TSLA bull calls out ‘completely wrong’ ideas on Tesla’s alleged inability to make money


Tesla stock (NASDAQ:TSLA) is down on Thursday trading following the release of the electric car maker’s second-quarter earnings results, which fell below Wall Street’s estimates. The electric car maker lost $408 million over the course of Q2, despite the company delivering and producing a record number of vehicles. 

Adjusted for one-time items, Tesla lost $1.12 a share on sales of $6.3 billion, which is an improvement over last year’s $3.06 loss. In contrast, analysts polled by FactSet had expected Tesla to report an adjusted quarterly loss of $0.35 per share on sales of $6.5 billion. The reaction to Tesla’s second-quarter results was notable, with TSLA shares dipping around 10% in after-hours trading on Wednesday. Thursday’s intraday saw the company’s stock fall further, dropping as much as 14%. 

While sentiments surrounding Tesla stock are currently negative once more, longtime TSLA bull Ben Kallo from Robert W. Baird & Co. argued that the response from the market appears to be an overreaction. While speaking about his take on the Q2 results during a segment in Bloomberg Technology, Kallo said that there are some aspects of Tesla’s second-quarter figures that are positive. 

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“I think that the $5 billion on the balance sheet is a great number. I think margin is probably why the stock’s down. Actually, if you go through the numbers in detail, it’s better than expected. And I think forward guidance of GAAP-positive on the income is also good as well. So it’s kind of an overreaction to the downside, in my opinion,” he said.  

After correcting Bloomberg Businessweek reporter and fellow guest Max Chafkin about the Tesla Model 3’s gross margins, Kallo also stated that the electric car maker is not in an incredibly tough spot. Considering the cash flow generated by Tesla in Q2, the Baird analyst noted that the idea of Tesla being a company that is unable to make money is simply incorrect. 

“I think what’s most underestimated about everything here is the brand in China, and how it’s become a wildfire there, and how many cars they can sell. And I think that’s an upside. And just back to the cash flow they generated during the quarter, there’s a couple of hundred million dollars, so this idea that they don’t make money is completely wrong, and the headline needs to change. There’s $5 billion in the balance sheet. They’re not going out of business. You have other OEMs that have really hard problems and restructuring problems. And it’s not Tesla; it’s XYZ German manufacturers,” he said. 

Tesla CEO Elon Musk, for his part, took a relatively more conservative stance during the second quarter earnings call. Musk noted that Tesla will likely break even in the third quarter and be profitable in Q4 2019, though he also warned that Q1 2020 and Q2 2020 will be tough. Nevertheless, the CEO also stated that Tesla is closing in on a point where the company becomes self-funding.

As of writing, Tesla stock is trading -14.07% at $227.62 per share.

Disclosure: I have no ownership in shares of TSLA and have no plans to initiate any positions within 72 hours.

TSLA bull calls out ‘completely wrong’ ideas on Tesla’s alleged inability to make money


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SpaceX testing ceramic Starship heat shield tiles on flight-proven CRS-18 Cargo Dragon


SpaceX announced during its CRS-18 Cargo Dragon webcast that the twice-flown orbital spacecraft will feature a handful of ceramic Starship heat shield tiles, meant to flight-test a critical component of the next-generation SpaceX spacecraft.

Extremely unfavorable weather forced SpaceX to scrub today’s scheduled CRS-18 launch around T-30 seconds to liftoff and tomorrow’s backup window (July 25th) doesn’t look any better. Nevertheless, whenever central Florida’s weather chooses to cooperate, the flight-proven Cargo Dragon capsule (C108) will be carrying a little piece of its successor along for the ride, a particularly fitting flight test given that the capsule will also become the first commercial spacecraft to launch to orbit three times.

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Although Cargo Dragon’s reusability milestone is an undoubtedly impressive achievement, Starship must necessarily make the spacecraft’s third trip to orbit look like child’s play if it is to realize SpaceX’s dream of radically lowering the cost of spaceflight. To do so, Starship and Super Heavy will need to be the most easily reusable spacecraft and boosters ever built and flown by a nearly infinite margin, given that the ultimate goal is to require little more than careful inspections between suborbital booster launches and orbital Starship launches and reentries.

