Billionaire businessman Elon Musk's boring company has been tasked with building a large underground transport system for Tesla cars in Las Vegas.
City officials unanimously approved Mpini's proposed Vegas Loop, which will connect Julius Vegas' popular route, the Las Vegas Riders Stadium, and the University of Nevada on the Las Vegas campus. Elon Musk's Boring Company has already built a small 1.7-mile loop system at the city's Las Vegas Convention Center. "I hope parts of the central system will be under construction within a year and then we can continue to expand from there," the president of the Las Vegas Convention and Visitors Authority and President Restiehl told Focus Five. When the 29-mile-long system is completed, it will carry 700 Tesla cars through the tunnels at the same time and will be able to carry 57 passengers per hour through 51 stations. Passengers charge between 5$ and 20$ per ride will depend on the length of the journey of the dependents. Officials say the charges will be higher than other means of transport but less than ride-hailing companies. Loop passengers can ride in cars with drivers, but the loop system will have no traffic lights. Nor will it have stop signs. Tax funding will not be required for the loop as the boring company will bear the cost of its construction and pay a monthly fee to the county based on the rental income. Will do . Work has begun on the proposed loop systems in Los Angeles and Chicago Not to be outdone, Musk's company has announced plans for such stumps in Florida in July and Texas in August. The boring company says its tunnels will be a practical model for urban transportation. According to the company's website: Roads should be 3Dized to solve the most painful traffic problem, which means no transport need tunnels in a flying car. Unlike flying cars, tunnels are weatherproof, protected from visible effects, hidden from view and will not fall on your head. Tunnels reduce the cost of expensive land and do not conflict with existing sewage systems. A large network of tunnels can reduce traffic congestion in any city. More tunnels can be built as the city grows.