The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors approved a recommendation to select Elon Musk’s The Boring Company (TBC) to design, construct and operate a people mover for the Las Vegas Convention Center via a loop of underground express-route tunnels that could carry passengers in autonomous electric vehicles at high speeds. Elon Musk has tweeted that the two-mile long tunnel and people mover can be operational by the end of the year. Elon’s Boring Company (TBC) and the LVCVA will determine specific design, construction and operational plans and negotiate a contract for final approval by the LVCVA Board in a subsequent meeting anticipated by June 2019. TBC’s existing proposal indicates the underground loop system offers reduced total costs, less disruption to pedestrian and vehicle traffic, and faster construction time than traditional ground or above-ground options. The loop will be designed to meet the full spectrum of ridership needs, including demands from future expansions, with a potential capacity of up to 11,000 passengers per hour. The estimated system cost is between $35 million and $55 million depending on route, number of stations and size of stations. The project eventually could connect Downtown, the Las Vegas Convention Center, the Las Vegas Boulevard Resort Corridor, McCarran International Airport and beyond.
Looking forward to building a Boring Company tunnel in Vegas. Assuming to be operational by end of year! https://t.co/cSSO4SJ140— Elon Musk (@elonmusk) March 12, 2019