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Tesla CEO's Plans for ‘Hyperloop’ Tranport System Coming in August

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Billionaire chairman and CEO of Tesla Motors and SpaceX visionary Elon Musk says he will release designs next month for a system capable of rapidly transporting people from Los Angeles to San Francisco via a tube in under 30 minutes.

In several recent Twitter posts, the real-life Tony Stark has stated he will be “happy to work with the right partners” on the project, called Hyperloop, as long as they share his vision of developing the technology “fast and without wasting money.”

Musk says he is welcoming “critical feedback” on the system and will publish his plans by August 12 as open source.

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