Elon Musk, chief executive officer of electric vehicle maker Tesla Motors Inc., will unveil designs for a solar-powered inter-city passenger transport system by Aug. 12.
The technology behind the system will be a “breakthrough” and Musk will be “happy to work with the right partners,” Musk said in Twitter posts today. Musk is seeking “critical feedback” on the system and will publish it as open source, according to the tweets.
Musk previously said that the so-called Hyperloop would be twice as fast as airplane travel and cheaper than high-speed rail. Musk is the chairman of SolarCity Corp. (SCTY), the rooftop power producer that’s more than quadrupled in value this year.
To contact the reporter on this story: Ehren Goossens in New York at [email protected]
To contact the editor responsible for this story: Reed Landberg at [email protected]
The technology behind the system will be a “breakthrough” and Musk will be “happy to work with the right partners,” Musk said in Twitter posts today. Musk is seeking “critical feedback” on the system and will publish it as open source, according to the tweets.
Musk previously said that the so-called Hyperloop would be twice as fast as airplane travel and cheaper than high-speed rail. Musk is the chairman of SolarCity Corp. (SCTY), the rooftop power producer that’s more than quadrupled in value this year.
To contact the reporter on this story: Ehren Goossens in New York at [email protected]
To contact the editor responsible for this story: Reed Landberg at [email protected]