Elon Musk's Boring Company Wins a $48.7 Million USD Contract in Las Vegas

The startup’s first commercial contract.

Tech & Gadgets
5.0K 1   Comments
Save

Elon Musk‘s tunneling and transportation startup the Boring Company has just won a $48.7 million USD contract to build and transport visitors at the Las Vegas Convention Center. The announcement came after the Las Vegas Convention and Visitors Authority shortlisted the Boring Company for the project in March, which was then approved via a vote by the Authority this past Wednesday. The project was initially created due to the Las Vegas Convention Center’s new expansion — which will expand the whole area to cover 200 acres — expected to completed by 2021.

For the contract, the Boring Company has been employed to create high-speed transportation for visitors who otherwise would have to walk two miles from end to end of the convention center. The plan involves building two tunnels for high-speed autonomous Tesla vehicles to transport visitors around, along with one pedestrian tunnel. In total, there’ll be three stations for passengers to board and alight.

While this is the first commercial contract for the Boring Company, it also said that the new tunnels built for the LVCVA could eventually connect the Convention Center to downtown Las Vegas, the Las Vegas Boulevard Resort Corridor, and the McCarran International Airport.

And elsewhere in tech news, Ford is using headless robots to finish autonomous driver deliveries.

Read Full Article

What to Read Next

Elon Musk Settles SEC Lawsuit Over Twitter Share Disclosures for $1.5 Million USD
Tech & Gadgets

Elon Musk Settles SEC Lawsuit Over Twitter Share Disclosures for $1.5 Million USD

The billionaire agrees to the civil penalty to resolve a years-long dispute regarding his initial stock purchases before acquiring the social media platform.

Las Vegas Aces' Jackie Young To Become WNBA's First $1 Million USD Player
Sports

Las Vegas Aces' Jackie Young To Become WNBA's First $1 Million USD Player

The four-time All-Star is reportedly finalizing a historic one-year contract following the league’s new collective bargaining agreement.

A’ja Wilson Lands Record $5 Million USD Las Vegas Aces Supermax Deal
Sports

A’ja Wilson Lands Record $5 Million USD Las Vegas Aces Supermax Deal

Her historic WNBA contract keeps the Las Vegas Aces dynasty intact while Chennedy Carter joins camp for an explosive backcourt boost.


Elon Musk Is Reportedly Exploring a SpaceX-Tesla Merger Ahead of the Largest IPO in History
Tech & Gadgets

Elon Musk Is Reportedly Exploring a SpaceX-Tesla Merger Ahead of the Largest IPO in History

Musk has supposedly discussed folding his two biggest companies together just weeks before SpaceX hits the Nasdaq on June 12.

David Hasselhoff & Kel Mitchell to Guest Star in Live-Action/Animated 'SpongeBob SquarePants' Special
Entertainment

David Hasselhoff & Kel Mitchell to Guest Star in Live-Action/Animated 'SpongeBob SquarePants' Special

Celebrating SpongeBob’s 20th birthday.

Whatsapp Is Introducing Ads and May Remove End-to-End Encryption
Tech & Gadgets

Whatsapp Is Introducing Ads and May Remove End-to-End Encryption

The end is near.

Take a Look at the Details on the Off-White™ x Nike Zoom Terra Kiger 5
Footwear

Take a Look at the Details on the Off-White™ x Nike Zoom Terra Kiger 5

From Virgil Abloh’s upcoming “Athlete in Progress” collection.

Rick Owens Unveils Its Latest Set of Sculpted Sunglasses
Fashion

Rick Owens Unveils Its Latest Set of Sculpted Sunglasses

Bolstered with Japanese Memory Flex™ nylon.

Madonna & Swae Lee Collide in an Evocative Visual for "Crave"
Music

Madonna & Swae Lee Collide in an Evocative Visual for "Crave"

Leading up to the release of ‘Madame X.’

WACKO MARIA Taps Bob Marley and WOLF'S HEAD in Latest Capsule Series
Fashion

WACKO MARIA Taps Bob Marley and WOLF'S HEAD in Latest Capsule Series

Featuring a graphic-heavy noragi.


HBO May Lose a Sizeable Number of Subscribers Now That 'Game of Thrones' Has Ended
Entertainment

HBO May Lose a Sizeable Number of Subscribers Now That 'Game of Thrones' Has Ended

Up to 20 percent of current subscribers could leave.

'The Babadook' Director Jennifer Kent Returns With Vengeful Followup, 'The Nightingale'
Entertainment

'The Babadook' Director Jennifer Kent Returns With Vengeful Followup, 'The Nightingale'

Boasting all-star cast from ‘Game of Thrones,’ ‘The Hunger Games’ and ‘Once Upon a Time in Hollywood.’

The adidas Yung-1 Receives an Exotic “Snakeskin” Revamp
Footwear

The adidas Yung-1 Receives an Exotic “Snakeskin” Revamp

Another reptilian texture sneaker.

Tencent & Riot Games Is Reportedly Developing a Mobile Version of 'League of Legends'
Gaming

Tencent & Riot Games Is Reportedly Developing a Mobile Version of 'League of Legends'

No word yet regarding an official release.

Razer Is Killing Its Ouya Console After Six Years
Entertainment

Razer Is Killing Its Ouya Console After Six Years

The console responsible for ‘TowerFall.’

Cav Empt Bolsters Lightweight Offerings With Signature Graphics in Latest SS19 Drop
Fashion

Cav Empt Bolsters Lightweight Offerings With Signature Graphics in Latest SS19 Drop

The imprint’s signature aesthetic is back in full force.

More ▾