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Elon Musk Unveils Hyperloop Plans
Like a giant silver bullet shot from a gun at up to 800 miles per hour, Elon Musk unveils Hyperloop plans which promises to transport people (and cars) across California faster than bullet trains — and at a fraction of the cost.
Musk finally unveiled the official concept Monday afternoon
, to media hoopla worthy of the Segway’s introduction, after teasing the idea of a magnetically propelled something-or-other for the past year
Called Hyperloop, it would entail sleek pods that travel within low-pressure tubes that are nearly airless. The pods would hover on a cushion of air, floating above thin skis of a custom metal alloy; air sucked in from an intake in front of the pod would be compressed and ejected beneath to levitate it above the metal sleeve of its tube. Electromagnets would zap the craft forward at high speeds — some would say “ludicrous speed,” in the words of the classic film “Spaceballs.”
Sound crazy? That’s what Daryl Oster said as well.
“At first I thought, yeah, this is the craziest thing I’ve ever heard of,” Oster, the CEO of California company ET3
, told Fox Business.
He was talking of the general concept of magnetic levitation, yet that and Musk’s ideas are not all that far fetched after all. Indeed, Oster’s company is already hard at work making a similar concept work.
Mr. Oster, meet the competition.
Musk is the uber-brainy genius who invented PayPal, privatized outer space through SpaceX and finally made electric cars a commercial force through his company Tesla Motors. In a blog post at the car company’s website
, he detailed the concept — after a long night spent dotting I’s and crossing T’s.
It was born from frustration at his state’s plan to build a bullet train that he called one of the most expensive per mile and one of the slowest in the world.
“It would be great to have an alternative to flying or driving, but obviously only if it is actually better than flying or driving,” Musk wrote. The Hyperloop concept is that option, he said, a fifth mode of transportation after planes, trains and automobiles (and boats).
He detailed the concept for the Hyperloop in a PDF accompanying his blog post
, which explores the entire concept, from concrete pylons to the solar panels that would power the system. He’s even pinned down the number of passengers per pod (28) and the estimated cost of a one-way ticket ($20 — not bad). Indeed, Musk envisions a system that would be somewhat self-sustaining.
“The Hyperloop can generate far in excess of the energy needed to operate,” he wrote, thanks to solar panels lining the top of the steel tube.
Oh, and one more thing: There’s no sonic boom with Hyperloop. According to “Businessweek,” which interviewed Musk ahead of his announcement, the pods could in theory travel at high speeds without breaking the sound barrier.
“The pod can go just below the speed of sound relative to the air,” Musk said.
After all the hype, however, Hyperloop is still just hot air. Musk has publicly stated that he is too busy to explore the concept himself, instead releasing the idea into the public domain to see what others will do with it. It’s up to Oster and others to turn the idea into reality.
And for his part, Oster believes “maglev” transportation is very much real.
“It’s literally space travel on Earth,” he said.
News
Tesla China rolls out Model 3 insurance subsidy through February
Eligible customers purchasing a Model 3 by February 28 can receive an insurance subsidy worth RMB 8,000 (about $1,150).
Tesla has rolled out a new insurance subsidy for Model 3 buyers in China, adding another incentive as the automaker steps up promotions in the world’s largest electric vehicle market.
Eligible customers purchasing a Model 3 by February 28 can receive an insurance subsidy worth RMB 8,000 (about $1,150).
A limited-time subsidy
The insurance subsidy, which was announced by Tesla China on Weibo, applies to the Model 3 RWD, Long Range RWD, and Long Range AWD variants. Tesla stated that the offer is available to buyers who complete their purchase on or before February 28, as noted in a CNEV Post report. The starting prices for these variants are RMB 235,500, RMB 259,500, and RMB 285,500, respectively.
The Tesla Model 3 Performance, which starts at RMB 339,500, is excluded from the subsidy. The company has previously used insurance incentives at the beginning of the year to address softer seasonal demand in China’s auto market. The program is typically phased out as sales conditions stabilize over the year.
China’s electric vehicle market
The insurance subsidy followed Tesla’s launch of a 7-year low-interest financing plan in China on January 6, which is aimed at improving vehicle affordability amid changing policy conditions. After Tesla introduced the financing program, several automakers, such as Xiaomi, Li Auto, Xpeng, and Voyah, introduced similar long-term financing options.
