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Apr 15, 2019,  by Allianz Partners Business Insights

Las Vegas: Elon Musk says his futuristic tunnel will be operational “by end of year”

The Boring Company, run by Elon Musk, has been selected by the city of Las Vegas to build an underground tunnel to make it easier for visitors to get around the city’s convention centre. “Assuming to be operational by end of year!” the inventive billionaire posted on Twitter.


On Tuesday, the Las Vegas visitors authority decided to entrust one of Elon Musk’s companies with the construction of an underground tunnel. The inventive billionaire is planning to make it operational “by end of year.”
The Boring Company was selected to design, build and manage a loop of tunnels that will be used to transport passengers at high speed in self-driving electric vehicles. The construction of these tunnels ties in with the expansion of the city’s convention centre, explained the Las Vegas Convention and Visitors Authority (LVCVA).


Between 35 and 55 million dollars


Elon Musk, whose companies have already developed electric cars (Tesla) and space rockets (SpaceX), delighted in the news. “Looking forward to building a Boring Company tunnel in Vegas,” he posted on Twitter. “Assuming to be operational by end of year!” he informed his social media followers. 

A contract must still be drawn up in order to obtain a final green light in June. The tunnel project is said to cost between 35 and 55 million dollars, depending on the chosen route and the number of stations requested.


The tunnel could be extended


Once the extension work has been carried out, the convention centre will cover 200 acres, with a distance of  nearly 2 miles separating its furthest points. This distance requires “an on-property guest transportation solution,” said the visitors authority. 

The system must be able to be extended in the future to link up with the city centre and its famous boulevard of hotels and casinos, the airport and other parts of the city.


A project that could revolutionise urban transport


Last December near Los Angeles, Elon Musk, who founded The Boring Company to develop ad hoc technologies, presented a “tunnel test” for this project, whose aim is to revolutionise urban transport by passing underneath traffic jams. 

The idea came to Musk when he was sitting at the wheel of his car, stuck in a traffic jam between his chic Bel Air villa and SpaceX’s office in Hawthorne, in southern Los Angeles. Over the long term, the idea would be to allow thousands of electric and self-driving vehicles to circulate underneath cities at speeds of up to 150mph.


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