To accomplish that incredible feat, SpaceX will need to develop, test, and mass-produce thermal protection systems (including heat shields) that are more effective than anything that has flown in space. This is where Cargo Dragon (Dragon 1) and Crew Dragon come into play.

Cargo Dragon C113 bares its scorched heat shield after returning to port on June 4th, following its successful CRS-17 mission. (Pauline Acalin)
Crew Dragon C201 displays its heat shield after the spacecraft’s first orbital-velocity Earth reentry, March 8th. (NASA/Cory Huston)

Although this Starship heat shield test comes as a surprise, it’s just a logical extrapolation of SpaceX’s tendency to flight-test hardware in retrospect. SpaceX’s routine and regular Cargo Dragon launches offer an obviously invaluable platform for the company to test new technologies both in orbit and reentry conditions. In fact, SpaceX is the only entity – government or commercial – with a reusable spacecraft capable of returning appreciable amounts of cargo from space to Earth’s surface.

If Cargo Dragon capsule C108 continues its successful record of orbital missions and recoveries, SpaceX will be able to recover Starship’s prototype ceramic heat shield tiles perfectly intact and thus have access to orbit- and reentry-tested hardware that should provide invaluable data for Starship. It’s unclear where exactly ceramic heat shielding would be used on Starship or if this means that the spacecraft’s transpirationally-cooled steel tiles did not pass muster, but CEO Elon Musk will hopefully provide additional details in a presentation later this month or early next.

Of note, the Starship heat shield test tiles appear to be installed near what is effectively the leading edge and thus the most stressed section of the heat shield. Ultimately, it’s extremely impressive that NASA has accepted this significant modification and concluded – alongside SpaceX – that the added risk of the prototype tiles is near-zero.

Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.

SpaceX testing ceramic Starship heat shield tiles on flight-proven CRS-18 Cargo Dragon


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Tesla (TSLA) Q2 2019 results: Record cash as Model 3 and China Gigafactory take off


Tesla’s (NASDAQ:TSLA) second-quarter earnings for 2019 saw the electric car maker post a revenue of $6.3 billion, falling short of Wall Street’s estimates. The results, which were discussed at length in an Update Letter, were released after the closing bell on Wednesday, July 24. 

Following are the key points in Tesla’s Q2 Update Letter. 

Earnings

Tesla reported a net loss of $408 million, translating to a loss of $2.31 per share, a notable improvement from the $3.06 loss the company reported in Q2 2018. In contrast, analysts polled by FactSet expected Tesla to report an adjusted quarterly loss of $0.39 per share. Estimize, a crowdsourced platform that aggregates estimates from analysts, executives, fund managers, and academics, expected Tesla to report an adjusted loss of $0.25 per share. 

Revenue

Tesla reported revenue of $6.3 billion for the second quarter, which is also a notable improvement over its figures from Q2 2018, a time when the company showed a revenue of $4 billion. Analysts polled by FactSet expected Tesla to report sales of $6.5 billion in the second quarter, while Estimize placed Tesla at a slightly more optimistic $6.6 billion.

RELATED: LIVE BLOG: Tesla (TSLA) Q2 2019 earnings call updates

Cash Balance

Tesla’s cash balance reached new heights in the second quarter, thanks in part to a capital raise in May. By the end of the second quarter, Tesla had $5 billion in cash and cash equivalents. This is the highest in Tesla’s history to date. “This level of liquidity puts us in a comfortable position as we prepare to launch Model 3 production in China and Model Y production in the US,” the company wrote. 

