Elon Musk's Boring Co. lands its first paying customer, a $48.6 million contract in Las Vegas

The loop would move people across 200 acres of conference space with two tunnels for vehicles and three stations, according to the contract.

Las Vegas has other mass transit systems, including a monorail that travels along much of the Strip. But the company that operates the monorail went into bankruptcy in 2010, in part, because of low ticket sales. An efficient, high-speed people mover at the convention center might attract even more visitors. Proposals call for an underground loop that connects the entire Las Vegas Strip, McCarren International Airport, the new Raiders stadium and potentially even a route from Los Angeles to Las Vegas.

Can TSLA store inventory underground?

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Read the email Elon Musk sent to Tesla employees calling for 'hardcore' control of expensesThe memo says that $2 billion in fresh funding would only cover 10 months of business at the company's first quarter burn rate. Elon dropping the hammer. 🤔 10 months my ass This is crazy elonmusk and you know it. You have to confront more strategic choices, or else the Tesla Board or administrators will (& should) sell you out!
Source: CNBC - 🏆 12. / 72 Read more »

Why Tesla is Not a Car Company and What You Can Learn From Elon MuskWhen I was in business school, I learned that most companies were often not in the “business” they appeared to be. It is indeed comfortable to categorize a company’s business by its industry: transportation, financial services, manufacturing...etc. Sina_Vasighi _brohammad 🤔🤔🤔 Spot on!👍
Source: Forbes - 🏆 394. / 53 Read more »