“Consider the motivation behind Musk’s Hyperloop: California’s new so-called high-speed rail system, which Musk calls a ‘bullet train to nowhere.’ Rumored to cost $70 billion, Musk asks why California – one of the world’s largest economies, home of Silicon Valley, and with some of the world’s greatest tech companies – ‘would build a bullet train that’s both one of the most expensive per mile and one of the slowest in the world.’ Comparing it to the Hyperloop, he says, ‘The train would be both slower, more expensive to operate (if unsubsidized) and less safe by two orders of magnitude than flying, so why would anyone use it?’”
http://dailyreckoning.com/the-verdict-on-the-worlds-fastest-train/
