1. Open Xcode 6

  2. Open Preferences

  3. Click the Locations tab

  4. Change the Command Line Tools version to Xcode 6.0

  5. Uninstall cocoapods
    a. $ sudo gem uninstall cocoapods

  6. Install xcodeproj
    a. $ sudo gem install xcodeproj

  7. Install cocoapods
    a. $ sudo gem install cocoapods

  8. Run pod --version to verify that it worked