Elon Musk’s Boring Company plan for a 69-station “Vegas Loop” is anything but nice

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There’s about to be way more Teslas in way more tunnels.

To say nothing about the fact that the test most likely didn’t reflect the system’s actual capacity targets in operation., the system may be only able to carry 1,200 people per hour — or a fourth of the promised capacity. If Boring can’t meet the 4,400 people-an-hour target, the company faces stiff fines: $300,000 per trade show for a maximum of $4.5 million.

The only saving grace for Las Vegas is that taxpayers won’t be on the hook for whatever this turns out to be. Boring will finance the tunnels, the casinos and hotels will pay for the stations, and then the company will operate the system and collect revenue from ticket sales. Industry veterans said that in terms of cost, factors like property acquisition, permitting and engineering work, and the sheer complexity of digging through rock or soil matter far more than tunneling speed.

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