Richard White: Elon Musk's Hyperloop's $6 billion price tag "just pie in the sky"Historians in the News
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
- South Atlantic Mystery Flash in September 1979 Raised Questions about Nuclear Test
- California Owes Reparations To Victims Of Forced Race & Intellectual-Based Sterilization, Study Finds
- All the times in U.S. history that members of the electoral college voted their own way
- The Harriet Tubman $20 Bill Could Make an Early Debut
- Report: Economists have documented for the first time the decline of the American Dream
- Economists are attacking historians’ recent works on slavery
- Salon suggests Paul Gottfried, "a retired Jewish political historian,” was a founder of the Alt-Right
- National Women's History Museum Receives Grant to Rebuild Website with Advanced Content Capabilities
- UCLA history professor Gabriel Piterberg continues to come under attack after being accused of sexual harassment
- Bristol Brexit-backer Arron Banks ridiculed for arguing Roman history with Professor Mary Beard