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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
TechElon Musk

Elon Musk’s Las Vegas tunnel project clears last major hurdle for expansion

By
Sarah McBride
Sarah McBride
and
Bloomberg
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Sarah McBride
Sarah McBride
and
Bloomberg
Bloomberg
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August 5, 2020, 7:30 PM ET

Soon, Elon Musk could be a Las Vegas transportation kingpin. On Wednesday, county officials unanimously approved designs for two additional tunnels connecting hotels with the Las Vegas Convention Center, clearing the way for Musk’s Boring Co. to expand its first commercial underground transportation system.

Approval form the Clark County commission is one of the last hurdles to a proposed expansion of a Boring Co. project burrowing underneath the convention center, which was largely finished in May but has yet to open for rides. One of the hotels connecting to the Loop, Resorts World, said it expects construction on the expansion to begin by the end of this year, Scott Sibella, president of Resorts World Las Vegas, said in an emailed statement.

In May, Musk tweeted that Boring Co. would “also connect Vegas hotels & airport.” Airport officials have held introductory conversations with the Boring Co. in recent weeks, according to Chris Jones, a spokesman for McCarran International Airport.

With the coronavirus pandemic curbing travel, including to Las Vegas, Boring Co. and its hotel partners may benefit from some extra time to get their projects ready. Boring Co. has said it’s on track to finish the Vegas convention center Loop by January, in time for the massive Consumer Electronics Show, though conference organizers said last week that the event will be held exclusively online. A Boring Co. Loop to Dodger Stadium in Los Angeles is still mired in the city’s environmental review process and missed a deadline for opening this year that had been set by the baseball team’s financial chief.

A spokesman for Boring Co. said he didn’t have more information on the hotel portion of the Las Vegas project. A spokeswomen for Wynn Resorts Ltd., owners of the other Vegas hotel that the Loop will connect, didn’t immediately respond to a request for comment. The remaining procedural steps for the expansion include building permits, a license and maintenance agreement from a county department, a spokesman for Clark County said.

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