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Showing posts with the label #Boring Co.

Elon Musk Tunnels Under Vegas

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Project to Move Self-Driving Cars Thru Tunnel About Done                          Source:  The Boring Company Vegas Loop Elon Musk's Tunnel Vision - "Embrace Tunnels" Entrepreneur Elon Musk has made major global news in 2020 with his huge SpaceX accomplishments and Tesla leadership in electric vehicles.  He's about to make more news with his tunnel company, The Boring Company.  Musk has almost completed his first operational Loop tunnel under Las Vegas.   In a tweet, Musk said that tunnels under cities with self-driving cars "will feel like warp drive".  That's his description of the future of urban transportation.  For the past year under contract by the city of Las Vegas, Musk has been building an underground loop tunnel system for public use.  It will shuttle passengers in self-driving Tesla cars to destinations in Vegas within minutes. Musk's Vision Tunnels are a key pa...

Elon Musk Opens Tunnel Transport Operations in China

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Boring Company to Set-Up Operations in China Source: The Boring Company For China, Tunnel Based Transportation Systems Billionaire entrepreneur Elon Musk just announced that he's going to launch operations of his Boring Company in China.  He'll do so during a trip to China for an artificial intelligence conference late this month.  The Boring company builds tunnel based transportation systems, including the Hyperloop. From LA & Las Vegas to China Musk has momentum going with the Boring Company, which is far from boring.  Musk recently won his first commercial contract to build a mile long shuttle to ferry tourists around the Las Vegas Convention Center.  He's also built a test tunnel at the company's headquarters in suburban Los Angeles.  In July, he raised $120 million from outside investors to help fund his tunnel projects and proposals.  He wants to build a tunnel system to connect Baltimore and Washington, DC.  That is curren...

Hyperloop's Boring Co. Raises Millions

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Successful New Round of Funding Source:  Boring Company CEO Alon Musk Plans for LA, Chicago, Baltimore and More Elon Musk's Boring Company has raised $117 million in its latest round of funding.  The money came from 20, unnamed investors in return for $120 million in equity in the company.  Entrepreneur/CEO Elon Musk has big plans for the company and the investment money to develop the hyperloop and loop. Networks of Underground Vacuum Tubes for Very Fast Transit Musk's hyperloop, which are passenger transit pods travelling inside vacuum tubes, has the potential to travel at speeds up to 760 mph.  The system would carry passengers 350 miles in 35 minutes.  He has completed testing his Loop project Test Tunnel, which transports cars through underground tunnels, parks them underground and then retrieves them for drivers.  The purpose of Loop is to reduce the number of cars on the road. Loop and Hyperloop Projects Musk has a number of projects u...