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Model 3

The Model 3 has reached a sustained production rate of 7,000 vehicles per week in the second quarter. Tesla is still aiming to hit a production rate of 10,000 Model 3 per week by the end of 2019. Apart from these, the Model 3’s higher-tier variants remain popular among car buyers. “During the quarter, a majority of orders continued to be for a long-range battery option and the Model 3 average selling price (ASP) was stable at approximately $50,000. At the same time, manufacturing costs continued to decline,” Tesla wrote. 

Gigafactory 3

Tesla’s Gigafactory 3 in Shanghai is progressing at an incredibly rapid pace. The general assembly building that will host Model 3 and Model Y production is nearing completion, and other structures in the complex, such as a substation, continue to take form. “Gigafactory Shanghai continues to take shape, and in Q2 we started to move machinery into the facility for the first phase of production there. This will be a simplified, more cost-effective version of our Model 3 line with capacity of 150,000 units per year – the second generation of the Model 3 production process,” the electric car maker wrote. 

Guidance

Tesla has opted to maintain its guidance of producing a total of 360,000 to 400,000 vehicles in 2019. The company has noted that it is “working to increase our deliveries sequentially and annually, with some expected fluctuations from seasonality.”

Other highlights

  • Cash and cash equivalents of $5.0B; Operating cash flow less capex of $614M
  • GAAP operating loss of $167M, GAAP net loss of $408M, including $117M of
    restructuring and other charges
  • Auto gross margin at ~19% in spite of reductions in vehicle ASP and lower regulatory
    credit revenue
  • On track to launch Gigafactory Shanghai by end of 2019 and Model Y by fall of 2020

A link to Tesla’s Update Letter for the second quarter could be accessed here

Join us in our upcoming Live Blog as we join Elon Musk on the second-quarter earnings call. 

Tesla (TSLA) Q2 2019 results: Record cash as Model 3 and China Gigafactory take off


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Tesla driver walks away unharmed after Model 3 falls 40 ft into children’s play area


A Tesla driver was recently involved in a frightening accident that resulted in a Model 3 falling down a 40-foot embankment and crashing into an empty playground. The vehicle was totaled as a result of the crash, but remarkably, the driver of the Model 3 was able to walk away from the accident unharmed. 

Police that responded to the incident told Fox 12 Oregon that the Tesla driver had suffered from a medical-related incident, possibly a seizure, as he was driving on Southwest Macadam Avenue at around 6:20 a.m. on Monday. This resulted in the Model 3 falling into the play area of Health Starts Children Center, which was thankfully empty at the time of the accident. 

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Witnesses who saw the crash noted that several people immediately went over to check on the Tesla driver. Remarkably, the driver was unharmed, and he was able to walk away from the totaled vehicle. Benjamin Lopez, who works nearby, described the events that followed the crash. “It was like eight to 10 people helping him out. He came out of the car like nothing happened, but he was shaking,” he said. 

A small fire did break out as crews from a towing company attempted to move the totaled Model 3. The fire was quickly extinguished without any problems. 

The Model 3 is one of, if not the safest vehicle on the road today. Apart from earning a flawless 5-Star rating from the NHTSA, the all-electric sedan also earned a perfect score from the European New Car Assessment Program (Euro NCAP), which is currently adopting a stricter set of standards for its safety tests. 

The Tesla Model 3 gained a 5-Star rating in all four categories of the Euro NCAP’s safety tests: Adult Occupant Protection, which tests how the vehicle protects its driver and passenger; Child Occupant Protection, which gauges the protection of younger occupants; Vulnerable Road Users, which tests a vehicle’s safety features for cyclists and pedestrians; and Safety Assist, which evaluates a car’s active safety capabilities. 

Watch Fox 12 Oregon’s segment on the Model 3 crash in the video below. 

Tesla driver walks away unharmed after Model 3 falls 40 ft into children’s play area


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SpaceX’s Starhopper nails first untethered flight as CEO Elon Musk teases next test


Starhopper has completed its first untethered flight ever, simultaneously a small step for the awkward prototype and a giant leap for SpaceX’s Starship/Super Heavy program as the next-gen launch vehicle is carried into a new phase: flight testing.

