Elon Musk’s Boring Co. just landed its first paying customer — a contract to build a loop at the Las Vegas Convention Center.
The board of the Las Vegas Visitors and Convention Authority voted Wednesday to approve a $48.6 million contract with Musk’s tunneling company. The loop would move people across 200 acres of conference space with two tunnels for vehicles and three stations, according to the contract. The agency expects construction to begin as early as September.
The authority is spending $1.4 billion to expand and renovate the convention center and sees the LVCC Loop as the kind of technology that helps attract meeting and convention business.
“The Boring Company looks forward…
Source cnbc.com