(cont'd from yesterday's post)
A team of students from Massachusetts Institute of Technology (MIT) won the first round of competition last month to design a hyperloop pod, including its brakes, speed, stability and levitation. (If you didn't watch yesterday's video to see the concept, a "pod" carries either people or cargo through a large, nearly airless tube.)
Here's Elon explaining that the point of his hyperloop competitions is to generate creative energy toward this new transportation technology:
Next summer the 22 teams who qualified in January will bring their prototype to the next competition to take place on a track built by SpaceX next to their headquarters in California. The goal this time, Elon says, will be speed.
(cont'd tomorrow)
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