Using a vehicle with Grav powered by Cheap Fusion Power is better in every way - it's cheaper, more reliable, safer, faster, and more flexible.
I am skeptical.
I would agree that grav is more flexible, as a lear jet is more flexible than a train. How it is safer I fail to see. If you have power failure in an elevator, you have brakes. If you have power failure in a grav vehicle......
Arguably, the reliability of fusion power, particularly at higher tech levels, is such that that is never an issue. I believe there are enough instances of power plant failure in canon to conclude that it might (possibly) sometimes occur.
Once fusion power becomes 100.000% reliable, then one reason to build an orbital tether would cease. When does that occur?
At what TL is it possible to build an air/raft that cannot be crashed? It's pretty hard to crash an elevator. Likewise, a pipeline is a bit harder than a tanker to crash. A grav vehicle is using power whenever it is in the air. It is also using, if we accept the ideas of Book 8, a skilled operator. In order to use a freely maneuverable grav platform 24/7/365, one needs 4 operators, working roughly a 40 hour week. To operate an elevator, you need regular maintenance, which presumably every mechanical system would need.
If grav/fusion are available at TL 9, and beanstalks are, then concurrent development is conceivable.
Quaintness is likewise not to be sneezed at. Until recently, the economics of long distance passenger rail were such that it was almost always cheaper and quicker to fly on a long trip (and safer by your reckoning). Yet folks would shell out money to take the train. Indeed, some people do not like to fly.
Market share may change radically, but technologies seldom fizzle completely; extant infrastructure is used while it endures and its use and maintenance is cheaper than the capital investment needed for replacements.
It is economical to use horses for logging in a few niches. It is likewise economical to heat with wood split with an axe. My 16' dining room table, which I commissioned for $1000 about 10 years back, was built by a man with no electricity in his home or shop.