Musk’s Boring Company proposes to build transit tunnel in Florida

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BERKELEY, Calif. (Reuters) – Elon Musk’s tunneling firm, Boring Company, has submitted a bid to build an underground transportation system between downtown and the beach in Fort Lauderdale, Fla., Said the mayor of the town.

“This could be a really innovative way to reduce traffic congestion,” Fort Lauderdale Mayor Dean J. Trantalis tweeted Tuesday, adding that other companies have 45 days to submit competing proposals.

Terms of the offer were not disclosed and Boring Company made no immediate comment. The company retweeted the mayor’s tweet.

In June, Boring Company opened its first commercial tunnel project in Las Vegas to transport visitors through the city’s convention center using human-powered Tesla vehicles.

Boring Company said the 1.7-mile (2.7-kilometer) tunnel reduced “a 45-minute walk between campus to about 2 minutes” at the facility.

Musk, who runs electric car maker Tesla Inc and rocket company SpaceX, launched the Boring Company after complaining on Twitter in December 2016 that LA traffic was “driving me crazy,” promising to “build a machine. boring and start digging ”.

In February, Miami Mayor Francis Suarez said Musk told him that a local tunnel project, previously valued at $ 1 billion, could be completed for nearly $ 30 million in six months.

(Reporting by Hyunjoo Jin; Editing by Cynthia Osterman)


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