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SpaceX’s returning Hyperloop champion prepares to hit 372 mph on July 21 competition
For the fourth year in a row, SpaceX will be holding its Hyperloop Pod Competition. The event, which features teams of students from universities across the globe, is expected to raise the game this year, with returning champion TUM Hyperloop (formerly WARR Hyperloop) from the Technical University of Munich looking to hit half the speed of sound with its upgraded pod.
TUM has been competing in SpaceX’s Hyperloop Pod Competitions since the first tournament was held in 2015. The team has created a reputation for creating incredibly quick pods over the years, even beating the 240 mph record set by Virgin Hyperloop in 2018 with an impressive 290 mph run. Even more notable was that TUM was able to accomplish this feat at SpaceX’s Hyperloop test track, which is only 0.8 miles long.
Inasmuch as this was impressive, the student team from Munich is not resting on their laurels this year. SpaceX requires returning participants to the Hyperloop Pod Competition to introduce upgrades and revisions to their past pod designs, and that is exactly what TUM did. The new pod, christened simply as Pod IV, is almost 1.70 meters (5.57 feet) long, 50 cm (19.6 inches) wide and weighs approximately 70 kg (154 lbs), almost 8 kg (17.6 lbs) lighter than 2018’s Pod III, which hit a record-setting speed of 290 mph the previous year.
In a press release, TUM Hyperloop Team Manager Toni Jukic stated that the team is looking to hit a highly ambitious goal this year. “This year we plan to reach at least half the speed of sound, over 600 kilometers per hour (372 mph),” he said. Putting that figure into perspective, Pod IV would have to go 40% faster than its pod last year, hitting 372 mph and decelerating to zero in 0.8 miles.
Ambitious goal aside, this year will likely not be easy for TUM Hyperloop, especially considering that among its competitors is the UNSW Hyperloop team from Australia, which has a pretty unique experience in terms of rapid sustainable transportation. The UNSW has seen success in other innovative transport solutions, with students from the university’s Sunswift team setting a new efficiency record at the World Solar Challenge using a solar racing car that completed a 4,100 km (2,500 mile) journey across Australia in just six days.
In a statement to The Driven, UNSW Hyperloop team manager Harry Zhang noted that the team had to work really hard to make it to SpaceX’s competition. “It was quite grueling because we had to apply to compete, then do several design packages over the summer and then finally get accepted in February to be invited to go to SpaceX’s headquarters in Hawthorne, California. The people who do compete and make it through the multiple rounds of elimination are quite revered in engineering around the world,” he said.
Another team that TUM Hyperloop would likely need to watch out for is Team Delft from the Netherlands. Delft won the coveted overall best pod award in SpaceX’s first Hyperloop Competition, and it was able to reach the finals last year together with TUM (then called Team WARR) and Team EPFLoop from Switzerland. Unfortunately, Delft experienced major issues in the finals, resulting in the team’s pod reaching speeds of only 88 mph before stalling. With a chance at redemption this year with a new, improved pod, Delft Hyperloop could be returning to the SpaceX Hyperloop Competition with a purpose.
The SpaceX Hyperloop Pod Competition is scheduled to be held on July 21, 2019 at the SpaceX headquarters in Hawthorne, CA. Similar to last year’s competition, participants for this year’s tournament will be judged on one key metric: top speed.
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Tesla gives its biggest signal yet that Cybercab launch is imminent
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
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Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
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Tesla faces Full Self-Driving pushback in EU over ‘speeding’
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.