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New Cost Estimate for High-Speed Rail Puts California Bullet Train $100 Billion in the Red
Cal Matters | March 7, 2023 | Ralph Vartabedian

The latest report from the California High-Speed Rail Authority projects costs for the initial segment at $35 billion, which exceeds secured funding by $10 billion. Other segments of the system are likely to have their projected costs increase, too. The state hopes it will get more federal aid.

12 Comments

    • Hey it makes sense according to GM philosophy. Step 1 come out with a successful but imperfect product. 2) Come out with updates that make the imperfections worse 3) Refuse to listen to any constructive criticism 4) Let wither on the vine till no longer profitable, then make succesful case to kill it. 5) See also S-10/Colorado.

      Extra Credit: Make sure to reveal that your company has the parts and expertise to make the vehicle Super Awesome, getting customers excited and drooling, then simply don’t put it into production.

  1. Betting on Professional Wrestling…I keep losing my shirt…ok..I keep tearing them off myself while screaming my warcry when my guy..or girl..or vertically challenged wrestler that I bet on loses….

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