Tesla Motors Inc (NASDAQ:TSLA) is generating a lot of buzz on Wall Street and Main Street with its electric car and its online, direct-to-consumer business model that is turning the automotive industry on its ear (and has caused panic in the dealership world in the process). But perhaps the one thing that is generating more buzz than Tesla is the Twitter account of the Tesla boss.
Elon Musk and his Twitter account have been a driving force behind all of the buzz behind Tesla Motors Inc (NASDAQ:TSLA), and much of his cheerleading has borne fruit in terms of the vehicle itself, as the Model S has received much critical acclaim and has gained a lot of cachet among the alternative-fuel crowd and among those on Wall Street, who have helped the stock quadruple in value just in 2013 alone.
But most recently, Musk has gained some notoriety for himself and or his company without actually referring to his car company directly. Instead, the guy who developed PayPal and SpaceX is looking to take transportation to a “fifth mode,” as he describes it.
While we have no reason (yet) to believe that Tesla Motors will be in any way involved with this new Elon Musk description of modern travel, would anyone be terribly surprised if Tesla wasn’t somehow involved?
This new concept is what Musk calls a “hyperloop,” which seems to be a very space-age, futuristic transportation mode.
If it is at all related to the video on the next page, then Musk may reveal in mid-August a system of vacuum tubes that will allow small cars to pass through at high speeds without the use of oil or electric batteries, yet could get passengers from Los Angeles to San Francisco in 30 minutes, according to Musk. Might Tesla Motors Inc (NASDAQ:TSLA) be in the works to design the vehicles that would go into these vacuum tubes and reach speeds of more than 3,000 miles per hour?
According to the video, this patented technology would cost much less than high-speed rail or highway construction and would be eaiser to maintain and would be the fastest mode of passenger transport on the planet, with the ability to move passengers across the U.S. in less than an hour and from New York to Asia in about two hours. What might this mean?