So in the West I think we have created regulatory gridlock where just almost everything is illegal. This is why they can't build a high speed rail. In California they spent $7 billion and there's a 1600 foot section is all they have to show for it and doesn't even have rails on it. It's, it's really, you know, too absurd for parody because large projects are essentially illegal in California, so and much of Europe and other countries. (13:38–13:46)

CLAIM

Asserts that $7 billion was spent in California on a high-speed rail project with only a 1600-foot section completed without rails.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

Elon Musk: “In California they spent $7 billion and there's a 1600 foot…”