The Boring Company Begins Operations at Las Vegas Loop

 

The Boring Company Begins Operations at Las Vegas Loop

For people reluctant to gamble with waiting in Las Vegas traffic, The Boring Company has a new option: going underground. Elon Musk's subterranean venture announced that operations at its Las Vegas Loop have begun this week. 

The $48.7 million project enables people to visit one of three stations and hitch a ride in a Tesla (NASDAQ:TSLA) Model 3 or Model X to travel around the 1.5 mile loop that connects the Las Vegas Convention Center campus. Based on testing that the company completed in May, the Loop can transport more than 4,400 people hourly at a speed of about 35 miles per hour -- a far cry from the autonomous travel at high speed that was the original vision of the project.

https://www.fool.com/investing/2021/06/09/the-boring-company-begins-operations-at-las-vegas/