Elon Musk: Boring Company's LA "Loop" tunnel system will cost $1/ride

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In one apparent gain announced earlier, the Los Angeles transit authority voiced support for Musk's tunnel ambitions, tweeting that the agency and Boring had a "great meeting" on Thursday and would "be partners moving forward". The founder and CEO of The Boring Company envisions of creating a new form of transportation to get out of the nasty Los Angeles traffic he famously complains about. Opponents say the exemption Boring seeks from a lengthy environmental review of the Los Angeles test tunnel violates state law forbidding such waivers for large-scope projects on a piecemeal basis. Musk noted, "If you can build a tunnel in LA, you can build it anywhere".

"You won't even know we even exist", said Steve Davis, with the Boring Company.

According to the city, the proposed tunnel would begin with the entry/exit point at 2352-6 Sepulveda Boulevard, north of West Pico Boulevard, in West Los Angeles.

Musk plans to launch a prototype train inside a 2.7-mile tunnel that his "Boring Company" wants to build on the western side of the city.

Musk, the Silicon Valley high-tech tycoon who founded the Tesla Inc. electric auto maker, also said he would offer free trips through the first two research tunnels he completes to get public feedback before proceeding with a larger system.

On that note, Musk talked about one transit concept, called Loop, a zero-emissions high-speed transit system that could travel up to 150 miles per hour, and carry passengers from downtown LA to the Los Angeles International Airport in eight minutes.

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That plan has been met with skepticism (and a lawsuit) by neighborhood groups concerned about construction noise and other environmental impacts.

In October 2017, Musk shared the first image of the Boring Company's test tunnel under SpaceX's headquarters.

What's interesting is that in his tweets, Musk says that the reason for prioritizing passengers (and presumably the reason for the low fare) is "courtesy and fairness", saying: "If someone can't afford a auto, they should go first". Musk said that rides on the subway-like rail service dubbed "Loop" would cost one dollar.

"Compared to a flying auto, you don't have to worry about bad weather, you can't see it, hear it, feel it".

After users suggested he was joking, Musk clarified: "I am actually going to do this".

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