By Joseph Perkins | Cal Watchdog
When Elon Musk talks, people listen.
He’s earned street cred — as in Wall Street — from co-founding the company that grew into PayPal; co-founding Tesla Motors, the most successful electric car start-up company; and founding SpaceX, to which NASA has outsourced future trips to the International Space Station.
On Monday, Musk shared his much-hyped plan for a so-called “Hyperloop,” a high-speed transportation system that would be a visionary alternative to California’s planned high-speed rail system.
The Los Angeles billionaire offered a hint of its design this past Thursday during a Google Hangout with British billionaire Richard Branson, founder and chairman of Virgin Group. (Branson also is bullish on commercial space.)
The Hyperloop “involves a tube,” said Musk, confirming some online speculation, “but not a vacuum tube,” like those that used to be seen pre-ATM at bank drive-throughs.