When I spoke with Vance, who is currently a senior writer at Bloomberg, he called Marx’s conclusion “vaguely accurate but a disingenuous take on the situation.” From Vance’s point of view, Musk’s initial announcements on Hyperloop were “more of a reaction to how underwhelming California’s high-speed rail [proposal] was.”

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Musk first discussed the idea of a Hyperloop-style high-speed train system in 2012; a year later, in August 2013, Musk published a white paper suggesting a design for a Los Angeles-to-San Francisco route where pressurized passenger capsules would travel through a tube system operating under partial vacuum to reach speeds up to 700 mph. In our conversation, Vance described Musk’s proposal as strictly a thought experiment, something Musk had no intention of working on. “Tesla and SpaceX were at more precarious positions than they are today,” Vance told me. “He had plenty on his plate. Elon put all the ideas out there in the open domain for anyone to use.”

I pointed out to Vance why this notion — that Musk dreamed up Hyperloop as an attempt to distract from a more conventional, perhaps more realistic, rail project — seems logical. Musk has repeatedly portrayed public transit as a dangerous, distasteful hellscape, and he sells a lot of Teslas in California.

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“He’s the world’s richest man, he’s used to his private planes, so maybe public transit is a little beneath him these days,” Vance said with a chuckle. “I honestly do not think that was the goal of Hyperloop at all. I think if there was a better public transport system, my impression — and I think it’s genuine — is that Elon would be all for it.”

Vance then brought up a valid point: “In all this time we’ve been talking about high-speed rail, there’s still almost none that’s built.... In that time, Elon built a worldwide electric car charging network and shifted the entire world onto electric cars.”

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“To that point, though, Hyperloop is basically no further along,” I offer. “We’ve got a tunnel full of Teslas in Las Vegas basically moving at the same speed as traffic.”

“The Boring Company is one of [Musk’s] ventures that I’ve never understood, really,” Vance replied. “I totally get your point. In general, though, there’s no part of me that believes Elon was trying to kill public transport so people would stay in cars. I just don’t believe that.... Elon didn’t even need to bemoan the high-speed rail project for it to undermine itself.”

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To Vance — who has spent more time with Elon Musk than most people who aren’t employed at Tesla or SpaceX, Hyperloop was a “wild-eyed thought experiment” that Musk put out in the world, that a handful of startups latched onto. “Half the physicists that looked at the white paper were like, this is just laughable,” he told me. “He kind of just threw this idea over the wall and was like, you guys go make of it what you will.... Is it on him, or is it on some of these public officials for taking it seriously?”

“If I’m a public official, and you tell me you’ve got a better, faster, cheaper option for high-speed rail, I’m inclined to believe you,” I replied. “Is the culpability with the person selling the idea, or the person buying it?”

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“Elon was never really selling the Hyperloop after the announcement,” Vance said. “The tunnel stuff, I think, is much more questionable. I still don’t understand how The Boring Company digs tunnels faster or better than anybody else. Unlike SpaceX, Tesla, it’s not clear to me that there’s any major innovation in the tunneling. I just don’t understand what the breakthrough is on that one.”

“So did Elon try to sell a green project to make money? Or did he just have an idea and blurt it out,” I asked Vance.

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“I’m 99.9-percent sure it’s the latter,” Vance tells me.