Elon Musk's 'Boring Company' revealed its massive tunneling equipment and plans to dig tunnels under Los Angeles.
For context, a few months ago, Musk announced his interest in digging underground tunnels for cars to reduce traffic, launching a company called The Boring Company.
His vision (for the fellow Angelenos out there) involves being able to travel from "Westwood to LAX in 6 min"… which could otherwise take an hour during rush hour.
Current state-of-the-art tunneling technology is very slow and expensive (for reference, subway extension projects today cost about $1 billion per mile, and a snail can travel 14x faster than current tunneling tech).
The Boring Company aims to create a 10x improvement in the price of tunneling.
Peter Diamandis blog
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