The company is selling assets, laying off remaining employees.

Hyperloop One to Shut Down After Failing to Reinvent Transit::The company is selling assets, laying off remaining employees.

  • Red_October@lemmy.worldEnglish
    65·
    11 months ago

    No way, you mean this insane nonsense that was obviously never going to work isn’t going to work after all? Damn.

    • eldain@feddit.nlEnglish
      11·
      11 months ago

      I’m impressed they could get their momentum going for so long, they were able to burn so much money and only now are investors pulling out? That was a serious hype train! Even if it was meant as lobby sponsoring against standard high speed rail, holy cow what a waste!