In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Hyperloop might be the only thing that could save California’s dream of high speed rail from becoming a bureaucratic boondoggle and a national embarrassment. That could be the ultimate irony, because Musk originally proposed Hyperloop as an alternative to CHRSA. The billionaire was so disgusted by the slow speed and high cost of the original CHRSA rail proposals he devised an alternative.
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It looks as if there is no tech bubble; instead, there seems to be individual bubbles surrounding specific stocks. That situation does not look as dangerous as an across the board bubble, but it does indicate a far higher level of market volatility than is being reported.
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Volkswagen might also be a very undervalued stock. It had an enterprise value of $188.32 billion and a market cap of $99.39 billion on August 6, 2015, which indicates that its share price of $208.91 was too low.
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Even Warren Buffett, whose Berkshire Hathaway (NYSE: BRK.B) owns the iconic GEICO, has taken notice of the potential havoc this disruptive technology could wreak on insurers.
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One reason for this system is to make it easier to insure self-driving vehicles. Such standards will be vital if insurers are to develop policies for autonomous vehicles.
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Hyperloop Technologies Inc., or Hyperloop Tech, is building the first full-scale Hyperloop tube demonstration project in the parking lot of an abandoned truck garage in downtown LA’s seedy Arts District.
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My prediction is that battery-powered electrics will only win if larger car makers try to commercialize them. One has to wonder which of these technologies will end up alongside the Stanley Steamer as a footnote in automotive history.
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The most astounding prediction in the report is that it would take 2 hours and 45 minutes for hyperloop to get you from Los Angeles to New York. If that projection were to come true the airline industry would basically be toast
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Fierce competition is already developing in the largely hypothetical Hyperloop industry, according to Forbes. Hyperloop Tech and HTT consider each other rivals and engage in trash talking.
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UPS’s moves show that natural gas is a serious vehicle fuel and that those looking for a long-term energy play should take a good look at natural producers.
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