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> And there is a reason why commercial railroads are no longer effective, literally nowhere are they effective. Elon Musk is not magic, he picks the technology
by jonathankoren 5y ago
> And there is a reason why commercial railroads are no longer effective, literally nowhere are they effective. Elon Musk is not magic, he picks the technology that he thinks can be commercially effective.
Railroads have a 50% profit margin, and account for 43% of all intercity shipping in the United States. I don’t know why you would call them commercially ineffective.
This thing is a car in a tunnel. It can’t even compete with a single subway car.
- prepend 5y agoI think GP meant commercially ineffective for moving passengers. For freight, railroads are the best possible.
- orwin 5y agoBut it is no ineffective thought. Quite a few high-speed railroads are insanely profitable for SNCF in France (Paris-Strasbourg, Paris-Marseille, Paris-Lille), some of them are less profitable, or even run a deficit, but the SNCF budget is balanced every year since 2012 (was, pre-pandemic)