now.
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News
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Investor's Corner
Tesla bear gets blunt with beliefs over company valuation
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
