chowderhead
Platinum Member
- Dec 7, 1999
- 2,633
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Musk's hyperloop is highly speculative. Since he can't be bothered to push it forward I don't really take it seriously and many of the experts say it will end up costing a hell of a lot more than he said. I generally have respect for his achievements with Tesla and SpaceX but this is vaporware.
The money cannot be used on local transit. If CA gives up on HSR the money goes away.
There has been interest for many years to connect LA with Vegas via HSR. The most current plan moving forward planned a terminus in Victorville but now it is probable that it will extend to Palmdale to connect with HSR directly. Funding is of course the hurdle here as well. Cost is supposed to be in the neighborhood of $6B with $1-2B coming from private sources and the rest FRA loans. The application for loans was put on hold as they have to meet Buy American requirements. Thinking is that they'll be back after CAHSR or Amtrak starts placing orders for trainsets.
Elon Musk has a better track record than Caltrans and Parson Brinckerhoff, designers of the Big Dig and this project.
They have already broken many of the requirements that VOTERS voted on such as time from SF to Los Angeles, getting PRIVATE investment i.e. 1/3 of the funding from each California, Federal funding and Private investment and now blended use of tracks. They should give it to Musk and let him develop it. Spend the rest of the money on more worthwhile projects that will help a lot more people in their daily commutes. This is a subsidy to business travelers and a boondoggle.
