Opportunities in electric airplanes: Musk

April 12, 2018 – 03:55 pm

Elon Musk, CEO of Tesla Motors and Space Exploration Technologies, or SpaceXBrendan Hoffman | Bloomberg | Getty Images

Elon Musk, CEO of Tesla Motors and Space Exploration Technologies, or SpaceX

Musk predicted that in the long-term, all modes of transportation will run entirely on electricity.

"With the ironic exception of rockets, " he quickly added. "Unfortunately, there's no way around Newton's third law."

In August, Musk unveiled what he called the "alpha" version of the Hyperloop plan, a high-speed transit concept that would cut travel time between San Francisco and Los Angeles to 30 minutes. Musk said he won't be able to build the Hyperloop himself, citing his duties at Tesla and SpaceX.


Source: www.cnbc.com

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