News
SpaceX will host Hyperloop Pod Competition next week, Jan 27-29, 2017
Get ready to see Hyperloop concept pods fire through the 1-mile test track located outside of SpaceX and Tesla’s Design Studio in Hawthorne, California, next week between January 27-29. Elon Musk and SpaceX first unveiled the idea for a new high-speed ground transport system called the Hyperloop on August 12, 2013 with the publication of a white paper, the Hyperloop Alpha Preliminary Design Study. SpaceX’s sponsored Hyperloop Pod Competition is an incentive prize competition created to inspire university students and independent engineering teams to design and build a subscale prototype transport vehicle (a “Hyperloop pod”) that will demonstrate technical feasibility of various aspects of the high speed transportation concept. To support this competition, SpaceX has constructed a test track outside of its headquarters which we had the opportunity to see during early construction last year.
There are three judging phases in the Hyperloop Pod competition: a design competition that was held in January 2016 and an on-track competition to be held January 27–29, 2017 (Competition Weekend I), followed by a Summer 2017 (Competition Weekend II). The original specification for the Competition Basic for the Design Weekend and the competition Weekend I, though no longer available at SpaceX, can still be found online.
DESIGN WEEKEND
The Design weekend was held in January 2016 at Texas A&M University. Awards were given in three categories:
SUBSYSTEM
Best Overall Subsystem Award: Auburn University | Auburn University Hyperloop Team.
DESIGN ONLY
Top Design Concept Award: Universitat Politècnica de Valencia | Makers UPV Team
DESIGN AND BUILD CATEGORY OVERALL
Massachusetts Institute of Technology | MIT Hyperloop Team
MIT Hyperloop Team’s design was awarded the “Best Overall Design Award”, among the 23 designs selected to move to the prototype stage. The design proposes a 250 kg (551 lb) pod with a carbon fiber and polycarbonate sheet exterior. It is elevated by a passive magnetic levitation system comprising 20 neodymium magnets that will maintain a 15 mm (0.6 in) distance above the track. The team says with air pressure at 140 Pascals, the pod could accelerate at 2.4 G and have 2 Newton aerodynamic drag when traveling at 110 m/s. The design includes a fail-safe braking system that automatically halts the pod should the actuators or computers fail, and low speed emergency drive wheels that can move the pod 1 m/s. Delft Hyperloop received a “Pod Innovation Award”, while Badgerloop at University of Wisconsin, Madison, Hyperloop at Virginia Tech, and HyperXite at UC Irvine each received a “Pod Technical Excellence Award.” The full list of Awards and news clips from the Design Weekend can be found at the Texas A&M University Engineering web site. Besides the winning teams, several other teams were invited to compete in the upcoming Competition Weekend I from the Design and Build category:
- rLoop (Non-student team)
- University of Waterloo | uWaterloo Hyperloop
- University of Washington | UWashington Hyperloop
- University of Toronto | University of Toronto
- University of Maryland and Rutgers University | RUMD Loop
- University of Florida | GatorLoop
- University of of Colorado, Denver | Team HyperLynx
- University of Cincinnati | Hyperloop UC
- University of California, Santa Barbara | UCSB Hyperloop
- University of California, Berkeley | bLoop
- Texas A&M University | TAMU Aerospace Hyperloop
- Technical University of Munich | WARR Hyperloop
- Purdue University | Purdue Hyperloop Design Team
- Oral Roberts University | Codex
- Lehigh University | Lehigh Hyperloop
- Keio University | Keio Alpha
- Drexel University | Drexel Hyperloop
- Carnegie Mellon University | Carnegie Mellon Hyperloop
In February 3, 2016 eight more teams advanced to Competition Weekend I.
- Cornell University + Harvey Mudd College + University of Michigan + Northeastern University + Memorial University of Newfoundland(Canada) + Princeton University | OpenLoop
- Louisiana State University | Bayou Bengals
- New York University | NYU Hyperloop
- RMIT University | VicHyper
- John’s High School | HyperLift
- University of Illinois at Urbana-Champaign | Illini Hyperloop
- University of Southern California | USC Hyperloop
- University of Wisconsin, Milwaukee | Mercury Three
In the end, 30 of the 115 teams that submitted designs in January 2016 were selected to build hardware to compete in Competition Weekend I. There were more than 1,000 applicants at earlier stages of the competition.