Despite the spectacular and reportedly successful hover and divert test, Starhopper’s powerful Raptor engine appears to have started a significant fire, placing SpaceX’s Starhopper pad in a precarious position per the fire’s apparent adjacency to full liquid oxygen tanks. Ironically, despite Starhopper’s seeming predilection as of late towards catching itself on fire, the large rocket testbed appears to be entirely unscorched as a brush fire burns around a few hundred feet distant.

Follow @SpacePadreIsle for excellent live coverage of Starhopper and a nearly continuous livestream of SpaceX’s local facilities and activities.
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Despite several hours of delays likely caused by technical bugs in pad and vehicle hardware, SpaceX persevered and Starhopper ignited its Raptor engine and lifted off the ground – sans tethers – for the first time ever a few seconds before 10:45 pm CDT (8:45 pm PDT). Obscured on almost all fronts by a massive cloud of dust, steam, smoke, and fire, Starhopper was scarcely visible during the flight but appeared through the haze some 20 seconds after landing in a distinctly different location.

Per rough measurements, Starhopper appeared to reach an apogee roughly twice its height, which just so happens to translate to ~15-20m. Raptor clearly performed nominally, although SpaceX will undoubtedly be scouring through the data produced by the engine during its first-ever flight test.

According to Elon Musk, the SpaceX CEO will present an update on the company’s progress designing, building, and testing Starship and Super Heavy soon after Starhopper’s first successful flight, meaning it could potentially happen within the next week or two. Additionally, Musk deemed Starhopper’s July 25th flight a success and indicated that SpaceX would attempt to put Starhopper through a more ambitious 200m (650 ft) hop in a week or two, continuing what is expected to be an increasingly arduous serious of tests for the prototype.

Whether or not Starhopper makes it to that end of its increasingly difficult test regime, the low-fidelity prototype’s performance will lead directly into the first static fire and flight tests of what Musk deemed SpaceX’s “Mk 1” Starship prototypes, two of which are simultaneously under construction in Texas and Florida. Those Mk 1 flight tests could begin as early as September or October, barring any and all delays.

For the most part, Starhopper is more of a flying test stand for Raptor than a true Starship prototype, although the ungainly vehicle has undoubtedly proven that SpaceX is capable of building a flight-capable rocket out of steel – a first for the company.

At the moment, the aforementioned brush fire continues to burn around the apron of SpaceX’s spartan pad facilities. Thankfully, no propellant storage tanks appear to have been breached and the fire’s apparent adjacency to Starhopper’s pad just be an artifact of foreshortening. Stay tuned for updates on and photos of the test, as well as the post-test condition of Starhopper and post-fire condition of its launch pad.

Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.

SpaceX’s Starhopper nails first untethered flight as CEO Elon Musk teases next test


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Tesla Gigafactory 4 in Europe to be decided this year, production in 2021


Tesla’s fourth Gigafactory that’s planned to serve the European market will have its location decided on by the end of this year, according to CEO Elon Musk during the company’s Q2 2019 earnings call. Also confirmed by Musk was Tesla’s plan to continue sourcing European vehicle orders from their Fremont, California factory until a European location is ready for production. The facility is estimated to be online sometime in 2021.

“Our plan is to source cars to greater Europe area from Fremont, California until we have [the] European Gigafactory operational. But…it’s probably 2021 before we have an operational Gigafactory in Europe,” Musk said on the call in response to a question over whether Gigafactory 3 in Shanghai, China would fill any European orders.

A European Gigafactory would produce battery packs, powertrains, and vehicles, but it could also benefit Tesla’s other facilities in the area, such as its Tilburg, Netherlands assembly plant which was opened in 2013 as a staging area to assemble vehicles and distribute them throughout the region. Talks about a Gigafactory in Europe have been ongoing since Musk teased a regional location in 2016 after the company acquired Grohmann Engineering. Now known as Tesla Grohmann Automation, the facility is based in Prüm, Germany, making it strategically located for any facility that Tesla builds near the German-French border. The locations under consideration are still only speculated at this point, though Musk has shown favoritism towards Germany in the past.

