Musk's Boring Company releases more details on 'NOLA Loop' proposal

LAS VEGAS, NEVADA - APRIL 09: A Tesla car drives through a tunnel in the Central Station during a media preview of the Las Vegas Convention Center Loop on April 9, 2021 in Las Vegas, Nevada. The Las Vegas Convention Center Loop is an underground transportation system that is the first commercial project by Elon Musk’s The Boring Company. The USD 52.5 million loop, which includes two one-way vehicle tunnels 40 feet beneath the ground and three passenger stations, will take convention attendees across the 200-acre convention campus for free in all-electric Tesla vehicles in under two minutes. To walk that distance can take upward of 25 minutes. The system is designed to carry 4,400 people per hour using a fleet of 62 vehicles at maximum capacity. It is scheduled to be fully operational in June when the facility plans to host its first large-scale convention since the COVID-19 shutdown. There are plans to expand the system throughout the resort corridor in the future.