It's a bird. ... It's a plane. ... It's a pod of steel! The future of transportation could be closer than you think as Hyperloop One tested its electric engine in its first open-air demonstration on Wednesday.
Before its first test run, Rob Lloyd, CEO of the tech start-up, said that the company — formerly known as Hyperloop Transportation Technologies — is "rewriting the rules" in transportation technology.
"The world is watching. It's cynical, but it's cheering for us at the same time," Lloyd told CNBC's "Squawk Alley." "Our objective is to find the routes in the world where governments, citizens, regulators can come together really quickly."