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As for Tesla’s long-term Gigafactory plans, Musk deferred to the company’s upcoming ‘Battery Day’ previously announced for more information in response to related inquiries during the earnings call. “On Battery Day, [we’ll discuss] cell chemistry, module and pack architecture, [and] a manufacturing plan that has a clear roadmap to a TWh per year,” Musk said, also noting that the event will probably take place in February or March next year. “[It’s] show and tell… In some respects ‘Battery Day’ will be Master Plan, Part 3.”

While Tesla’s second quarter earnings report saw a $408 million net loss and lower than expected $6.3 billion in revenue, also included was a healthy cash balance of $5 billion that will help the company sustain its expansions which include the rapid construction of Gigafactory 3 in Shanghai. “Gigafactory Shanghai continues to take shape, and in Q2 we started to move machinery into the facility for the first phase of production there. This will be a simplified, more cost-effective version of our Model 3 line with capacity of 150,000 units per year – the second generation of the Model 3 production process,” the company wrote.

Even without a regional Gigafactory, Tesla’s sales and deliveries in Europe have indicated a healthy demand. “In Europe, Model 3 is approaching sales levels of established premium competitors,” Tesla stated. Musk’s personal estimate for worldwide Model 3 demand during the Q2 earnings call was 15,000 per week globally, and a European Gigafactory would certainly make a difference in Tesla’s ability to meet that level of delivery demand.

Tesla Gigafactory 4 in Europe to be decided this year, production in 2021


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SpaceX’s Starhopper aborts first free flight after igniting Raptor engine, catching fire [updated]


SpaceX has aborted Starhopper’s inaugural untethered flight test shortly after the planned T-0 liftoff time and is in the process of analyzing telemetry to see if another attempt is possible tonight.

At the planned T-0, Starhopper successfully ignited its single Raptor engine before quickly shutting down, at which point a fairly large fire began at a methane vent near the rocket’s domed top. Although the location was different, the fire was extremely reminiscent of a similar ‘fast-fire’ that occurred shortly after Starhopper’s dedicated July 16th static fire test, effectively engulfing the rocket in a fireball after unburnt methane was ignited.

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Update (10:25 pm CDT): SpaceX has scrubbed Starhopper’s second hover test attempt of the day, pushing the test until at least Thursday, July 25th. Stay tuned for updates on the Starship testbed’s schedule.

Update (9:30 pm CDT): SpaceX is officially GO for a second hover test attempt.

Update: SpaceX is still holding out for a second hover test attempt tonight, pending data review and re-confirmed readiness from the test’s on-console operators.

Above all else, it’s hard to emphasize how transparent SpaceX is being by publicly broadcasting what is effectively a developmental test for a rough rocket prototype – a test that could very easily end in some kind of failure. SpaceX kept the webcast live for a solid 15 minutes after the aborted hover test and minor vent fire but has since ended it and is reportedly analyzing whether another hover attempt can be made tonight (July 24th).

Most likely, the test will be scrubbed and another attempt will be made tomorrow after the vehicle has been detanked and technicians are able to inspect Starhopper for damage after a methane valve appeared to turn into a mighty impressive flamethrower.

Stayed tuned for updates from SpaceX, CEO Elon Musk, and other local observers. The aborted test can be watched at the link below.

Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.

SpaceX’s Starhopper aborts first free flight after igniting Raptor engine, catching fire [updated]


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Tesla Autopilot’s stop sign, traffic light recognition and response is operating in ‘Shadow Mode’


Tesla has taken some steps forward in its effort to attain full self-driving for its vehicles. In the company’s recently released Q2 Update Letter, Tesla stated that it is making headway towards stopping at stop signs and traffic lights, and that the feature is currently operating in “Shadow Mode.”

