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SpaceX Hyperloop Competition: Top 3 teams duke it out for fastest pod
Hawthorne councilmembers, members of the California Assembly, and Hawthorne Mayor Alex Vargas were in attendance at the headquarters of SpaceX and The Boring Company for their jointly-hosted Hyperloop Competition 2.
The second such Hyperloop competition sponsored by Elon Musk, the eight months that separated them were filled to the brim with press coverage of The Boring Company (TBC), which has begun to seriously develop an experimental tunnel beneath a central street in Hawthorne, CA. Most intriguingly, TBC publicly acknowledged that it is now pursuing the development of its own form of Hyperloop technology, originally developed and released as a white paper by Elon Musk, albeit with tunnels rather than above-ground vacuum tube constructs.
Update: Watch Elon Musk award this team for having the fastest Hyperloop pod at 202 mph
The second competition was focused on one goal, above all others: top speed. The final three teams chosen for testing in SpaceX’s mile-long vacuum tube were as international as ever. Paradigm Hyperloop, a continuation of the Openloop team from Competition 1, is composed of 26 students from the northeastern U.S. and Canada, designed a pod that made use of air bearings to levitate and was intended to travel as fast as 200 mph through SpaceX’s test track. While not yet officially confirmed, a livestream suggested that their pod reached a maximum speed of approximately 100 km/h or 62 mph. While nowhere near its purported top speed, a member of Paradigm Hyperloop said that the team’s pod “levitated perfectly” and that the test generally went great. Their pod was one of the largest, weighing in at almost a metric ton.
SwissLoop, a team of 40 or so students from Swiss university ETH Zurich, developed a pod that levitated with permanent magnets and was propelled by compressed air, sort of like a rocket. SwissLoop’s SpaceX adviser, a mechanical engineer focused on reusing Falcon 9s on normal days, praised the group’s engineering and construction of the pod during a livestream on Facebook. SwissLoop experienced some technical difficulties while Musk waiting to provide the countdown in Swiss German, and he quipped about connectivity issues that the team was having with their pod. Musk later announced that due to those technical difficulties, SwissLoop’s pod would be removed for troubleshooting and WARR Hyperloop would conduct the second live test.
Pod problem. Developing futuristic transport isn't quick. #Hyperloop pic.twitter.com/QJAngYvCbP
— Jack Stewart (@stewart_jack) August 27, 2017
WARR Hyperloop, the victors of the first Competition, prepared their Pod ii to be tested on Sunday afternoon. One of the smallest pods at only 190 lb, the vehicle was intended to have a top speed of approximately 225 mph – a speed it was reported to be capable of reaching in 12 seconds. Designed by students from the Technical University of Munich, the pod was propelled with a 50 kW electric motor connected to polyurethane wheels. While the method of levitation was not specified, it is understood to be a system of permanent magnets similar to SwissLoop’s implementation. WARR is a German organization and stands for Scientific Workgroup for Rocketry and Spaceflight in English.
Elon Musk somewhat controversially revealed that The Boring Company had received “verbal approval” for an underground Hyperloop between Washington D.C. and New York City, appearing to acknowledge some form of back-room deal with the federal government. He later clarified in a series of tweets and replies that the approval was extremely preliminary and unofficial and that The Boring Company was hard at work beginning to form relationships with the numerous municipalities that would be involved along the proposed route. The several Hyperloop-related companies that formed following Musk’s white paper have been reluctant to make room for a new, Musk-headed competitor in the ring, but The Boring Company is aggressively pushing ahead with their demonstration tunnel in Hawthorne, CA and has successfully applied for the initial permits that will be required.
Mirroring Elon’s typically positive opinion of competition, he bid Hyperloop One and all other companies trying to revolutionize transportation the best of luck during Competition 2. Competition 2 is guaranteed to provide SpaceX and The Boring Company an inside glance at some of the best emerging engineering talent. Hosting the competition is quite possibly the most suave and effective method of recruitment one can readily imagine, with all promising teams generally being given private tours of both The Boring Company and SpaceX facilities.
I hope they and any others trying to advance transport technology succeed
— Elon Musk (@elonmusk) August 27, 2017
Meanwhile, stay tuned for the two max speed pod tests to come later this afternoon. There is no live coverage from SpaceX itself, but SwissLoop has been kind enough to livestream several of the main events on their Facebook page. You can also follow a live Facebook stream here. Follow along live there and check back at Teslarati for coverage of the events!
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“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.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
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Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla reports Q3 Earnings today: here’s what to expect
