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
    2223·
    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
      1773·
      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
        826·
        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.website
            English
            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.