Elon Musk: Boring Company's LA "Loop" tunnel system will cost $1/ride

Elon Musk and Steve Davis

Elon Musk and Steve Davis

This is big news right now as the City of Los Angeles has just recently approved Elon Musk's plans to construct a rocket manufacturing facility so that these BFR rockets can be made, according to CNet.

The charismatic entrepreneur said he hoped the new public transport system would help resolve the city's chaotic traffic. Last week, he showed off the first Boring Company tunnel under Los Angles, saying it's nearly done and awaiting regulatory approvals.

Elon Musk wants to use the biggest rocket SpaceX has ever built to transport humans anywhere on Earth in under an hour.

Musk said that Boring Company Loop's vision of the future would be much more congruous with city life than subways, and that while it was very hard to weave large stations into a city, building many more parking spot-sized stations could theoretically be much more effective.

Much of the focus of the presentation was to assure the public that the Boring Company's efforts would not be disruptive to the public or heavily stress the city's existing highway systems.

Musk, the SpaceX and Tesla founder who began a tunnel-digging venture called The Boring Co. a year ago in Hawthorne, said on Twitter that he will present plans and take questions during the 7 p.m. meeting at Leo Baeck Temple.

Test tunnel
A map shows the proposed route for a 2.7-mile prototype tunnel

Musk said the first two tunnel segments would serve as proof-of-concept sites to demonstrate ideas for a traffic-easing network of subterranean tubes whisking passenger-carrying "pods" and individual cars from place to place at high speeds.

Musk launched his foray into public transit after complaining on Twitter in December 2016 that clogged traffic was "driving me nuts", vowing to "build a boring machine and just start digging". "If we can't do a two-mile tunnel without disturbing people, how can we do hundreds of miles?"

LA Metro was apparently concerned about the Boring Company's latest plan for a tunnel in West Los Angeles potentially interfering with their local rail system, but now they say that they will partner with the startup going forward. Musk commented, "we're not suggesting this to the exclusion of other approaches".

In October 2017, Musk shared the first image of the Boring Company's test tunnel under SpaceX's headquarters.

"You won't hear us, you won't see us, you won't feel us".

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