Boring Company wins approval of $48M Las Vegas loop contract

CNET | 5/22/2019 | Steven Musil
magiccastlemagiccastle (Posted by) Level 4
Click For Photo: https://cnet2.cbsistatic.com/img/NlpT3BhIDErj2D0kfUxyNxZONeQ=/756x567/2019/05/22/ba3e4ebe-5525-45aa-84bb-952bb897fac0/boring-las-vegas-cars.jpg




An artist's rendering of what the cars used in the Boring Company's Las Vegas loop tunnels might look like.

Elon Musk's Boring Company is heading to Vegas.

Las - Vegas - Convention - Visitors - Authority

The Las Vegas Convention and Visitors Authority on Wednesday approved a $48.6 million contract for Boring to build and operate a loop of underground tunnels that would carry people in autonomous electric vehicles at the city's convention center. The total cost of the projected is expected to be $52.5 million.

The underground transit system will whisk passengers in electric vehicles from one end of the convention center to the other -- less than one mile.

LVCVA - March - Boring - Company - Tunnels

The LVCVA recommended in March that Boring Company be chosen to construct the tunnels as the convention center goes through an expansion, which will make it span 200 acres in 2021, just in time for CES. The project will potentially connect downtown Las Vegas, the convention center, the Las Vegas Boulevard Resort Corridor, McCarran International Airport and more.

The contract calls for the system to be running by 2021, but Musk tweeted in March that he'll make the tunnel "operational by end of year," even though the convention center's expansion...
(Excerpt) Read more at: CNET
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