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Elon Musk Conceives New 'Hyperloop' Transportation System: Neither Plane, Train, Boat Nor Car. Is it ET3?

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Last year at an event in Los Angeles, Tesla CEO Elon Musk revealed he'd come up with the idea for an entirely new form of transportation. He called it the Hyperloop, and here's how he described it:

...How would you like something that can never crash, is immune to weather, goes 3 or 4 times faster than the bullet train... it goes an average speed of twice what an aircraft would do. You would go from downtown LA to downtown San Francisco in under 30 minutes. It would cost you much less than an air ticket than any other mode of transport. I think we could actually make it self-powering if you put solar panels on it, you generate more power than you would consume in the system. There's a way to store the power so it would run 24/7 without using batteries. Yes, this is possible, absolutely.

Naturally this got people's curiosity up, and at this week's AllThingsD conference he was asked about it again. Not wanting to divert attention from Tesla, he briefly allowed that the Hyperloop would be a "cross between a Concorde, a railgun and an air hockey table."

This sounds a lot like the futuristic ET3, or Evacuated Tube Transport Technology, we wrote up last year (pictured directly below and up top).

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