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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Elon Musk

Watch Elon Musk Send a Tesla Model S Underground

By
Kirsten Korosec
Kirsten Korosec
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By
Kirsten Korosec
Kirsten Korosec
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July 26, 2017, 1:20 PM ET

Elon Musk, billionaire entrepreneur and CEO of SpaceX and Tesla, is digging into his tunnel-making business. He shared a progress report late Tuesday night via Instagram that shows a Model S on a car elevator descending underground.

The business, known as The Boring Company, was inspired by the soul-crushing traffic congestion Musk experienced in Los Angeles. The aim is to find a way cost-effectively dig networks of tunnels for vehicles and high-speed trains.

The car elevator shown in the video below would presumably be used to deliver vehicles to this theoretical network of tunnels.

https://www.instagram.com/p/BW_-mlYAMrs/

The car elevator is just the latest mini-step towards Musk’s vision of underground tunnels that could be used for cars or a futuristic transport system called hyperloop that theoretically would send people and packages, housed inside reduced-pressure tubes, long distances at super speeds.

Earlier this month, Musk tweeted he had received “verbal government approval” to build an underground tunnel to house a hyperloop line between New York to Washington DC.

About the Author
By Kirsten Korosec
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