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Musk on Thursday $4 he plans on building a five-mile Hyperloop test track so companies and student teams can "test out their pods." He says this test track will likely be built in Texas.
Though Musk introduced the Hyperloop idea, he handed it off to a crowdfunded team of about 100 engineers from $4, $4. Cost analyses from JumpStartFund and Musk say $6-10 billion would be needed to produce a 400-mile Hyperloop.
If you're wondering why Musk is considering Texas for the Hyperloop test track, Musk $4 that he is doing a lot of work in the state to get his electric car company, Tesla Motors, to sell its cars directly to consumers. "Texas is a very important market for us," Musk said.
Will be building a Hyperloop test track for companies and student teams to test out their pods. Most likely in Texas.
- Elon Musk (@elonmusk) $4