Musk to Release ‘Hyperloop’ Tranport Plans Next Month
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Elon Musk, the billionaire chairman and chief executive officer of electric-vehicle maker Tesla Motors Inc., will release designs next month for a system he has said would be capable of whisking people from Los Angeles to San Francisco via a tube.
Musk will be “happy to work with the right partners” on the project, known as Hyperloop, if they share his goal of doing the technology “fast and without wasting money,” according to his Twitter posts today. Musk, 42, is seeking “critical feedback” on the system and will publish his plans by Aug. 12 as open source.