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EconomyMusk Pivots Boring Company Prioritizes Texas and Florida

Musk Pivots Boring Company Prioritizes Texas and Florida

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Photo of the article titled Elon Musk's latest plan to dig up useless money targets Miami and Texas
Photo: Robin Beck (Getty Images)

Poor fellow performance Even poorer public perception Elon Musk’s Boring Company has been forced to largely move away from its more ambitious ventures and choose instead to prioritize the more politically friendly locals. Now, Musk is said to have his sights set on Texas and Miami for the company’s immediate future.

Boring is reported to have applied for permits to develop a new and complex test site in Bastrop Country near Austin, according to 2021 documents. He got it from Bloomberg Businessweek. The company reportedly plans to build a complex on the land equipped with housing on the site where it will build “as many tunnels as necessary” to test new technologies for developing underground pipes. Each of the tunnels at the test site may extend approximately 300-600 feet.

Besides the tunnels, the Boring, Texas site is said to feature 10 prefabricated, 550-square-foot, one-bedroom homes for workers and might one day include a coffee shop and retail buildings.

Meanwhile, about 1,300 miles to the east, the company recently submitted a new 6.2-mile proposal. The Ring Tunnel in Miami. This proposal, from the inside Reports, claims that the so-called “North Miami Beach Loop” can carry more than 7,500 passengers per hour. Broadly, Boring believes that number can jump to 15,000 per hour, although BorRecent ing displays are any clue that is still very far away.

The Boring Corporation estimates that its proposed project in Miami will cost anywhere from $185 million to $220 million and could take less than three years to build. The company is also identifying ways in which it can expand along the 6.2-mile route, potentially adding connections to Hard Rock Stadium and the Biscayne campus of Florida International University. As with all Musk-related projects, these timelines and estimates should be taken with caution.

However, the proposals were met with excitement from at least some Florida officials.

“We’ve got a lot of traffic and that’s going to be a way to relieve a great deal of that traffic,” North Miami Beach commissioner Michael Joseph told Insider. Joseph claims that Musk’s spending can come at a fraction of the cost of larger infrastructure plans, likely starting with a few relatively major disruptions to the local economy.

The Miami proposal represents Boring’s second attempt to get rid of the earth beneath Florida after several years. Last summer, the mayor of Fort Lauderdale said the city Approved A proposal to build a tunnel connecting the city down to the beach, something is seen K “A really innovative way to reduce traffic congestion.”

Both new projects follow a large number of reported risks and strategic reorientation in the company. Although Boring once had big plans over the years to build tunnels connecting Washington and Baltimore and others intended to transport Los Angeles residents to Dodger Stadium, those endeavors have been held up by regulatory restrictions and an environmental review, Bloomberg Notes. In a sign of exasperation, the company reportedly removed any reference to the projects from its website.

“I think you can pronounce these dead,” Dina Pelzer, head of strategic economic consulting, told Bloomberg at the time.

On the other hand, other projects still active have failed to generate the levels of hype that Musk’s other side businesses have achieved. In Las Vegas for example where currently boring is working A tunnel that takes drivers to the Las Vegas Convention Center, and cars can still reach a top speed of about 35 mph. You must drive one by one. The videos posted show passengers using the tunnel for half a minute perfectly.

From a purely practical perspective, Boring’s Geo-reorientation makes sense, particularly in Texas. Tesla, for example, officially moved Its headquarters from Palo Alto to Austin last year, as did Musk Himself. Texas and Austin have also seen some of the largest influx of tech workers’ immigration During the pandemic, too, although there are Signs Some of this change is at least partially settled Outside.

Metro areas of Texas and Florida, which largely lack subways and other forms of public transportation, legitimately need a major reimagining of transportation infrastructure. Whether or not the dull, yet faint tubes can make a meaningful difference in this department, anyway, is quite another thing.

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