You can call it inefficient if you must, but tunnels are also homes for countless people on the streets, included most big cities of the USA. . . . Yeah, that doesn’t feel funny, but It also feels inadequate to put an /s.

That $75 million figure made my bullshit detector start to squawk, so I did the math. The web site says it has a capacity of 4,400 visitors per hour, and assuming $3.75 per ride (if nobody gets the daily pass for $5), it only has to operate at maximum capacity all hours of the day and night, 24/7, for 6 months to bring in that amount of revenue.

So if the profit margin is 50%, the Vegas Loop can make $75 million in a year of continuous operation at 100% capacity. Seems legit. /s

It made him money but did not fix traffic lol

For some reason Americans don’t think trains are sexy. Mostly though there’s a belief that they’re extremely expensive, difficult to maintain, worse to use than cars, and too inflexible. The first two are more true about highways than railroads and the hyperloop is the worst of both worlds and really just the manifestation of Elon and many Americans’ distaste for interacting with and as part of the public.

The sad thing is, there’s already a light rail there between the convention center and hotels.

Also if note, If they would have built a nice path, you could have easily just had people walk.

Elon is grafting as per usual, it’s government funded:

TBC doesn’t generate revenue from charging passengers (the rides are free)… Only LVCVA provided a substantive reply, and none addressed the question of capacity, nor the outstanding questions about children or passengers with mobility issues.

For instance, during a large trade show like CES, the LVCC will pay TBC $30,000 for every day it operates and manages the system

At a frankly embarrassing capacity too:

If the Loop can demonstrate moving 2,200 passengers an hour, TBC will get $4.4 million

• San Francisco’s BART moves about 3-4 million people per month(~ 5,000 per hour)
• Boston’s MBTA moves on average 700,000 to 800,000 people per week (~4,1000 per hour)
• And then there’s the NYC Metro 2-6 million people per day.

For anyone interested, that’s the U4 line in Hamburg, Germany, at the “HafenCity Universität” station.

This is a 3.5km tunnel with a speed of 55km/h. Thats 3.8 minutes of travel. No fucking way this thing could ever be profitable.

We have a LRT here in toronto that has taken over a decade to build and MIGHT finally open in 2025. I am so sick and tired of transit projects being so slow.

I’ll be perfectly honest as a non-American who tries to not hear about Musk, I had no idea this was actually built.

I’d heard about it, but I didn’t think they’d be stupid enough to actually build it.

Some people are “idea” guys, other guys are wealthy. When these are separate people, great things can come of it. When they are both the same person, stupid shit comes of it.

Sure bud, 75 million a year.

Let’s be super generous and say this thing operates 365 days a year, 24 hours a day. And let’s say we’re talking about turnover, not profit when saying it “makes” 75 million a year. And let’s say they do a 100 trips an hour all day long. That would mean a single trip would cost over $85. Yeah right, in your dreams buddy.

It’s a great American success because instead of being good at what it needs to do, it is good at making money for a rich person.

One is a grift, the other one is actually meant to be a means of transportation

So all box.sol really cares about is if it is profitable.

Not that it actually functions well.

Also I haven’t really looked into this Vegas Loop thing until now, and the tweet was right, it only connects a convention center and a hotel LOL