The six-year-old company has repeatedly teased cities with a pledge to “solve soul-destroying traffic,” only to pull out when confronted with the realities of building public infrastructure, according to former executives and local, state and federal government officials who have worked with Boring.
Boring has yet to make good on its most ambitious pitch: that it can design tunnel-boring machines that are so fast to operate that they will drive down costs and shake up the industry.
— The Wall Street Journal
The concerning string of incidents has led some to label Musk, now the world’s richest man, as a highly-compensated grifter. Chicago, