Richard White: Elon Musk's Hyperloop's $6 billion price tag "just pie in the sky"tags: railroads, Richard White, Stanford University, transcontinental railroad
Elon Musk, a serial entrepreneur who was a co-founder of PayPal and the electric car company Tesla Motors, sent people in California into a tizzy on Monday when he released a white paper outlining a hypothetical high-speed transportation system called the Hyperloop.
There were a number of curious questions about the Hyperloop, which Mr. Musk’s white paper claims will be able to travel at up to 800 miles an hour and transport people from San Francisco to Los Angeles in 30 minutes. While physicists agree that technically, on paper, this is possible, economists seem to agree that technically, on paper, the price tag of $6 billion is impossible.
Richard White, a professor of American history at Stanford and author of “Railroaded: The Transcontinentals and the Making of Modern America,” said Mr. Musk’s project was “dramatically overblown and the price is drastically underestimated.” He said in an interview that Mr. Musk’s document outlining the price of the project was “just pie in the sky.”...
comments powered by Disqus
- Most Millennials Resist the ‘Millennial’ Label
- Isis profits from destruction of antiquities by selling relics to dealers – and then blowing up the buildings they come from to conceal the evidence of looting
- China military parade commemorates WW2 victory over Japan
- New documentary explores the legacy of the 5,000 Rosenwald schools set up by a Sears magnate and Booker T. Washington
- Rare silent Native American movie of 1920s attracting a lot of interest
- Historian Evelyn Brooks Higginbotham wins National Humanities Medal
- AHA President Vicki L. Ruiz named National Humanities Medalist
- Historians of Color Are Revolutionizing the Narrative of ‘American Exceptionalism’
- Henry VIII voted worst monarch in history
- The Fuhrer style: Historian says press coverage of Hitler’s lavish life fueled his rise to power