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Hyperloop Designers

August 16, 2013 in EV Star of the Week, Hyperloop, Tesla

Hyperloop design Photo courtesy of Tesla

Hyperloop design
Photo courtesy of Tesla

The Hyperloop designers are the stars of the week.  The world needs sustainable EV mass transport, and this transport must be fast, convenient and affordable in order to displace traditional transport (cars, trains, planes and boats).  The Hyperloop is an extremely attractive prospect due to its potential to rapidly speed people and goods utilizing the power of the sun (solar panels above the transport tubes).  What is the Hyperloop design?

Mr. Elon Musk stated (Tesla Blog): “Hyperloop consists of a low pressure tube with capsules that are transported at both low and high speeds throughout the length of the tube.  The capsules are supported on a cushion of air, featuring pressurized air and aerodynamic lift.  The capsules are accelerated via a magnetic linear accelerator affixed at various stations on the low pressure tube with rotors contained in each capsule.  Passengers may enter and exit Hyperloop at stations located either at the ends of the tube, or branches along the tube length.”

The United States has been dragging an imported oil barrel down highway 101 for decades, and the clanking noise of the drum has been getting louder as the barrel has been depleted.  The days of cheap oil are gone, which gives the US an opportunity to lead with this new EV mass transport idea, Hyperloop.

Hyperloop design Image courtesy of Tesla

Hyperloop design
Image courtesy of Tesla

Mr. Elon Musk continued (Tesla Blog): “The system consists of capsules that travel between Los Angeles, California, and San Francisco, California. The total trip time is approximately half an hour, with capsules departing as often as every 30 seconds from each terminal and carrying 28 people each.  This gives a total of 7.4 million people each way that can be transported each year on Hyperloop.  The total cost of Hyperloop in this analysis is under $6 billion USD.  Amortizing this capital cost over 20 years and adding daily operational costs gives a total of about $20 USD (in current year dollars) plus operating costs per one-way ticket on the passenger Hyperloop.”

This transport technology would be a game changer.  Who would fly?  By the time you got settled in an airline seat, you could be at your destination via Hyperloop.  In commerce, your product could arrive at its destination quicker, facilitating business.  The long-term benefits of Hyperloop are innumerable …

 

Tesla, Federal Reserve, Hyperloop and Oil

August 15, 2013 in Electric Vehicles, EV News, Hyperloop, Oil, Tesla

The US stock market took a dive due to interest rate concerns.  The Dow closed down 225 points as interest rates rose; the 10 year Treasury yield is now 2.77%.  Digesting interest rate concerns will be a tough slog for the stock market moving forward.

Hyperloop design Image courtesy of Tesla

Hyperloop design
Image courtesy of Tesla

Tesla stock (TSLA) eked out a gain despite the slump on Wall Street.  TSLA closed at $139.67, up .22% on the day.  With rail projects being considered across the country, the Hyperloop must have caught the attention of many state and city transportation professionals.  It would not be that surprising to hear of interest to trial the technology outside of California.  After all, the Hyperloop could prove to be an enormous economic boost for states and cities willing to construct it.  California should consider itself lucky that Mr. Musk would even consider the LA – SF Hyperloop.

The oil market rose again today due to continued unrest in the Middle East.  News reports and photos from Egypt were disturbing with many dead from various clashes.  Bloomberg reported: “At least 525 people died, including police, and more than 3,700 were injured in yesterday’s violence, according to official tallies.  The Muslim Brotherhood, which backs Mursi and led the protests, said the death toll was many times higher.”  Brent oil has now climbed over $111 per barrel.

China is expected to be the largest net oil importer at the end of this year, according to the US Energy Information Administration, which necessitates that China have a strong currency to pay for the oil.  Certainly, China is not going to rely on the US Dollar forever.  When the Yuan freely floats on international currency exchanges, economic power will tilt to Asia.  China did sell US Treasuries in June.  Bloomberg reported: “China’s stake dropped by $21.5 billion in June, or 1.7 percent, to $1.276 trillion, according to Treasury Department data released yesterday.”

Tesla Hyperloop and Oil

August 13, 2013 in Electric Vehicles, EV News, Hyperloop, Tesla

Tesla Model S Image courtesy of Tesla

Tesla Model S
Image courtesy of Tesla

Tesla stock (TSLA) sold off at the end of the day, closing at $145.43 per share, down 1.32%.  Interest rates jumped; the 10 year Treasury is trading at 2.71%.  Some market strategists are increasingly concerned that stocks will face headwinds with rising interest rates.

The famous stock picker, Ken Heebner, of Capital Growth Management took a position in Tesla in the second quarter.  Bloomberg reported: “Heebner bought 215,000 shares in Tesla, the electric-car company led by Elon Musk.”  In an interview 4-12-13 on WealthTrack, Mr. Heebner expressed that he is a stock market bull due to the strong US economy with particular emphasis on the rebounding housing market.  He believes interest rates will rise, but he thinks investors will shift bond market monies to stocks.

Mr. Elon Musk released his Hyperloop design yesterday: http://www.teslamotors.com/blog/hyperloop.

Due to the high estimated costs and relatively slow speeds of the LA – SF high-speed rail project, there is much hope that Mr. Musk will proceed in some form with his Hyperloop design.  The Hyperloop would most likely drive more long-term economic benefit for the United States, because it is a leading technology, which could ultimately change worldwide transport.  It would be foolish not to trial the technology.

Yes, many people around the world enjoy the comfort of train travel.  However, the world needs to be focused on energy efficiency, utilizing the most appropriate technologies to facilitate the movement of large numbers of people and goods.

Libya reminds us again today that the oil market is unreliable and unstable.  Reuters reported: “Libya’s state National Oil Corporation said in a statement to shippers it could not provide September loading schedules, normally due by now, as on-again, off-again strikes paralyse its ports.”  WTI oil has moved up to $106.5 per barrel, and Brent is around $109.5.

