📺 Stream EntrepreneurTV for Free 📺

Elon Musk's L.A. Tunnel Turns Teslas Into a 'Rail-Guided Train' According to Musk, its cars could drive through it at over 150 MPH.

By Richard Lawler

entrepreneur daily

This story originally appeared on Engadget

The Boring Company/Elon Musk via engadget

Tonight The Boring Company hosted a launch event for the test tunnel it successfully built in L.A. running from SpaceX's property to "O'Leary Station" at a reported cost of about $10 million. In tweets, he showed off a Model X equipped with gear that guides the car between elevators at each end of the tunnel, where it then simply drives right back onto the road. The rig itself is really just a set of wheels, and TechCrunch reports that Musk said during a media briefing that they will be available as an aftermarket add-on for $200 to $300.

Attendees have ridden the setup, with Electrek calling it "surprisingly bumpy" and CNN noting it mostly traveled at around 35 MPH. As Musk described it during his speech, it's "like a highway system underground, basically." By moving the cars along at speeds much faster than they're allowed to go on public roads with small "offramps" that bring them back to the street he suggests it could solve traffic congestion problems.

Related: The Most Successful Companies Led By Entrepreneurs

According to Musk his contraption is capable of safe travel at over 150 MPH that makes it feel like "teleporting" within the city. It also can carry more than just Teslas, of course, and Musk said it applies to any "autonomous, electric car" that you might have. While that description only really fits Tesla vehicles at this point, the idea is apparently that electric vehicles will drive themselves along the track at high speeds right along with cars "dedicated to pedestrians and cyclists."

Musk said "eventually" he expects to connect these "Loops" to Hyperloops with high-speed capsules, but left discussion of that for another time.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Money & Finance

12 Books That Self-Made Millionaires Swear By

The bookshelves of millionaires can inspire you to build your wealth. Here are 12 must-reads they recommend.

Devices

Stay Focused and Accessible with These $40 Conduction Headphones

These headphones sit on top of your ears, so you can take calls while staying tuned into your surroundings.

Starting a Business

Clinton Sparks Podcast: Founder of Chuck E. Cheese, Atari Discusses Innovation and His Advice to Young People

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Devices

Keep the Office Cool This Summer with $10 Off a Klima Thermostat

The Klima Smart Thermostat can turn your existing mini split, heat pump, or AC into a smart unit.

Green Entrepreneur®

A Deer Invasion in Hawaii Has Turned Into an Environmental Crisis—And a Sustainable Business Opportunity

How Maui Nui Venison built a for-profit harvesting business that protects the land and helps the local community.