The Boring Company, Musk's audacious dream to create an underground transport system by boring tunnels beneath Los Angeles, has almost completed its first test bore.
In addition to his Tesla electric vehicle and SpaceX rocket launch businesses, Musk has created a company to bore transportation tunnels. The future price for a ride will be a little lower than a bus ticket. Musk claims that he will be able to offer free demo rides to the public in just a few months, pending some "final regulatory approvals", as he wrote on Instagram.
Musk has also talked again about how the tunnels will be used.
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If this initial tunnel is a hit, that may help Musk build momentum for bigger projects, such as tunnels between downtown Chicago and O'Hare International Airport, between Washington and NY, and between Los Angeles and the San Francisco Bay area. It's unclear how the public will get to experience Loop. In August 2017, he posted a video of a Tesla auto entering the tunnel via an elevator.
Elon Musk isn't one for thinking small or cheap, so his solution to beating the traffic was neither. In theory, more people could gravitate to cars and wait in traffic jams at tunnel entry points.
U.S. cities have largely halted the building of new tunnels and subways due to high costs that can exceed $1 billion per mile.
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Musk's reference to the support needed from the public, elected officials and regulators may serve to explain why he's bringing up the subject now.
The Tesla, SpaceX and Boring executive said that the tunnel is now pending regulatory approval.
"Super huge thanks to everyone that helped with this project", he continued.
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