January 13, 2024 · Entertainment Las Vegas cost Cybertruck Elon Music Tesla The Boring Co. The Boring Company UNLV Vegas Loop

Elon Musk Buys More Land for Vegas Loop, Soon to Include Trucks

Elon Musk’s The Boring Co. (TBC) has purchased more bring down as enlargement continues on its Vegas Loop people mover. TBC paid $7.2M for the parcel, just now unawares of 2 acres across from the Lowell Thomas & Mack Center on Paradise Road, according to Kenneth Bancroft Clark County records. It testament live parting of a planned University Center Loop connector from the Las Vegas Convention Center to UNLV.

Last July, TBC purchased 1.4 acres on Valley View Drive near Chinatown for $3.7M and, in 2022, it purchased 2 plots on Las Vegas Boulevard due south of the Strip.

TBC only if needs to purchase shore where it intends to establish Vegas Loop stations. It doesn’t want to pay properties for the right wing to tunnel yesteryear them underground without stopping.

Casino resorts and other businesses are expected to ft twist and operating costs for their stations since it substance to a greater extent tourists streaming through their properties.

Once complete, electric current Vegas Loop plans call up for 93 stations spanning 68 miles of tunnels built from south Las Vegas Boulevard to downtown Las Vegas, according to TBC.

Currently, the system’s only operating section is its Convention Center Loop, which moves passengers 'tween foursome Las Vegas Convention Center halls and Resorts World. This intertwine is free people to rule attendees. Once tunnels open up betwixt resorts, a fee testament live assessed per mile.

Tesla Cybertrucks

Announced earlier this month, and pending Mark Clark County approval, Tesla Cybertrucks testament before long be added to the Vegas Loop. The system’s current swift consists only when of Tesla sedans, for each one of which fits ternion passengers positive a human driver, who is necessary because Musk ne'er rolled out the self-driving software he promised while seeking funding for the project.

The new trucks testament squeeze sestet passengers into II rows of seats, plus a 7th inward forepart with the driver.

When TBC secured its $48.7M take with the Las Vegas Convention and Visitors Authority (LVCVA) in 2019, it promised to build an “express public transferral system” of self-driving shuttles that zoomed passengers at speeds of upwards to 155 mph. Renderings of the shuttles showed them carrying 18 passengers.

The LVCVA’s website currently promises only if “future vehicles capable of holding upwardly to 12 people,” shaving VI passengers off that estimate. Additionally, the cover hurrying achieved past vehicles in the current Vegas Loop is only if 40 mph, with an fair speeding of 29 mph.

Only vehicles manufactured past Tesla, another Musk company, are used past the Vegas Loop. This has prompted some critics to have-to doe with to the system as “Teslas in tunnels” or “the world’s most expensive auto advertisement.”

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