LAS VEGAS – Boring Company founder Elon Musk and his vision of creating high-speed transit tunnels to solve the country's high infrastructure costs for a fraction of the price, may ultimately affect the desert.
The Las Vegas Convention and Visitor Authority voted earlier this week to move forward with contract negotiations with Musk & # 39; s Boring Co. to build a tunnel transport system that connects the approximately two-kilometer-long conference center.
"What if we could create something like the rest of the industry – in China, in Denver, in Atlanta – said" God I wish we had, I wish we would have "," Chuck Bowling, serving on LVCVA's board As well as the president of Mandalay Bay, during a committee meeting on Tuesday, he continued to hold talks with The Boring Company.
While a majority of board members were thrilled with the opportunity to be a test environment for innovation, the idea was not without skepticism – including from Las Vegas Mayor Carolyn G. Goodman.
"The Boring Company has no proven successes or results of accomplishments. It is exploratory at this time and we are considering delivering the reins to our most important industry," said Goodman, who also serves on LVCVA's board. "I would like to have further information on this entire project for LVCVA's inclusive government."
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Despite having several other proposals / projects In the Los Angeles, Chicago, and Washington DC and Maryland works, Boring Co. Not yet built more than a two-mile test tunnel in Hawthorne, California.
Russell Holly, chief executive of Mobile Nations, notes that Tesla's founder has a "great overview of overpromising", but said if Boring Company can follow through in Las Vegas, it can be "a big deal for the company and lead to many other contracts. "  "Tesla increases the prices of all its cars, and the well-known $ 35,000 model is not going to happen," said Holly, referring to the automotive industry, announcing that it increased the price of most vehicles by 3 percent. "So there's a lot, you know, overpromising about Tesla. I see no reason to think that the Boring Company is going to be any different, especially since it's untested. So it's hard to say seriously."
SEC CHAIR CLAYTON ON ELON MUSK SAGA: 280 CHARACTERS ON TWITTERS "ARE NOT SOMETHING" ON TIMES What sets Musk apart is not the tunnel itself, but the extremely low price he claims to be able to build it on. Another concern mentioned during Tuesday's LVCVA committee hearing.
Boring Co.'s $ 35 million to $ 55 million proposal for the Las Vegas Convention Center will include Tesla vehicles operating with express tunnels connecting the Convention Center's main halls with the ability to transport approximately 11,000 passengers an hour.
"The whole purpose of our company is not to say we found tunnels, it would be ridiculous – that is to say we can do it faster and we can do it much cheaper and we" We are willing to Put our money where our mouths are making all fixed price and performance based contracts, says Steve Davis, Boring Co-President, on Tuesday's committee meeting.
To put it in perspective, the San Francisco Central Subway costs $ 920 million a mile while the Seattle U-Link came in at $ 600 million a mile at the cheaper end, according to data collected by author and transport scientist Alon Levy for CityLab in January. .
The expansion to New York City for the Manhattan East Side costs $ 2.5 billion per kilometer, while the addition to the 7 line costs $ 1.5 billion, the New York Times pointed out. 19659003] If Las Vegas becomes The Boring Company's first success story, it can help solve the nation's infrastructure problem and close the trillion dollar gap "between what we currently spend on infrastructure across the country and what we need to use," Michele Nellenbach, director of Strategic measures at the Bipartisan Policy Center, Fox News told.
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"We are certainly not without need, and we Need some innovative solutions that will hopefully bring down some of the costs – which to me was one of the exciting things about what Musk has suggested is that if boring technology works as he predicts, it could really reduce the cost of doing some of this underground
President Donald Trumps 2020's budget plan requires at least $ 1 trillion in infrastructure spending.
As for Las Vegas, the Regional Transportation Commission of Southern Nevada, Tina Quigley, low-priced at what Musk suggests is definitely exciting when the city is "out of place."
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"We have a geometric problem in some corridors where we can just & # 39; t fit into more personal private vehicles without having significant traffic, says Quigley and adds "there is no way to decouple technology and transit and forward transportation. They are connections and well, they should be because there is a lot of opportunity to get more Unless they need space or something. "
If everything goes according to plan, LVCVA's president Steve Hill expects the tunnel to be completed in time for the 2021 Consumer Electronics Show and believes that it could later be expanded to connect to Vegas- strip.