Some details that have leaked are that it travels through an evacuated tube and the electric power is supplied by solar, most likely using panels from Musk's Solar City and storage cells using at least some of Tesla's techs.
Tesla Motors CEO and co-founder Elon Musk started off his week on Monday by tweeting an announcement that, from anyone else, would have sounded like a tease for a bad sci-fi movie: "Will publish Hyperloop alpha design by Aug 12. Critical feedback for improvements would be much appreciated."
If you still think electric cars or rocket ships are cool, you haven't been keeping up with Musk. His "hyperloop" is a proposed "really rapid transit system" that he says will be able to get a passenger from San Francisco to Los Angeles in a half-hour. That would mean travel at 800 miles per hour, or about twice the speed of conventional aircraft.
He has been a little vague on how this works, except to say recently that the concept is "a cross between a Concorde, a railgun, and an air-hockey table."
Also, he says it will be impossible to crash, always available on demand, way less expensive than current travel options and, ideally, solar-powered.
Remember, this isn't Donald Trump talking trash. This is Elon Musk, who has already changed the nature of money, as a co-founder of PayPal, the electronic payments system.
Since selling PayPal to eBay, Musk has served as CEO of SpaceX, which is in the business of building rocket ships and spacecraft. The company, which he co-founded, is now under contract with NASA to service the International Space Station.
Of greater interest to today's investors, though, is Musk's role as co-founder, CEO, and CTO of Tesla Motors, the venture that is proving that building all-electric vehicles can be a profitable business.
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If you still think electric cars or rocket ships are cool, you haven't been keeping up with Musk. His "hyperloop" is a proposed "really rapid transit system" that he says will be able to get a passenger from San Francisco to Los Angeles in a half-hour. That would mean travel at 800 miles per hour, or about twice the speed of conventional aircraft.
He has been a little vague on how this works, except to say recently that the concept is "a cross between a Concorde, a railgun, and an air-hockey table."
Also, he says it will be impossible to crash, always available on demand, way less expensive than current travel options and, ideally, solar-powered.
Remember, this isn't Donald Trump talking trash. This is Elon Musk, who has already changed the nature of money, as a co-founder of PayPal, the electronic payments system.
Since selling PayPal to eBay, Musk has served as CEO of SpaceX, which is in the business of building rocket ships and spacecraft. The company, which he co-founded, is now under contract with NASA to service the International Space Station.
Of greater interest to today's investors, though, is Musk's role as co-founder, CEO, and CTO of Tesla Motors, the venture that is proving that building all-electric vehicles can be a profitable business.
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