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Tesla Motors CEO Elon Musk To Publish Hyperloop Plans In August

Elon Musk says he will release his Hyperloop plans on August 12. The long awaited reveal is sure to capture attention world wide.

Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk, has revealed his intention to publish the plans for his futuristic public transport scheme, the Hyperloop, by August 12. The engineering maven revealed the information using what appears to be his favorite form of communication, Twitter.

Tesla

Elon Musk has been teasing the world with Hyperloop plans for at least a year. The numbers that Musk rattled off in connection with the transport system seemed far too good to be true. Musk said that an initial line, or loop, between Los Angeles and San Francisco would cost $6 billion. The journey would last just 30 minutes, and would cost less than a car journey.

Will publish Hyperloop alpha design by Aug 12. Critical feedback for improvements would be much appreciated.

— Elon Musk (@elonmusk) July 15, 2013

Tesla Motors’ Elon Musk, Wild proclamations

Musk is known for making pretty wild proclamations, but he’s mostly turned out to have been pretty accurate. The Tesla Motors Inc (NASDAQ:TSLA) Model S was the first big break in electric cars, Space X is the first private firm to see success in space missions, and Solar Power at SolarCity Corp (NASDAQ:SCTY) is taking off.
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