Elon Musk said The Boring Company is working on a high-speed tunnel between Austin and San Antonio that could cut the journey to under 30 minutes. In a post on X, Musk described the project as a simple, precursor Hyperloop tunnel running at more than 200 miles per hour, and said the trip currently takes up to two and a half hours because of traffic congestion, a time the company could reduce to a consistent under 30 minutes. Earlier this month, the tunneling company raised $3 billion in its latest funding round, led mainly by UAE-based entities, bringing its total valuation to $23 billion, and said the UAE partnership may also involve over 93 miles of underground infrastructure, building on its previously announced Dubai Loop project. Separately, Tesla is preparing for the debut of its Roadster high-performance vehicle on October 1st and has begun taking reservations again at $50,000 per buyer. Musk also fueled speculation about a possible merger between Tesla and SpaceX during an appearance on the All In Podcast, citing deep collaboration between the two companies.
Tesla IncTesla is preparing the Roadster debut on October 1 and has reopened $50,000 reservations.
Musk says The Boring Company is building a 200+ mph Austin-San Antonio tunnel cutting the trip to under 30 minutes.
