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Elon Musk Unveils Hyperloop Plans
Like a giant silver bullet shot from a gun at up to 800 miles per hour, Elon Musk unveils Hyperloop plans which promises to transport people (and cars) across California faster than bullet trains — and at a fraction of the cost.
Musk finally unveiled the official concept Monday afternoon
, to media hoopla worthy of the Segway’s introduction, after teasing the idea of a magnetically propelled something-or-other for the past year
Called Hyperloop, it would entail sleek pods that travel within low-pressure tubes that are nearly airless. The pods would hover on a cushion of air, floating above thin skis of a custom metal alloy; air sucked in from an intake in front of the pod would be compressed and ejected beneath to levitate it above the metal sleeve of its tube. Electromagnets would zap the craft forward at high speeds — some would say “ludicrous speed,” in the words of the classic film “Spaceballs.”
Sound crazy? That’s what Daryl Oster said as well.
“At first I thought, yeah, this is the craziest thing I’ve ever heard of,” Oster, the CEO of California company ET3, told Fox Business.
He was talking of the general concept of magnetic levitation, yet that and Musk’s ideas are not all that far fetched after all. Indeed, Oster’s company is already hard at work making a similar concept work.
Mr. Oster, meet the competition.
Musk is the uber-brainy genius who invented PayPal, privatized outer space through SpaceX and finally made electric cars a commercial force through his company Tesla Motors. In a blog post at the car company’s website, he detailed the concept — after a long night spent dotting I’s and crossing T’s.
It was born from frustration at his state’s plan to build a bullet train that he called one of the most expensive per mile and one of the slowest in the world.
“It would be great to have an alternative to flying or driving, but obviously only if it is actually better than flying or driving,” Musk wrote. The Hyperloop concept is that option, he said, a fifth mode of transportation after planes, trains and automobiles (and boats).
He detailed the concept for the Hyperloop in a PDF accompanying his blog post, which explores the entire concept, from concrete pylons to the solar panels that would power the system. He’s even pinned down the number of passengers per pod (28) and the estimated cost of a one-way ticket ($20 — not bad). Indeed, Musk envisions a system that would be somewhat self-sustaining.
“The Hyperloop can generate far in excess of the energy needed to operate,” he wrote, thanks to solar panels lining the top of the steel tube.
Oh, and one more thing: There’s no sonic boom with Hyperloop. According to “Businessweek,” which interviewed Musk ahead of his announcement, the pods could in theory travel at high speeds without breaking the sound barrier.
“The pod can go just below the speed of sound relative to the air,” Musk said.
After all the hype, however, Hyperloop is still just hot air. Musk has publicly stated that he is too busy to explore the concept himself, instead releasing the idea into the public domain to see what others will do with it. It’s up to Oster and others to turn the idea into reality.
And for his part, Oster believes “maglev” transportation is very much real.
“It’s literally space travel on Earth,” he said.
Tesla revealed plans to develop its own maps internally to fix Navigation issues and give owners more control over their routing.
On the company’s Q3 2026 Earnings Call, a question was asked about FSD Navigation issues, particularly speed limit recognition, parking, and routing. These are issues that surface from version to version and seem to be seriously challenging for Tesla’s AI team to resolve.
Tesla’s Head of AI, Ashok Elluswamy, said in response to the question:
“You’re totally right that we shouldn’t be depending on external people’s maps. So we are building our own maps, but not like the same way as OneMoreMap. We are building an entirely new architecture with essentially AI-based mapping and navigation.”
He continued:
“It’s going to be super awesome. It’s going to be integrated with voice. You can talk to it, ask for different routes. It’s going to learn your personalized preferences, plus the fleet preferences. The collective intelligence of all the cars is going to flow into making the maps and navigation super cool.”
Elluswamy said this issue should be confronted, and the mapping should be available for people by the time the v15 release starts deploying to customers.
“And over the next several months,” he added, “it’s just going to take over all of the navigation functions, parking, destination handling. And it will know you better than you know yourself in some regard for the driving task, and then handle it fully.”
Tesla Summon got insanely good in FSD v14.3.2 — Navigation? Not so much
Navigation is perhaps the most notable complaint with FSD, and although it has gotten better, it is still flawed. Much of the time, FSD will take people on routes that are not preferred by the driver, but Tesla tried to combat this with a routing feature in the Summer 2026 Update.
Tesla currently relies on Google for map data, but it is sort of counterintuitive to believe the company would rely on a third party for this. These improvements will be welcome, as routing and navigation have been such a pain point for so many owners for so long.
Quotes via Motley Fool
Tesla Full Self-Driving (Supervised) showed a record attach rate at delivery for new vehicles in the third quarter of 2026.
75 percent of new vehicle deliveries in North America included a subscription to FSD software, up from 55 percent in the prior quarter, a 20-percentage-point sequential gain in the company’s most mature market.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla shed light on the Q3 Shareholder Deck that 75 percent of new deliveries came with an FSD subscription:
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets. “
The higher attach rate accompanied strong growth in the overall FSD consumer base, as active subscriptions rose to 1.75 million, a 67 percent year-over-year increase. For the first time, more than half of paid customers are on the monthly subscription, which is priced at $99 per month in the U.S.
People are buying FSD with a car attached, not the other way around
— Elon Musk (@elonmusk) October 21, 2026
The transition to subscriptions has accelerated since Tesla discontinued the one-time purchase option in most markets earlier this year. The recurring model improves revenue visibility and margins compared with large upfront payments. With three-quarters of North American deliveries now including FSD, the software is now an evidently large contributor to Tesla’s economics and ancillary revenue.
Geographic expansion remains important for further gains. FSD is now available in nine countries in the EU, and more than 100,000 customers have driven over 160 million kilometers. Tesla is pursuing broader EU-wide approval, with a related vote expected in December. Similar progress in additional markets could support higher attach rates beyond North America.
These results came as Tesla had a strong quarterly delivery performance of 486,532 vehicles in the quarter, which came with its largest passenger-vehicle backlog in four years. Battery supply continued to limit volume, but the company has pointed to FSD as a clear difference-maker that is helping sustain demand. As supervised capabilities improve, the attach rate will likely continue to improve.
At face value, it is a key measure of how Tesla is converting sales into autonomy progress.
Update: 10/22 10:51a – Para 1 consumers changed to “customers” for accuracy.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by customers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Tesla is building its own maps to fix Navigation issues
Tesla buyers are buying for Full Self-Driving and not for the car, data shows
