Tesla’s chief executive has revealed his plans to build the futuristic Hyperloop test track in Texas. The transport system will be able to travel at speeds of 700 miles per hour if it becomes a reality.
Limited details were revealed about the time of completion or cost though the test track will be used to conduct annual pod racer competitions. The developments for the ambitious project has been slow since the founder of PayPal announced his plans in 2013. The entrepreneur made the announcement while visiting The Lone Star State.
“Will be building a Hyperloop test track for companies and student teams to test out their pods,” tweeted Musk.
Musk stated that the test track will be five miles long making the concept closer to reality. Earlier, Musk revealed that the system will be able to transport passengers between Los Angeles and San Francisco in less than 30 minutes. The futuristic pneumatic train is based on a system of magnets for acceleration and braking making it faster than bullet trains.
Several startups have also started to show interest in Musk’s “so crazy it might work” plan that would cost about $6 billion for a passenger only model. A prototype would take about three to four years to complete and crowd-funded project based in California Hyperloop technologies have begun working on its development. However the company has not built a working prototype.
A team of 100 engineers are working on the Hyperloop project and indicated that it would take a minimum of 10 ears to build a commercial Hyperloop system. With Musk revealing the Hyperloop Alpha, the design of the futuristic system, he has hinted that the development is possible. However the chief executive stated that he has no plans to build the prototype as he is busy with Tesla and Space X.[ Via ]