JUDGING CRITERIA
Originally, the second Phase of the competition was supposed to involve competitive runs in the Hyperloop test track to be awarded based on various classes (fully functional pod, susbsystem test pod, etc.) and pod mass. This phase of the competition was renamed“Competition Weekend I,” when SpaceX added a third phase of the competition, Competition Weekend II. The original SpaceX Hyperloop Pod Competition – Rules and Requirements for Weekend I can be seen at the end of this article. We’ve embedded a copy of the original document from SpaceX.
The Judging Criteria are listed in the document, and involve scoring in 4 different categories, for a maximum overall total of 2500 points.
- Category 1: Final Design and Construction (500 points)
- Category 2: Safety and Reliability (500 points)
- Category 3: Performance in Operations (500 points)
- Category 4: Performance in Flight (1000 points)
HYPERLOOP TEST TRACK
AECOM, a company that has designed and built some of the world’s most impressive transportation systems, was selected to design and build the world’s first Hyperloop test track as part of the pod competition hosted by SpaceX
The track is a straight one-mile run on Jack Northrop Avenue, between Crenshaw Blvd. and Prairie Ave. The SpaceX Hyperloop test track — or Hypertube — was designed in 2015 and was constructed in the fall 2016, reaching its full length of one mile by October 2016. The test track’s six-foot diameter steel tube includes a non-magnetic sub-track and said to be capable of achieving 99.8 percent vacuum. The test track itself is also a prototype, where SpaceX anticipates learning from the design, build process and evaluates how to apply automated construction techniques to future Hyperloop tracks.
The Hypertube test track is designed to enable competitors who implement a wide array of designs and build pods that will test a variety of subsystem technologies that are important to new vehicle transport systems. This will include Hyperloop-specific pods—with air-bearing suspension and low-pressure compressor designs—as well as wheeled vehicle and magnetic levitation rail designs that will support a wide array of vehicle technologies to be tested. While the Design Weekend held at Texas A&M University was open to the public, it is unclear if the Competition Weekend I will be as well, or if it will be an invitation only event like many of the SpaceX and Tesla events. Several inquiries for tickets posted to the Twitter account of the Hyperloop Pod Competition went unanswered. The Official SpaceX Hyperloop Pod Competition page does not shed any light on who will be able to attend either.
HYPERLOOP POD COMPETITION II
According to SpaceX, “based on the high-quality submissions and overwhelming enthusiasm surrounding the competition, SpaceX is moving forward with a second installment of the competition: Hyperloop Pod Competition II, which will culminate in a second competition in Summer 2017 at SpaceX’s Hyperloop test track. Hyperloop Competition II will be focused on a single criterion: maximum speed. The second competition is open to new student teams interested in competing on the test track, as well as to existing student teams who have already built and tested Pods to further refine their designs.” The Competition Weekend II event will be held in the Summer 2017 at the same SpaceX Hyperloop test track.
[pdf-embedder url=”http://www.teslarati.com/wp-content/uploads/2017/01/spacex-hyperloop-competition-rules.pdf”]
Elon Musk
Tesla schedules Roadster unveiling event, and you won’t believe when it is
Tesla has tentatively scheduled its unveiling event for the Roadster’s next-generation iteration, and you will not believe the date the company picked for it.
Tesla CEO Elon Musk said during the 2025 Annual Shareholders Meeting that the company is aiming for an April 1 demo event.
Yes, April Fools’ Day.
🚨 Tesla’s unveiling event for the Roadster Gen 2 is scheduled for April 1, 2026.
Yes, April Fools’ Day. pic.twitter.com/sw09GUYFPV
— TESLARATI (@Teslarati) November 6, 2025
Tesla originally aimed for its “most epic demo” to take place at the end of this year. However, the writing on the wall as 2025 winds down seemed to indicate the company was not quite ready to show off everything it plans to implement into the Roadster.
Its capabilities have been teased quite heavily throughout most of the year, but the biggest hints came last week when Musk appeared on the Joe Rogan Experience Podcast.
