Elon Musk's Boring Company to finish Las Vegas loop by end of 2020

Source: Xinhua| 2020-01-03 18:52:12|Editor: Shi Yinglun
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LOS ANGELES, Jan. 2 (Xinhua) -- Elon Musk's The Boring Company (TBC) is currently building a "loop," its underground electric transport system, in Las Vegas, and it could be ready by the end of 2020, according to local media reports on Thursday.

The 2020 Consumer Electronics Show (CES) will kick off next week in Las Vegas. For the event next year, attendees should be able to get around the giant Las Vegas Convention Center in TBC's Loop, according to reports by Electrek.

TBC CEO and founder Musk recently tweeted that he expects the project to be completed by the end of 2020.

The project was initiated by the Las Vegas Convention and Visitors Authority (LVCVA), which operates the city's massive convention center. The city is currently expanding the already gigantic venue with a new section to open in 2021, and it needs a new way to move people between all their different halls.

In May 2019, the LVCVA approved the contract with TBC to design and construct the new underground people mover project encompassing Las Vegas Convention Center.

The project, with a contract value of over 48 million U.S. dollars, could rapidly and safely carry passengers in autonomous electric vehicles via a loop of underground express-route tunnels.