Elon Musk’s $52 million bet on the future of transit

This week, Elon Musk is finally opening the inaugural project of his impishly named tunneling startup, The Boring Company. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
This week, Elon Musk is finally opening the inaugural project of his impishly named tunneling startup, The Boring Company.

An underground transit system for the Las Vegas Convention Center that evolved out of Musk's dream of building tunnel networks that could bypass traffic, the "Loop" has become a controversial showpiece in Musk's ever-expanding portfolio of futuristic projects. 

Fast Company was on the scene for the tunnel's unveiling to the press in April, where reporters were loaded into Teslas and whisked through slightly claustrophobic tunnels. But with concerns about safety, accessibility, and capacity still outstanding, not to mention questions about how this could possibly be more efficient than a subway, reality seems to be falling short of Musk's promises.

After starting out as a vision for reimagining transportation can Musk's LVCC Loop transcend what's become little more than a $52 million advertisement for Tesla—and for Musk himself? Read more here.

Katharine Schwab
 
tech
Elon Musk’s ‘Teslas in tunnels’ are a $52 million bet on the future of transit

Musk is gambling the future of the Boring Company on its debut project in Las Vegas. Could the tunneling startup pave the way for new technological breakthroughs? Or is it more hucksterism from the “master of distraction”?

 
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