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
    671·
    1 year 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
      12·
      1 year 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!