Connect with us

News

SpaceX’s Hyperloop competitors are preparing to set top speed records

Published

on

The 2018 Hyperloop Pod Competition is set to be held this Sunday, July 22, 2018, at SpaceX’s campus in Hawthorne, CA. Participants for this Sunday’s event, which are comprised of roughly 600 students from 40 countries, will be aiming for one target alone — setting top speed records in SpaceX’s 0.8-mile test track.  

As a teaser for this weekend’s event, Elon Musk recently shared images of some competitors already making preparations for the upcoming competition. Considering the theme of this year’s event, all 20 teams (comprised of 18 main competition teams and 2 levitation sub-competition groups) will be attempting to beat the top speed record currently held by Virgin Hyperloop One on the SpaceX test track. Last December 2017, Virgin Hyperloop One’s pod was able to reach a speed of 240 mph, beating out the record set by a Tesla-branded pusher pod that was able to hit 220 mph before it started heating up.

Participants for SpaceX’s 2018 Hyperloop Pod Competition prepare for the event. [Credit: Hyperloop/Twitter]

Among the student teams that would be participating this year, one group to watch would be WARR Hyperloop, a team from the Technical University of Munich that won the fastest pod award last year. The team was able to accomplish last year’s feat by designing a lightweight pod propelled by a 50 kW electric motor that runs on polyurethane wheels. The pod, which only weighed 190 pounds, was able to hit 202 mph, blowing away the speed records of its two biggest competitors — Paradigm Hyperloop and SwissLoop.

WARR Hyperloop’s team for this Sunday’s competition is comprised of 45 members from 16 different countries. In order to keep its top speed crown this year, Team WARR has created a new pod that is specifically designed to beat its old speed records and possibly even surpass the figure set by Virgin Hyperloop One. In a press release last month, the team from the Technical University of Munich stated that they are hoping their new pod could hit speeds of 372 mph (600 kph).

Advertisement

Another team that would be returning this year would be Delft Hyperloop from the Delft University of Technology. Just like Team WARR, Team Delft is also returning to the event as a champion, having won the overall top prize at SpaceX’s first event in January 2017. According to team leader Edouard Schneiders, Delft’s pod this year has a strong power-to-weight ratio, which would likely enable it to beat not only its competitors, but Virgin Hyperloop One’s 240 mph record as well.

Hyperloop technology has progressed over the years since Elon Musk first mentioned the idea of a “fifth mode of transportation” back in 2012. Since then, the idea has been picked up by companies in several countries, most notable of which is Virgin Hyperloop One’s project in Dubai, which is expected to debut as early as 2020. Earlier this year, Virgin Hyperloop One unveiled a 1:1 model of its transport pod, which features futuristic design elements and plush amenities. 

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Advertisement
Comments

News

Tesla’s Supercharger Diner probably just secured more locations

Published

on

tesla diner
Credit: Tesla

Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.

The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.

Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:

On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.

Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.

Tesla makes major change at Supercharger Diner amid epic demand

Advertisement

Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.

Continue Reading

Investor's Corner

Tesla short sellers win big after shares fall after earnings

Published

on

A red Tesla Roadster driving around a turn
(Credit: Tesla)

Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.

Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to BloombergShares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.

Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.

Advertisement

However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.

S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.

Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.

Advertisement

At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.

Continue Reading

News

Tesla door handle saga gets its latest chapter and a big change is coming

Published

on

Credit: Tesla | Model 3 Owner's Manual

Tesla’s long-standing saga regarding its door handles and a manual release has entered its latest chapter, and as a result, a big change is coming.

On Friday, the National Highway Traffic Safety Administration (NHTSA) denied Tesla’s petition that was seeking a defect investigation into roughly 180,000 Model 3 vehicles for an issue involving the emergency mechanical door release.

Advertisement

NHTSA said that Tesla’s petition did not present evidence of a safety-related defect in the door handles or their emergency releases. Instead, the agency determined that it would rather solve the issue of the lack of labeling or location of emergency mechanical door releases and the federal safety rules that govern them.

Essentially, the NHTSA wants to create and enforce rules that would require automakers to make emergency door latch releases more clearly labeled in a car. Despite a Tesla having manual door releases on all four passenger doors, many people do not know they exist or how they work.

Tesla addresses door handle complaints with simple engineering fix

In recent times, Tesla has faced some criticism involving its door handles, specifically because some occupants have reported that they are unable to exit their vehicles after losing power. The door handles on a Tesla are electronically operated, but in the event that the 12V battery dies, there is a manual release that can be used.

The NHTSA only identified a single complaint involving the mechanical door releases: a 2022 Model 3 owner said the release was concealed and unlabeled after the vehicle lost power after a front-end collision. It has also already started to create a separate rulemaking process to make emergency door-egress systems more obvious.

Advertisement

It should be noted that all Teslas have mechanical emergency door releases, but they are placed in various locations as the vehicles have aged and been redesigned from year to year. Refer to the safety manual for your vehicle if you have any confusion about where the emergency releases are and how they work.

Continue Reading