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Hyperloop One is reportedly shutting down
(techcrunch.com)
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this post was submitted on 22 Dec 2023
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To everyone implying that Elon leveraged the concept of hyperloop to kill high speed rail in California:
California killed high speed rail in California. The project is like 3x over budget with no real end in sight. If Elon dedicated his entire net worth in 2013 to the project it would still be over budget.
Elon said himself that he did it to kill HSR lmao
Okay but Elon also makes crazy grandiose statements on a daily basis.
No, he legitimately didn't want that specific HSR plan to happen and wanted to get it stopped.
He thought it was going to be to expensive, slow and already be outdated by the time it was finally built.
There are already faster trains being built today and he wanted them to do something better.
Most people turn that into he is 100% against high speed rail and make it a conspiracy about wanting to sell more cars.
We won't ever know the truth.
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