Hyperloop One to Shut Down After Failing to Reinvent Transit::The company is selling assets, laying off remaining employees.

    • june@lemmy.world
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      11 months ago

      Yea, it wasn’t an ocean of stupid so much as Elon dangling the idea of a better alternative like the esca of an angler fish with the intention to gobble up the plans for the train project.

      • Telstarado@lemmy.world
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        11 months ago

        A) I applaud you for your masterful continuation of the pelagic theme of this discussion about Elon porpoisely allowing this project to flounder into Davy Jone’s locker.

        B) TIL that an anglerfish lure is called an esca and that a sufficiently literate person can seamlessly weave such an unusual word into this net of fishy discourse… Bravo!

      • macrocephalic@lemmy.world
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        11 months ago

        It’s not even like trains are his white whale, he’s just trying to break any alternative to cars before they can catch on

      • kameecoding@lemmy.world
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        11 months ago

        “Better” he hyped up a stupid economically non viable shit so his car company can stay relevant

    • rwhitisissle@lemmy.world
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      11 months ago

      This isn’t Elon’s hyperloop. It’s a company called Hyperloop One, predominately funded by Richard Branson.

    • NotMyOldRedditName@lemmy.world
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      11 months ago

      This gets misquoted all the time.

      The purpose wasn’t to delay the high speed rail, in favor of the hyperloop.

      It was to delay/stop the high speed rail for something better as he didn’t think the existing plan was high speed enough or would be cost effective and on time. Faster high speed trains were already being built and with all the delays this would (and has) faced, it’d be even further back by the time it was finished.

      The difference there is pretty important, unless you fall into the conspiracy camp of the intent was to delay it so he could sell more cars and he actually doesn’t want anything made.

      But the goal was to stop it so they’d make it better than planned, not make a hyperloop.

      Edit: and before people reply, it’s fast enough, it doesn’t need to be the best etc etc. That’s fine if that’s your stance. I’m just saying what was actually going on, and you don’t have to agree with him.