Source: EIA

Courtesy of EIA

 

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EV News Report is a news and information service on electric vehicle news with a focus on the campaigns, events and star leaders shaping the EV revolution.

Electric vehicles are driving the change to a clean green sustainable future for the United States and the world. Tesla CEO Elon Musk and other EV stars have launched a revolution. At EV News Report, you will see daily updates on the new electric era, including Tesla news, LEAF news, and all the leading players in the electric transportation movement.

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Tesla and Musk Hyperloop, Oil Transition

August 12, 2013 in Electric Vehicles, EV News, Hyperloop, Tesla

Image courtesy of Tesla

Image courtesy of Tesla

Tesla stock (TSLA) opened below $150 and has been weak in morning trade.  The stock market as a whole has been edgy in recent days concerning the possibility of rising interest rates after the Federal Reserve starts tapering its stimulus.  Regardless, Tesla remains the great electric hope in a world that uses over 91 million barrels of oil a day (IEA).  Unfortunately, Tesla’s auto sales are still only a drop in a bucket in comparison to the approximate 80 million worldwide annual auto market.

WTI oil is trading slightly above $106 per barrel, which is a rather modest price considering China’s record oil imports in July.  In addition, WTI should be trading closer to parity with Brent since oil inventories at Cushing have been drawn down below 40 million barrels (EIA).  Brent oil is trading between $108 – $109.  The fourth quarter is the heaviest oil demand quarter due to the cold (heating oil fuels) in the Northern Hemisphere, so demand pressure will increase in the coming months.

How should the world transition from oil? 

Mr. Elon Musk plans to reveal his Hyperloop concept today.  As the CEO of Tesla Motors, Mr. Musk is no stranger to the oil and climate dilemmas of the world.  He may feel increasing pressure to work on his Hyperloop idea due to his own convictions.  In Europe, China and Japan, rail networks are already quite extensive and modern in comparison to the United States.  Mr. Musk has proposed that the US initiate a new form of transport, Hyperloop, which he believes would be significantly faster and cheaper than high-speed rail.

About EV News Report

EV News Report is a news and information service on electric vehicle news with a focus on the campaigns, events and star leaders shaping the EV revolution.

Electric vehicles are driving the change to a clean green sustainable future for the United States and the world. Tesla CEO Elon Musk and other EV stars have launched a revolution. At EV News Report, you will see daily updates on the new electric era, including Tesla news, LEAF news, and all the leading players in the electric transportation movement.

Plug-in to the electric car / electric transportation revolution by creating a free account with EV News Report and join Poll Vote to discuss your ideas with other EV enthusiasts. We’re just getting the electric motor started. Let’s change the world…

Hyperloop Elon Musk California Governor Brown And ET3 Daryl Oster

July 23, 2013 in Environment, ET3, EV News, Hyperloop, Tesla

Image courtesy of Federal Railroad Administration

Image courtesy of Federal Railroad Administration

Tesla CEO Elon Musk does not like the California high-speed rail plan, and he is not alone.  Mr. Musk sees the rail plan between San Francisco and Los Angeles as expensive and outmoded.  In short, there have been a variety of expensive estimates for the project, some as high as 100 billion, and the train technology that is planned is slow by modern standards, max speed of 220 mph.

In Japan, a maglev train was tested recently at speeds of 310 mph.  Maglev is short for magnetic levitation (portmanteau).  Yes, maglev trains levitate which eliminates rail friction, enhancing the speed and comfort of the ride.  This technology holds tremendous promise.  (With maglev trains, you still experience air resistance, which has many thinking that there is one more step yet to go, airless maglev transport tubes.)

California Governor Brown may be in the hot seat in the coming days and months if he continues down the high-speed rail track, because Americans have a proud moon-shot history.  Governor Brown is a good man.  He is not a static politician.  It is certainly within his personality to recognize a project with moon-shot potential.

Mr. Musk plans to reveal an earthly design for this new transport science.  Mr. Musk tweeted July 15: “Will publish Hyperloop alpha design by Aug 12.  Critical feedback for improvements would be much appreciated.”

Evacuated Tube Transport Technologies (ET3) CEO Daryl Oster has been researching airless maglev tube transport for many years now.  In a phone interview yesterday, he said that he thought he could organize investors for a test project, but he was not set on a location.  Mr. Oster sees this transport technology as world changing, a leap forward for humankind.  Read this report on ET3 (courtesy of Daryl Oster): https://docs.google.com/file/d/0ByaWXWiohpx6LWtoYjdtajhrY3M/edit?usp=sharing.

Watch this great video, Daryl Oster at ideaCity: http://www.ideacityonline.com/talks/daryl-oster-talk/.

Video courtesy of Zoomer Media: http://zoomermedia.ca/

EV News Report will continue with this story shortly …

About EV News Report

EV News Report is a news and information service on electric vehicle news with a focus on the campaigns, events and star leaders shaping the EV revolution.

Electric vehicles are driving the change to a clean green sustainable future for the United States and the world. Tesla CEO Elon Musk and other EV stars have launched a revolution. At EV News Report, you will see daily updates on the new electric era, including Tesla news, LEAF news, and all the leading players in the electric transportation movement.

Plug-in to the electric car / electric transportation revolution by creating a free account with EV News Report and join the forums to discuss your ideas with other EV enthusiasts. We’re just getting the electric motor started. Let’s change the world…

EV enthusiasts, environmentalists and peak oil activists are encouraged to submit news, information, events and opinions on the site. We are a community, sharing information to best facilitate the change from the fossil fuel age to a green sustainable energy future. Worldwide electric vehicle adoption accelerates the demand for a greener cleaner safer world.