In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
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.
Read MoreBoth Tesla and SolarCity are losing a lot of money, and both could be in serious trouble if Mr. Musk cannot figure out a way to start generate cash and a lot of it—and fast. Musk has taken a very bold gamble here; he’s essentially betting two of his companies on a fundamental shift in the way the world gets electricity. If that change does not occur, both Tesla and SolarCity will find themselves caught in the death spiral.
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What’s happened in oil and natural gas is likely to be repeated in other areas of energy, such as electricity. Electricity costs in the U.S. are rising because large utilities are in a position to monopolize electricity production and distribution in the country. This is likely to change because of technological progress.
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If it gets built, the Hyperloop could be very profitable, if railroad revenues are anything to go by: Union Pacific’s TTM revenue increased by nearly $2 billion between September 2013 and September 2014.
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