The company is selling assets, laying off remaining employees.

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

  • Mostly_Gristle@lemmy.worldEnglish
    2173·
    11 months ago

    So the guy who notoriously despises public transit failed to come through on his promise to revolutionize public transit?

    Wow.

    I mean, who could have seen that coming?

    • Maggoty@lemmy.worldEnglish
      1743·
      11 months ago

      No, this was the point. He set mass transit back by at least a decade with his ridiculous projects.

      • chitak166@lemmy.worldEnglish
        796·
        11 months ago

        Yeah, imagine if all the taxpayer money he got to build a useless tunnel in Vegas was spent on something, you know, useful.

        What’s sad is, we will never see musk supporters come out and admit they were wrong. They are all gung-ho before the money changes hands, then when the grift happens and we have nothing to show for it, they all disappear.

          • Transporter Room 3@startrek.websiteEnglish
            15·
            11 months ago

            I’ve built more tunnels than his company.

            And most of those were just fucking around because I could, not even for a specific purpose.

            Lpt: don’t dig without telling someone exactly where you are,and without a noise maker.

          • rottingleaf@lemmy.zipEnglish
            9·
            11 months ago

            Hamas is rather good at building tunnels in the hostile environment of sometimes being bombed. If they’d have funds and modern tech … ah, well, they’d embezzle the funds and use that tech for something destructive, but if they wouldn’t, they’d be great tunnel makers.

    • NevermindNoMind@lemmy.worldEnglish
      121·
      11 months ago

      Richard Branson hates public transit? Cause it’s his company that shut down, Virgin Hyperloop One.

      • rwhitisissle@lemmy.worldEnglish
        131·
        11 months ago

        No one reads the article, my guy. Everyone just assumes it’s Musk’s imbecilic project, when in reality it’s Branson’s imbecilic project.

    • Lev_Astov@lemmy.worldEnglish
      2·
      11 months ago

      Isn’t hyperloop like the opposite kind of transit to your typical public transit of the type he hates? Like, the only thing it can really compete with is airlines for long distance rapid transit.

  • driving_crooner@lemmy.eco.brEnglish
    1811·
    11 months ago

    It was born to fail, because its porpoise was to delay and sabotage the California high speed train project.

  • chitak166@lemmy.worldEnglish
    1237·
    11 months ago

    Successful grift is successful!

    Congrats, dipshits of LA and Vegas! Can’t wait to see what dumb crap you waste your money on next!

  • kingthrillgore@lemmy.mlEnglish
    67·
    11 months ago

    I remember seeing all the big brain French train engineers blowing the fuck out of the Hyperloop back in the 2010s, matching up with my understanding of the technology and I guess that was the moment the Musk Hypnotism broke for me. We really don’t even need maglevs, we can still move fast on iron, maglevs are only proposed to improve density by speed.

    It was frustrating to see friends and cohorts think the hyperloop would solve a solved problem. And do it in a cost-efficient way. It didn’t do either.

    Touching grass is not enough, I want Elon Musk to get cancer in his dick and die

    • jjjalljs@ttrpg.networkEnglish
      101·
      11 months ago

      For all of his fans, he also has a lot of anti-fans. I’m surprised none of them have thrown him out the window of the twitter HQ or whatever. I guess he’s paying his security team a lot.

      • kingthrillgore@lemmy.mlEnglish
        8·
        11 months ago
        1. Distance is a factor
        2. He knows he’s not liked, which is why he probably pays G4S or whatever a lot
        3. He can’t run forever at the rate Xitter is going. One of his backers is that Saudi prince that had the journalist chopped up.
        • Aleric@lemmy.worldEnglish
          61·
          11 months ago

          I usually don’t wish violence on anyone, but I wouldn’t mind seeing Musk made into douchebag tartar.

    • iAvicenna@lemmy.worldEnglish
      4·
      11 months ago

      I mean all this money could have been used to create incentive to make high speed rail more widely available and cheaper and I am sure that would already be super beneficial for the world. Instead they had to trash all this money. I wonder why many think that humans are some form of special creatures that deserve to exist forever. If anything we will be lucky to exist for much longer.

    • S_H_K@lemmy.dbzer0.comEnglish
      24·
      11 months ago

      I mostly agree with the statement but the Hyperloop wasn’t solving a solved problem. Isn’t mean to replace trains is meant to replace planes that rely on fossil fuels for international flights and even go faster than that. The basis of function is sound to my understanding but is probably too costly to implement mostly for economies in crisis, I never was sure if it was really as cost effective as they said it was.

        • Garbanzo@lemmy.worldEnglish
          5·
          11 months ago

          Ok, sure, but what about hyperloop IN SPACE!

          I’ll be happy to discuss my brilliant new invention with anyone who still has money left over from this project.

          • ObiEnglish
            1·
            11 months ago

            Sounds easy enough, create space elevators with stations at the top and then make the tubes meet in space. What could it cost like $10?

  • Red_October@lemmy.worldEnglish
    651·
    11 months ago

    No way, you mean this insane nonsense that was obviously never going to work isn’t going to work after all? Damn.

    • eldain@feddit.nlEnglish
      11·
      11 months ago

      I’m impressed they could get their momentum going for so long, they were able to burn so much money and only now are investors pulling out? That was a serious hype train! Even if it was meant as lobby sponsoring against standard high speed rail, holy cow what a waste!

  • Sanctus@lemmy.worldEnglish
    63·
    11 months ago

    Its maddening, we have the real solution. Its not flashy magitech that will instantaneously move you while leaving your fecal matter behind. It is just fucking hi speed rail. Turns out, putting a bunch of people that all need to take a largely similar path on a high capacity, fast moving vehicle is just really efficient.

    This is like watching a children’s show where they pause before they give the answer, but instead of giving a logical answer they regurgitate nonsense.

    • oatscoop@midwest.socialEnglish
      81·
      11 months ago

      Next you’re going to tell me that that not only does humanity already have trains that can do 200mph (320 km/h): but they’re more reliable, safer, cheaper to build/operate, and can can carry a ton of people per trip.

      Psh, like that would ever work.

    • Halcyon@discuss.tchncs.deEnglish
      2·
      11 months ago

      If you’ve ever been to Japan, you can only roll your eyes if you read about how people can fall for that “hyperloop” scam. The Hyperloop concept is just unrealistic, dangerous and expensive. The Japanese high speed train system is very efficient and absolutely reliable. 🚅

  • Smacks@lemmy.worldEnglish
    441·
    11 months ago

    Invest in actual public transportation: I sleep

    Invest in an overly expensive alternative to trains: REAL SHIT

  • aesthelete@lemmy.worldEnglish
    421·
    11 months ago

    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.worldEnglish
      681·
      11 months ago

      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.worldEnglish
        221·
        11 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.worldEnglish
        19·
        11 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.

  • starman2112@sh.itjust.worksEnglish
    41·
    11 months ago

    Awww no waaaay maintaining a hundred mile long vacuum tube in a state that gets earthquakes more often than Seattle gets rain wasn’t viable? Who could have possibly anticipated that??

    • TnaerivEnglish
      1·
      11 months ago

      No, it wasn’t. This shit has been common in sci-fi for decades. He just gave it a fancy name and pretended he came up with it.