China’s electric vehicle market has faced additional headwinds entering 2026. Buyers of new energy vehicles are now subject to a 5% purchase tax, compared with the previous full exemption. At the same time, vehicle trade-in subsidies in several cities are expected to expire in mid-November.
Tesla’s overall sales in China declined in 2025, with deliveries totaling 625,698 vehicles, down 4.78% year-over-year. Model 3 deliveries increased 13.33% to 200,361 units, while Model Y deliveries, which were hampered by the changeover to the new Model Y in the first quarter, fell 11.45% to 425,337 units.
News
Tesla hiring Body Fit Technicians for Cybercab’s end of line
As per Tesla’s Careers website, Body Fit Technicians for the Cybercab focus on precision body fitment work, including alignment, gap and flush adjustments.
Tesla has posted job openings for Body Fit Technicians for the Cybercab’s end-of-line assembly, an apparent indication that preparations for the vehicle’s initial production are accelerating at Giga Texas.
Body Fit Technicians for Cybercab line
As per Tesla’s Careers website, Body Fit Technicians for the Cybercab focus on precision body fitment work, including alignment, gap and flush adjustments, and certification of body assemblies to specification standards.
Employees selected for the role will collaborate with engineering and quality teams to diagnose and correct fitment and performance issues and handle detailed inspections, among other tasks.
The listing noted that candidates should be experienced with automotive body fit techniques and comfortable with physically demanding tasks such as lifting, bending, walking, and using both hand and power tools. The position is based in Austin, Texas, where Tesla’s main Cybercab production infrastructure is being built.
Cybercab poised for April production
Tesla CEO Elon Musk recently reiterated that the Cybercab is still expected to start initial production this coming April. So far, numerous Cybercab test units have been spotted across the United States, and recent posts from the official Tesla Robotaxi account have revealed that winter tests in Alaska for the autonomous two-seater are underway.
While April has been confirmed as the date for the Cybercab’s initial production, Elon Musk has also set expectations about the vehicle’s volumes in its initial months. As per the CEO, the Cybercab’s production will follow a typical S-curve, which means that early production rates for the vehicle will be very limited.
“Initial production is always very slow and follows an S-curve. The speed of production ramp is inversely proportionate to how many new parts and steps there are. For Cybercab and Optimus, almost everything is new, so the early production rate will be agonizingly slow, but eventually end up being insanely fast,” Musk wrote in a post on X.
News
Swedish unions consider police report over Tesla Megapack Supercharger
The Tesla Megapack Supercharger opened shortly before Christmas in Arlandastad, outside Stockholm.
Swedish labor unions are considering whether to file a police report related to a newly opened Tesla Megapack Supercharger near Stockholm, citing questions about how electricity is supplied to the site. The matter has also been referred to Sweden’s energy regulator.
Tesla Megapack Supercharger
The Tesla Megapack Supercharger opened shortly before Christmas in Arlandastad, outside Stockholm. Unlike traditional charging stations, the site is powered by an on-site Megapack battery rather than a direct grid connection. Typical grid connections for Tesla charging sites in Sweden have seen challenges for nearly two years due to union blockades.
Swedish labor union IF Metall has submitted a report to the Energy Market Inspectorate, asking the authority to assess whether electricity supplied to the battery system meets regulatory requirements, as noted in a report from Dagens Arbete (DA). The Tesla Megapack on the site is charged using electricity supplied by a local company, though the specific provider has not been publicly identified.
Peter Lydell, an ombudsman at IF Metall, issued a comment about the Tesla Megapack Supercharger. “The legislation states that only companies that engage in electricity trading may supply electricity to other parties. You may not supply electricity without a permit, then you are engaging in illegal electricity trading. That is why we have reported this… This is about a company that helps Tesla circumvent the conflict measures that exist. It is clear that it is troublesome and it can also have consequences,” Lydell said.
Police report under consideration
The Swedish Electricians’ Association has also examined the Tesla Megapack Supercharger and documented its power setup. As per materials submitted to the Energy Market Inspectorate, electrical cables were reportedly routed from a property located approximately 500 meters from the charging site.
Tomas Jansson, ombudsman and deputy head of negotiations at the Swedish Electricians’ Association, stated that the union was assessing whether to file a police report related to the Tesla Megapack Supercharger. He also confirmed that the electricians’ union was coordinating with IF Metall about the matter. “We have a close collaboration with IF Metall, and we are currently investigating this. We support IF Metall in their fight for fair conditions at Tesla,” Jansson said.
