Elon Musk’s Boring Company In Austin, Texas

Credit Twitter

 

 

The Boring Company is setting up operations in Austin, Texas. This tunneling and transportation startup, promoted by Elon Musk, had tweeted about the availability of jobs in Austin Texas.

 

On November 10, 2020 The Boring Company sent this tweet: “Rumor has it that “Austin Chalk” is geologically one of the best soils for tunneling. Want to find out? Austin jobs now available.”

 

The Boring Company consists of five product lines that are centered around tunneling: base tunnels to customers, tunnels for utility, pedestrians, freight and the Loop service.

 

The company says that Loop is a unique underground public transportation system. In this system passengers will be swiftly transported in autonomous vehicles. These vehicles are Tesla Model S, 3 and X, as per the company. They can reach speeds up to 150 miles per hour as they travel through tunnels that will be built between stations.

 

Las Vegas Convention Center (LVCC) signed a contract with the company to transport attendees through a couple of underground tunnels in Tesla vehicles. Four to five attendees were supposed to be transported at a time. TechCrunch viewed the planning files. It appears that the Loop will not be able to move as many people as LVCC requires and the company agreed to.


Follow us on Google news for more updates and News










PLEASE READ THE IMPORTANT DISCLOSURES BELOW.

This content is being provided to you for informational purposes only. The content has been prepared by third parties not affiliated with CWEB Inc, a business. This content and any information contained therein, does not constitute a recommendation by CWEB to buy, sell or hold any security, financial product or instrument referenced in the content. This information neither is, nor should be construed as an offer, or a solicitation of an offer, to buy or sell securities by CWEB Inc. CWEB Inc. does not offer or provide any opinion regarding the nature, potential, value, suitability or profitability of any particular investment or investment strategy, and you shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

Unless stated otherwise, the web content provided by the CWEB family of companies is for educational purposes only. The information and tools provided neither are, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities by CWEB Inc. or its affiliates. Unless stated otherwise, no information presented constitutes a recommendation by CWEB Inc. or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy.

Full Disclaimer

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.