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L.A. hyperloop company lands first deal in China [Los Angeles Times (CA)]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
L.A. hyperloop company lands first deal in China Los Angeles-based Hyperloop Transportation Technologies announced this week that it would work with China to bring the high-tech experimental transportation service to that country. Hyperloop technology is still a concept that’s under development, with no operational hyperloop systems in place yet. This is HTT’s third commercial agreement, according to the company, after Abu Dhabi and Ukraine signed on earlier in 2018. Under China’s first hyperloop deal, HTT would bring the technology to Tongren, a city in China’s southern Guizhou province. The project would be broken up into two phases. The first would be an approximately 6-mile route that HTT is estimating would cost about $300 million. Officials are still discussing a specific location, with the airport as a possible point in a potential route. The second phase would be an expansion; HTT officials didn't specify its length or cost. Creating a hyperloop system for Tongren would give H Show less Read more
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