He said:
“Whether it’s good or bad, it will be unforgettable. My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars. I think if Peter wants a flying car, he should be able to buy one…I think it has a shot at being the most memorable product unveil ever. [It will be unveiled] hopefully before the end of the year. You know, we need to make sure that it works. This is some crazy technology in this car. Let’s just put it this way: if you took all the James Bond cars and combined them, it’s crazier than that.”
The Roadster has been somewhat of a letdown, at least in its newest version, thus far. Tesla has routinely delayed the project, putting those who put lofty down payments on the car in a weird limbo, lost at what to do.
One notable pre-orderer cancelled his reservation last week and got in a spat with Musk about it.
Now that there is a definitive date for the Roadster unveiling, Musk and Co. should have a more definitive cutoff date for features and capabilities. Chief Designer Franz von Holzhausen said earlier this year that when they showed Musk what they had done with the Roadster, the CEO encouraged them to do even more with it.
This delayed things further.
Musk also said he believes production would begin between 12 and 18 months after the unveiling, putting it out sometime in 2027.
Elon Musk
Tesla (TSLA) shareholders officially approve Elon Musk’s 2025 performance award
To earn his landmark pay package, Musk would be required to lift Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade.
Tesla (NASDAQ:TSLA) CEO Elon Musk has officially approved his 2025 Performance Award, a landmark pay package that could make him the world’s first trillionaire and make Tesla the most valuable company in the world by a mile.
The 2025 CEO Performance Award was officially approved by Tesla shareholders at the 2025 Annual Shareholder Meeting.
Elon Musk‘s landmark pay package
As per Tesla, more than 75% of the shareholders approved Elon Musk’s 2025 CEO Performance Award. It was then unsurprising that the approval of Elon Musk’s pay plan received overwhelming applause from the event’s attendees.
The CEO took to the stage with much enthusiasm, welcoming every shareholder to the event and dancing briefly on stage. Optimus also danced on stage smoothly, demonstrating its improved movements to much appause.
Elon Musk’s 10-year targets
To earn his 2025 CEO Performance Award, Musk would be required to grow Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade. At that level, Tesla would surpass every major public company in existence. The compensation plan also requires Tesla’s operating profit to grow from $17 billion last year to $400 billion annually.
Apart from leading Tesla to become the world’s biggest company in history, Musk is also required to hit several product targets for the electric vehicle maker. These include the delivery of 20 million Tesla vehicles cumulatively, 10 million active FSD subscriptions, 1 million Tesla bots delivered, and 1 million Robotaxis in operation.
Elon Musk
Tesla 2025 Annual Shareholder Meeting: How to watch
The 2025 Tesla Annual Shareholder Meeting from Gigafactory Texas is set to kick off at 4 p.m. EDT, 3 p.m. CDT.
The company will be having its typical presentation for the event, where CEO Elon Musk, along with other executives will discuss things like future products, the outlook of its self-driving development, potential releases for next year, and some current events within the company.
However, this year’s Shareholder Meeting has slightly more implications than others, as Investors and Shareholders have spent the last several months petitioning and supporting one of the proposals on the docket that could be the deciding factor in Musk staying or leaving Tesla.
Elon Musk’s new pay plan ties trillionaire status to Tesla’s $8.5 trillion valuation
Proposal four outlines a new compensation package for Musk that could give him $1 trillion in shares if he is able to complete a variety of lofty goals related to production, self-driving, and other important company projects.
Musk has said that he is truly after more influence on company decisions, especially as the Tesla Optimus program is ramping up and becoming a more relevant part of the company’s story.
The CEO said during the Q3 Earnings Call that he would not feel comfortable developing an “army of robots” if he did not have a comfortable amount of influence in some of the decisions. He could be voted our or out-influenced by what he calls “activist shareholders.”
One of those investors came after his past pay package, which was approved by shareholders not once, but twice. Musk still was not able to obtain the pay because of a Delaware Chancery Court ruling.
Nevertheless, this is one of the last ditch efforts Tesla is making to get Musk the compensation that he wants.
The meeting is set to kick off at 3 p.m. local time in Austin. You can watch it via the livestream on X:
Here is the link to Tesla’s 2025 Annual Shareholder Meeting:https://t.co/29dN4gkMWY
— TESLARATI (@Teslarati) November 6, 2025
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