Tag: hyperloop
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Review of Elon Musk’s DC-to-Baltimore ‘Loop’ system reveals safety concerns
The Boring Company’s Loop transit system that aims to shuttle people in autonomous electric vehicles between Baltimore and Washington, D.C. fails to fulfill several key national safety standards, a review of its proposal reveals. The system appears to lack emergency exits, ignore the most recent engineering practices and suggests passenger escape ladders that one fire…
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Judge to SEC and Elon Musk: Put your ‘reasonableness pants on and work this out’
Tesla, Elon Musk and the U.S. Securities and Exchange Commission have two weeks to work out their differences and come to a new resolution, a U.S. judge said Thursday at the conclusion of a hearing held to determine whether the automaker’s CEO should be held in contempt for his Twitter use. The SEC had asked…
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Tesla’s customer referral program is back weeks after it was killed off
Tesla killed off its customer referral program way back on Feb. 1, 2019 since the popular program was getting too costly to maintain. Now, however, less than two weeks later, Tesla is bringing it back with new incentives aimed at rewarding its customers, and bringing in new ones. Tesla’s customer referral program had offered a…
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Tesla issues $13.8M in stock to buy trailers in bid to improve electric vehicle deliveries
Tesla is using over $13 million worth of stock to get trucks and trailers that will transport its electrical vehicles to customers, the most recent effort by the automaker to increase its delivery and logistics services. Rather than using cash, Tesla issued $13.8 million in stock, a new securities filing posted Monday shows. Tesla used…
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Boring Co’s “Loop Lift” elevator and tunnel concept are coming to life at SpaceX site
Elon Musk’s vision to get an electric-powered elevator which would transfer vehicles to and from a network of cost-effective, high-speed underground tunnels is quickly taking shape around SpaceX’s Hawthorne, CA headquarters. The Boring Company released new images revealing a freshly painted tunnel in white along with a rotating shaft that’s been assembled to a private…