More money in your pocket, less headache from A to B?

Earlier this week, we covered a first-look at The Boring Company’s most recent tunnels under Los Angeles, as posted by Elon Musk to his various social media outlets. Now, we’re getting a little more insight into the Boring Company’s plans, courtesy of a Q&A session Musk recently conducted in LA, wherein the company CEO revealed a $1 price point for mass transit users of the new underground transportation network.

Continue reading for the full story.

The Full Story

Musk is proposing a “personalized mass transit” system that costs just $1 to ride. However, to achieve that low rate, The Boring Company will need to reduce the cost of building its tunnels by a significant margin.

If you’re a bit late to the party, here’s the skinny on The Boring Company - established in 2016 by Elon Musk, the same billionaire behind tech pioneers like Tesla, SpaceX, OpenAI, and Nueralink, among others, The Boring Company is a tunnel construction company currently tasked with building a new mass transportation network underneath Los Angeles.

So far, the company has made good progress, creating a tunnel that starts at the SpaceX offices in Hawthorne and stretches towards LAX.

Now, we’re getting new details on the proposed transportation network.

You can check out the full one-hour-long Q&A session with Musk above, which was streamed live on YouTube recently. However, if you want the quick and easy on the $1 fare, plus a few other nuggets of info, read on.

Essentially, Musk is proposing a “personalized mass transit” system that costs just $1 to ride. However, to achieve that low rate, The Boring Company will need to reduce the cost of building its tunnels by a significant margin.

As such, Musk says the company is utilizing “vertical integration,” whereby the required concrete and reinforcement walls are created onsite, as the tunnels are dug. A reduction in the tunnel diameter and the utilization of an “electric locomotive” (basically a machine to pull out dirt and rocks that runs on a pair of Model 3 motors) should also help to up efficiency levels.

What’s more, the company plans on using the excavated earth to create bricks for the construction of houses and buildings, which should help to bring in a bit of income to help fund the project.

If Elon Musk Has His Way, It'll Cost You $1 to Ride the Mass Transit Pod Through the Boring Company's Tunnels
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If everything goes according to plan, the new network will include several more stops than you might expect from a traditional subway system.

If everything goes according to plan, the new network will include several more stops than you might expect from a traditional subway system, making it more efficient for riders to get to their destination.

The system will also include a variety of different “levels” to traverse, making it a bit like a modern automobile highway network.

Details include pods capable of accommodating up to 16 passengers, with a top speed of 150 mph. At that rate of speed, The Boring Company estimates a travel time from downtown LA to LAX in just 8 minutes, all of which is achieved using just electricity.

References

So, Elon Musk Really is Serious About Making Tunnels
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Read more about The Boring Company.

Elon Musk Wants A 5-Mile Hyperloop Test Track
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Check out everything we’ve got on Elon Musk

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