Las Vegas approves a $48.6 million contract with Elon Musk’s Boring Company



The Las Vegas Convention and Visitors Authority held a vote today, where it approved a $48.6 million contract with the Boring Company, Elon Musk’s tunneling venture. The Boring Company’s “people mover,” the LVCC Loop, will consist of two tunnels for vehicles and three channels, as well as a pedestrian tunnel.

The project is expected to be complete in time to be used at the Consumer Electronics Show in January 2021, LVCVA told me in March. Then, Musk got on Twitter and suggested the project could be running by the end of the year. The general public contract suggests that tests will begin by November 2020. No matter the completion date, & rsquo; t was won by two-thirds of the money from the contract.

Of the numerous projects the company has taken on, the Las Vegas tunnel seems likely to be the first completed. A $1 billion bid for a Chicago tunnel to O’Hare airport hit a speed bump when Chicago elected a new mayor, Lori Lightfoot, who doesn’t seem really excited about the job . There have also been public meetings about a proposed “Dugout Loop” in Los Angeles, a two-mile tunnel to Dodger Stadium last year. There’s also a proposed tunnel from Washington D.C. to Baltimore, which is undergoing environmental assessment.

Up to now, The Boring Company has finished one 1.14-mile tunnel in Hawthorne, California. Musk said at the time that the tunnel cost $10 million and took a year and a half to complete. It is not yet clear what sort of vehicle will be utilised from the Las Vegas tube, however LVCVA’s president, Steve Hill, said in March that Model Xs, Model 3s, or modified electric vehicles with a 16-person tram body are under consideration.

Correction: A previous version of the post misstated the amount of money. It is $48.6 million, not $48.6 billion.

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