Tesla’s Elon Musk is now the world’s fifth richest person, while Amazon CEO Jeff Bezos added a record $ 13 billion to his net worth. FOX Business’ Susan Li with more.
Tesla CEO Elon Musk unveiled the first render of Boring Company’s Las Vegas Loop Transportation Center, an underground tunnel system designed to transport passengers from one side of the Las Vegas Convention Center to the other in less than two minutes .
“Coming soon,” Musk tweeted Wednesday.
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The render represents a transport hub with a sleek, modern design filled with Tesla driverless vehicles at the bottom of an escalator. The image shows Tesla’s Model 3 electric vehicles, which will be one of the cars used to transport passengers between locations.
(Photo courtesy of Elon Musk via Twitter)
Above the tunnel is a screen that shows passengers when their vehicles will depart based on an assigned number, while on the other side of one of the downtown walls is a Las Vegas tourism advertisement with the slogan “What Happens in Las Vegas, it just happens here. “
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According to the Las Vegas Convention and Visitors Authority, the Loop system is expected to transport up to 4,400 people per hour through the 200-acre campus of the Convention Center at speeds of up to 150 miles per hour. The underground system will use up to 62 Tesla vehicles that can accommodate up to 16 passengers at a time.
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The Convention Center will include three passenger stations, which will connect the existing 3.2 million square feet of the LVCC campus with the new expansion of the $ 980 million and 1.4 million square feet West Hall expected to be completed in December 2020 .
Musk noted that the vehicles will not look similar to the concept art that was shared in 2017 that depicts people inside a futuristic glass capsule, saying “it’s best to have people sit for the safety and speed of travel.” .
The Las Vegas Convention and Visitors Authority confirmed that the tunnels were completed in May. The $ 52.5 million project will debut in January 2021 and will be free to convention center attendees.
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