This GQ article seems about right to me.
Elon Musk’s Hilariously Bad Subway System Leaves Virginia Transit Officials Baffled
Elon Musk’s Hilariously Bad Subway System Leaves Virginia Transit Officials Baffled
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[corruption is the obvious reason for these cost overruns - everyone has seen it in their own town/city, right?]Spending $900 million per mile on a subway, or $150 million per mile on light rail, may not seem so outrageous compared to New York's $2.6 billion per-mile subway. But there's no reason why building subways and light rail in sprawling cities should be as expensive as it is. Jan 26, 2018
about a 2 page article:“If his tunneling costs are real, that would provide a staggering benefit for subway transit. And we need more transit tunnels in our cities badly as an alternative to street traffic and to expand overall capacity,” Ethan Elkind, a UC Berkeley lawyer and scholar specializing in transportation and the environment, told Curbed. “If it works, transit agencies may want a piece in some way.”
Sounds like some idiot who has never accomplished anything taking pot shots at work in its early stages. It looks like nothing, doesn't do much yet and requires some imagination, a task that seems beyond him.This GQ article seems about right to me.
Elon Musk’s Hilariously Bad Subway System Leaves Virginia Transit Officials Baffled
Virginia’s chief of rail transportation
I don’t consider the steps they’ve taken to date to be substantive. They’ve purchased a used boring machine. They’ve put a bore in the neighborhood where they developed the SpaceX product, and they’ve taken a Model 3 and put guidewheels on it and they’re running it through the tunnel at 60 miles per hour. None of that, I think, is really significant from a standpoint of moving this process forward.
Sadly, governments in the US, Federal, State and even Local all work with banking cartel (so called Federal Reserve system ~13 banks) primary goal to to spend money, get bonds from the banks to pay for it all. Cost over runs are king. You all know such government projects in your local city, county or state. Save money? provide value? the very very last considerations.
Sounds like some idiot who has never accomplished anything taking pot shots at work in its early stages. It looks like nothing, doesn't do much yet and requires some imagination, a task that seems beyond him.
The Wright brothers’ first flight went 120 feet, the last that day went 850 feet. Musk’s Spacex is doing well, as are his other businesses. New ideas take time to develop.This GQ article seems about right to me.
Elon Musk’s Hilariously Bad Subway System Leaves Virginia Transit Officials Baffled
Seems perhaps Musk is busy putting his foot in his mouth (per SEC about Elon twitter comments in the courts) and really doesn't need to put his foot into any more projects - especially where people don't want him - seems he already has most of the auto industry -, Wall st. even Big Oil against him.The Wright brothers’ first flight went 120 feet, the last that day went 850 feet. Musk’s Spacex is doing well, as are his other businesses. New ideas take time to develop.
Since Musk proposes private financing in exchange for fares, the price cannot be the problem. The Dem VA governor is the problem. Perhaps he should talk about a tunnel from DC to Baltimore and later to NYC. Lots of politicians go North on AMTRACK. NYC is going to repair the Hudson tunnels Boring could get their foot in the door. NYC transit, bridges and all the roads are SUCH a drag! Bypassing the area would remove all the traffic jams.
I wouldn't buy into the anti-CAHSR FUD too much. The estimates are in "year-of-construction" cost, so when you-know-who got elected to office and pulled all federal funding, the estimates were updated to reflect the majority of costs being pushed 4+ years down the road, which adds whatever the inflation rate is for those years to the project's bottom line.Definitely. Like the California high speed rail project. Government bureaucracy thives on spending the most money, takes the longest time to achieve the most useless goal. Life is too short to take on tough challenges.
I wouldn't buy into the anti-CAHSR FUD too much. The estimates are in "year-of-construction" cost, so when you-know-who got elected to office and pulled all federal funding, the estimates were updated to reflect the majority of costs being pushed 4+ years down the road, which adds whatever the inflation rate is for those years to the project's bottom line.
That's been the case since the project was on the ballot in 2006. Granted, there have been increases because of changes and/or more accurate estimates, but most of the increases are because the project uses "year-of-construction" costs, and the longer it takes the larger those will be because of inflation.
The initial estimate on the proposition was $40 billion in 2008. That's about $62 billion in 2028 year-of-construction costs.Everything you said from inflation to time it takes are all known factors and predictable. Those people low balled the cost to fool voters because they knew it will be too big to fail and there will be no accountability when it failed to deliver. We are actually pretty lucky if we just stop here. All revenue numbers they gave are total fantasy too. It will be a bottomless money pit if it's built. You will have no choice by then but continue to feed money into it. Just give $10 billion, or whatever cost he will guarantee, to Elon and the Boring company to build a 21th century hyperloop/tunnel running smart cars. It's too late now for the 20th century high speed rail stuff. Even some developing countries are ahead of us on that. This is the most advanced country and state where the Silicon Valley is located. If you want to take risks and face challenges at least do something worthwhile.
I do not like that you-know-who too but we just screwed first on this and gave him the opportunity to punish us.