Transport

Hyperloop Takes a Backseat to Elon Musk’s Space Travel and EV Dreams

Excerpt from Gizmodo

Aug 08, 2013 1:19 pm

Skift Take

Elon Musk is known for aggressively pursing his transportation dreams vis Tesla and SpaceX, but even he admits to overestimating his bounds after talking up a fifth form of transit.

— Samantha Shankman

Free Report: The Changing Business of Extended-Stay Hotels

Elon Musk, enthusiastic entrepre-nerd that he is, might have gotten a little bit ahead of himself with all the Hyperloop talk recently. On an investor call, he indicated that he has a pretty good idea about the design for the high-speed travel concept, but no plans to move forward with it—at least not with the gusto he’s pursued lofty goals like electric vehicles and private space exploration.

In short, Musk is throwing out the concept out there to the world, to see what people do with his idea. But he’s not about break out the shovel to start digging a foundation tomorrow.

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