“We are making progress towards stopping at stop signs and traffic lights. This feature is currently operating in “shadow mode” in the fleet, which compares our software algorithm to real-world driver behavior across tens of millions of instances around the world,” Tesla wrote.  

Traffic light and stop sign recognition is a critical component of Tesla’s Full Self-Driving suite, considering that the vehicles will be operating autonomously inside cities. Together with general automatic driving in city streets, Tesla currently lists stop sign and traffic light recognition and response as features that are set to be released later this year. 

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Considering that traffic light and stop sign recognition and response is already operating in Shadow Mode, it will likely only be a matter of time before the features will start getting rolled out to members of the company’s early access program. Once these capabilities are refined, the electric car maker could take a definitive step towards attaining full self-driving, and in extension, launching the Tesla Network’s Robotaxi service. 

Tesla’s second-quarter Update Letter also mentioned developments in other aspects of its Autopilot and Full Self-Driving initiative. For one, Tesla noted that it is making significant progress on Enhanced Summon, which is already being tested among early access program members. The company also mentioned that its Hardware 3 computer is now in full production. 

“As safety has always been a priority for us, Model 3 received the highest ever ratings in the Safety Assist category of Euro NCAP’s new and more stringent testing protocols. New active safety features built on our Autopilot and Full Self-Driving (FSD) hardware and software suite contributed to this achievement. Development of new features continued in Q2 as we launched Navigate on Autopilot in new regions including Europe and China. We are making progress on our next major update: Enhanced Summon, which is currently in our early access program. Our new FSD computer, which is ~21x faster than our previous HW2.5 computer, has been in production since Q2,” Tesla wrote.

Tesla is yet to introduce the full capabilities of its FSD suite to its fleet, though Musk has stated that he expects the system to be “feature complete” by the end of 2019. During the Q2 earnings call, Musk added that he expects Full Self-Driving to be offered to the international markets such as China as well, though Europe might be an exception due to specific regulations in the region.

Tesla Autopilot’s stop sign, traffic light recognition and response is operating in ‘Shadow Mode’


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SpaceX CEO Elon Musk hints that Starship’s ‘sweating’ metal heat shield is no more


In the latest entry of SpaceX’s ever-changing Starship design process, CEO Elon Musk has indicated that the nominally reusable orbital spacecraft has moved away from a liquid-cooled steel heat shield to something slightly more traditional.

This information came as a SpaceX engineer announced during Cargo Dragon’s CRS-18 webcast that the twice-flown spacecraft would mark the first orbital test of a ceramic heat shield tile meant for use on Starship’s windward side. This major design change comes as a significant surprise and seems likely to either delay Starship’s orbital debut or hinder its ultimate reusability, although Musk just as recently claimed that the spacecraft could reach orbit for the first time less than six months from now.

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Back in late-2018 and early-2019, Musk took to Twitter to announce that SpaceX was pursuing an exotic metallic heat shield that would be cooled in large part by flowing liquid methane through tiny holes on its exterior, effectively ‘sweating’ away energy and preventing steel tiles from melting.

Despite incontrovertible evidence that SpaceX performed some amount of significant testing on the hexagonally-tiled steel heat shield concept, Musk’s July 24th tweets indicate that the liquid-cooled heat shield is unlikely to ever be used on Starship. For unknown reasons, SpaceX is instead pursuing some sort of thin ceramic heat shielding to protect the entirety of Starship’s windward side (i.e. the side facing the atmosphere during reentry). A handful of the first flight-qualified ceramic tiles – shaped for Dragon instead of Starship – will be tested on Cargo Dragon during the spacecraft’s orbital mission and eventual reentry.

Of note, this is not the only major design change Starship has undergone in just the last few months. Speaking on May 30th, Elon Musk stated that the design of Starship’s landing legs/fins and actuating wings and flaps has changed significantly since SpaceX revealed the new tripod fins + canard wings configuration in September 2018. According to Musk, that change will (or at least should) not significantly impact Starship’s schedule.

