
Elon Musk tweeted late Friday that his startup Boring Co. will have a transportation tunnel it's building in Las Vegas "hopefully fully operational in 2020."
Why it matters: Per Axios' Joann Mueller, Vegas is the first paying customer for Musk's hyperloop idea aimed at easing traffic woes in highly congested cities began as a joke tweet in 2016. The transit system would shorten what would be a 15-minute walk to a one-minute ride.
The big picture: Boring Co. announced in November that the convention center tunnel would be completed by January 2021. Preliminary work on the $48.7 million project, including pit construction, began in September.
- The Vegas tunnel is the firm’s "only major project so far other than a mile-long test tunnel in Hawthorne, California," Bloomberg notes. But Musk indicated on Twitter more projects were in the works:

Go deeper: In photos: Elon Musk reveals Boring Co.'s underground tunnel
Never miss a major business story
Get breaking news alerts sent directly to your inbox
Business - Latest - Google News
December 29, 2019 at 09:15AM
https://ift.tt/39jWKZa
Elon Musk: Boring Co. Las Vegas tunnel hopefully operational in 2020 - Axios
Business - Latest - Google News
https://ift.tt/2Rx7A4Y
Bagikan Berita Ini
0 Response to "Elon Musk: Boring Co. Las Vegas tunnel hopefully operational in 2020 - Axios"
Post a Comment