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@lemmy.world 40 points 10 months ago* (last edited 10 months 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@lemmy.world 65 points 10 months 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@lemmy.world 20 points 10 months 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@lemmy.world 19 points 10 months 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.