Starship has been shown with actuating fins and canard wings since SpaceX’s September 2018 update. (SpaceX)

In fact, per his July 2019 claims that the first full-fidelity Starship prototype(s) could begin test flights in September/October and reach orbit as early as December/January, the Starship/Super Heavy schedule has actually radically sped up in the first half of 2019. In December 2018, Musk stated that he believed Starship had a 60% chance of reaching orbit in 2020, let alone late-2019.

For Starship, the massive spacecraft’s heat shield is arguably its single most important component. A failure to ensure that the heat shield is unprecedentedly reusable and reliable – even in the face of ultra-high-velocity interplanetary reentries – will severely limit Starship’s ability to achieve its ultimate goals of enabling affordable access to space and building a sustainable city on Mars. Musk’s comment that ceramic tiles are just “a possible” Starship heat shield element further indicates that SpaceX has yet to firmly settle on a heat shield design, let alone qualify said shield for orbital flight or kick off the mass-production necessary to completely cover multiple Starship halves.

Simply put, nothing like this will happen until SpaceX can firmly settle on, develop, and field an ultra-high-performance heat shield for Starship. (SpaceX)

Admittedly, there is still some good news in this unfortunate development. Most notably, the fact that Starship will still be made of steel means that the non-metallic heat shield tiles can be extremely thin and light, as they can be more or less directly attached to Starship’s steel hull. Additionally, steel Super Heavy boosters may be able to get away with zero heat shielding thanks to the relatively high melting point and heat resistance of certain varieties of stainless steel.

So long as both of those characteristics remain true, it’s likely that it will still make sense for Starship/Super Heavy to be built entirely out of steel instead of something like aluminum or carbon composite. With any luck, Elon Musk will provide a detailed update on the status of SpaceX’s next-generation launch vehicle soon after Starhopper survives its first untethered flight test.

Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.

SpaceX CEO Elon Musk hints that Starship’s ‘sweating’ metal heat shield is no more


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SpaceX’s Starhopper on track for today’s hover test after Cargo Dragon launch scrubbed [updated]


Update: Starhopper briefly ignited its single Raptor engine before a methane vent caught fire and the hover test was rapidly aborted. The prototype rocket does not appear to have left the ground, the fire is now out, and SpaceX is reportedly analyzing opportunities for another hover test attempt tonight (July 24th).

SpaceX’s Starhopper aborts first free flight after igniting Raptor engine, catching fire

SpaceX aborted a planned Starhopper hop test shortly after igniting the vehicle’s lone Raptor engine. (SpaceX)

According to updates from NASASpaceflight.com, SpaceX’s Starhopper prototype remains on track for a planned hover test debut later this evening (July 24th), set to become the first time the vehicle has flown in an untethered configuration.

Despite suffering a minor fireball on July 17th following a successful Raptor static fire test, Starhopper was quickly deemed to be unharmed and any minor damage suffered was easily repaired in a handful of days. Delayed from early to mid-July due to issues with Raptor SN05 that led to Raptor SN06 taking its place as the hover test engine of choice, SpaceX has nevertheless taken that and other hurdles in stride and is now ready for Starhopper’s first untethered flight test.

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According to tireless Boca Chica local Mary (username BocaChicaGal), Starhopper fueling began around 6:10 pm Central Time (CDT), just a few minutes behind SpaceX’s nominal hover test schedule. Due to just how close local residents are to Starhopper’s launch pad, the actual act of propellant loading – enabled by strong pumps – is easily audible to residents and visitors of Boca Chica Village.

Assuming Starhopper operations are similar to Falcon 9 and Falcon Heavy, the unusual Starship testbed and prototype should be ready for its inaugural untethered flight, hover, and divert test sometime between 7 pm and 8 pm CDT (5-6 pm PDT). According to CEO Elon Musk, the test will be livestreamed by SpaceX itself, on top of an array of unofficial livestreams hosted by local residents and visitors.

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SpaceX’s Starhopper on track for today’s hover test after Cargo Dragon launch scrubbed [updated]


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