Central Valley land is cheap; pylons are expensive, as can be readily seen by the costs of elevated highways and trains all over the world. The unit costs for viaducts on California HSR, without overhead and management fees, are already several times as high as Musk’s cost: as per PDF-page 15 of the cost overrun breakdown, unit costs for viaducts range from $50 million to $80 million per mile. Overheads and contingencies convert per-mile cost almost perfectly to per-km costs. And yet Musk thinks he can build more than 500 km of viaduct for $2.5 billion, as per PDF-page 28 of his proposal: a tenth the unit cost.
The proposed accelerations (and change in acceleration) would be likely to cause motion sickness in many passengers.
Capacity would be low, and the proposed headway of 30 seconds is unrealistic.
The proposed headway is 30 seconds, for 3,360 passengers per direction per hour. A freeway lane can do better: about 2,000 vehicles, with an average intercity car occupancy of 2. HSR can do 12,000 passengers per direction per hour: 12 trains per hour is possible, and each train can easily fit 1,000 people (the Tokaido Shinkansen tops at 14 tph and 1,323 passengers per train).
Musk’s values for HSR energy consumption are not accurate.
However, one thing could not: the chart on PDF-page 9 showing that only the Hyperloop is energy-efficient. The chart has a train consuming nearly 900 megajoules per person for an LA-San Francisco trip, about as much as a car or a plane; this is about 1,300 kJ per passenger-km. This may be true of Amtrak’s diesel locomotives; but energy consumption for HSR in Spain is on average 73 Watt-hour (263 kJ) per passenger-km (see PDF-page 17 on a UIC paper on the subject of HSR carbon emissions), one fifth as much as Tesla claims.
Some points from the article you linked:
The cost estimates don’t make much sense.
The proposed accelerations (and change in acceleration) would be likely to cause motion sickness in many passengers.
Capacity would be low, and the proposed headway of 30 seconds is unrealistic.
Musk’s values for HSR energy consumption are not accurate.