Elon Musk’s Boring business digs in with a new pitch

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

South Africa Headlines News

Billionaire’s start-up works on tunnels twice as wide in diameter

Tesla founder Elon Musk speaks at the unveiling event by The Boring Company for a test tunnel of a proposed underground transportation network in Los Angeles. Picture: ROBYN BECK/REUTERSElon Musk’s tunnelling start-up The Boring Company is working on much wider tunnels than publicly announced, which could hugely expand the reach of the business.

When the company started in 2016, Tesla founder Musk spoke about tunnels hundreds of kilometres long for high-speed transportation that could “solve traffic”. But the company has scaled down its goals, pitching shorter projects within cities. Most recently, it completed 2.7km of tunnel under Las Vegas.Tom Groark, executive director of the MolesThe new pitch for its planned freight-tunnel business shows three ways that freight could be transported through its tunnels.

The constraint, she said, is cost — along with finding the right environment where a tunnel works better than a road. But keeping the larger tunnels at a standard 6.4m, instead of building to custom widths, could help keep costs down. “They’re making the job fit the machine, and that’s huge,” said Groark. Normally, he said, once tunnel boring machines finish a project, they go back to the manufacturer. Then they get modified to fit the next job at considerable expense.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: Access Bank launches SA offeringAccess Bank SA MD Bennie van Rooy talks to Business Day TV about the launch of the new retail bank in SA
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Access Bank launches SA offeringAccess Bank SA MD Bennie van Rooy talks to Business Day TV about the launch of the new retail bank in SA
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Why Sanlam is buying Alexander Forbes’s life insurance businessSanlam CEO Paul Hanratty talks to Business Day TV about the group’s acquisition A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake but when I try it I realize that is real so I won't keep silent I need everyone to smile like me, JAmSRcharD
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Why Sanlam is buying Alexander Forbes’s life insurance businessSanlam CEO Paul Hanratty talks to Business Day TV about the group’s acquisition
Source: BDliveSA - 🏆 12. / 63 Read more »

Jabu Mabuza, boardroom leader and doyen of black business, diesAcclaimed business leader died of Covid-19 complications A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake but when I try it I realize that is real so I won't keep silent I need everyone to smile like me, JAmSRcharD
Source: BDliveSA - 🏆 12. / 63 Read more »

PODCAST | Money makes the world go round: a broke ANC and a desperate, diamond-digging populaceThe team discusses the ANC's cash crunch and the politics of KZN's 'diamond rush'.
Source: TimesLIVE - 🏆 28. / 59 Read more »