Just like his proposed mission to Mars, all of the costs of the Hyperloop are pulled from thin air and the science is grounded in bullshit.
Musk made his money from PayPal. There is no reason to take him seriously as an engineer.
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My specific problems are that Hyperloop a) made up the cost projections, b) has awful passenger comfort, c) has very little capacity, and d) lies about energy consumption of conventional HSR. All of these come from Musk’s complex in which he must reinvent everything and ignore prior work done in the field; these also raise doubts about the systems safety that he claims is impeccable.
In principle, Hyperloop is supposed to get people from Los Angeles to San Francisco in half an hour, running in a tube with near-vacuum at speeds topping at 1,220 km/h. In practice, both the costs and the running times are full of magic asterisks. The LA end is really Sylmar, at the edge of the LA Basin; with additional access time and security checks, this is no faster than conventional HSR doing the trip in 2:40. There is a crossing of the San Francisco Bay, but there’s no mention of the high cost of bridging over or tunneling under the Bay – we’re supposed to take it on faith the unit cost is the same as along the I-5 corridor in the Central Valley.
There is no systematic attempt at figuring out standard practices for cost, or earthquake safety (about which the report is full of FUD about the risks of a “ground-based system”). There are no references for anything; they’re beneath the entrepreneur’s dignity. It’s fine if Musk thinks he can build certain structures for lower cost than is normal, or achieve better safety, but he should at least mention how. Instead, we get “it is expected” and “targeted” language. On Wikipedia, it would get hammered with “citation needed” and “avoid weasel words.”
The worst is the cost of the civil infrastructure, the dominant term in any major transportation project’s cost.