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He said this was be a new kind of mass transport system. “I want something that is faster than a plane, costs less, can’t crash, and is immune to weather.” It also can’t have a right of way issue, where people have to give up their homes.
But he would reveal more details later, after he’d completed more calculations.
Elon says he wants no controlling role in any company which might emerge from the Hyperloop system: “I just want to put it out there in a way that doesn't require me to do day-to-day execution… I would like to do less, actually. I tried my hardest to avoid being CEO of Tesla. Running two companies is not the most fun thing in the world.”
So Elon also did not want to be CEO of Tesla but ended up with that job anyway.
See more and subscribe to NextBigFuture at 2012-11-30 10:42:14 Source: http://nextbigfuture.com/2012/11/elon-musk-and-his-team-are-checking.html