4 ms·
I'm sure there are a lot of people who agree with this, and maybe it's right. But I don't really find this to be a persuasive explanation. First: Why would th
by pdabbadabba 2y ago
I'm sure there are a lot of people who agree with this, and maybe it's right. But I don't really find this to be a persuasive explanation.
First: Why would the billionaire class be especially concerned about taxes? They are famously lightly taxed in the U.S. and one would think that the marginal effect of taxes on their quality of life would be virtually zero.
Second: What's going to be more expensive: Elon Musk's share of the tax revenue required to build high speed rail, or standing up the Boring Company to offer a fake alternative? Doubly so in Las Vegas, in a state where he doesn't even live.
It does make sense to me that he'd rather have people buying Teslas than paying someone else for mass transit—which is the point I originally posited. But it's still not clear to name that the math remotely works out here, unless he thought that the Boring Company also had a real shot at succeeding and capturing some of that public transit revenue. But that, of course, would make it something other than pure sabotage.
- 0xBDB 2y agoI suspect a part of Elon's issue is pure ideology. However, I am a railfan (I even ride long-distance Amtrak for fun) and a Texan advocate of building HSR from Dallas to Houston, and I have to say he at least has a point about California specifically. A French contractor involved in that project famously pulled out saying that North Africa was far less politically dysfunctional. https://www.businessinsider.com/french-california-high-speed-rail-north-africa-biden-trump-2022-10 https://www.businessinsider.com/french-california-high-speed...