this post was submitted on 22 Dec 2023
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Hyperloop One to Shut Down After Failing to Reinvent Transit::The company is selling assets, laying off remaining employees.

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[–] aesthelete 42 points 1 year ago* (last edited 1 year ago) (1 children)

It was so obvious that this wouldn't work that even Elon Musk didn't want to have anything to do with it besides posting his brainfart on the Internet for the whole world to smell.

[–] dustyData 69 points 1 year ago (2 children)

He admitted on record that he only spouted that bullshit to counter a bid for high speed transit in California. He was never interested in the slightest to ever pursue that idea in good faith. It worked, the project was canned to invest in Hyperloop and now US transit will continue to be shit because one douche bag with more money than sense opened his pie hole. And apparently US politics listens exclusively to people with more money than the average country's budget.

[–] Aleric 22 points 1 year ago

So just a continuation of the motor vehicle industry sabotaging public transportation so people have to buy more vehicles.

Capitalist 'innovation' at its finest!

[–] aesthelete 19 points 1 year ago

And apparently US politics listens exclusively to people with more money than the average country’s budget.

...even if they (the government that is) gave him a large portion of that money.