Author: Tronserve admin
Wednesday 28th July 2021 05:50 AM
Elon Musk's Tunnel Company To Surface In China
The futuristic technologist and Tesla CEO recently announced via Twitter that Boring Co., his tunneling and transportation solution startup, will open a China unit later this month. Musk is slated to speak at the World Artificial Intelligence Conference in Shanghai, which runs from Aug. 29 to 31. But he has included one more item to his itinerary and "will also be launching The Boring Company China on this trip," he said in a tweet.
Boring Co. was established by Musk in 2016 just after he complained about the traffic congestion in Los Angeles, where the charismatic CEO resides. Musk's solution: build underground tunnels where passengers will be moved in autonomous vehicles at high speeds.
The startup opened its first test tunnel under the California headquarters of SpaceX, the space transportation company Musk established. And it just recently landed its first commercial contract to build and operate an underground loop system that can bring people around the Las Vegas Convention Center.
The $48.7 million Las Vegas contract comprises of building two tunnels, one for vehicles and one for pedestrians sitting in fully automated Tesla cars modified for tunnel transport. Boring Co. has also proposed building a transit system in Chicago and a tunnel connecting New York City and Washington. Each plans are yet to be approved by regulators. Boring Co. didn't straight away respond to a request for comment.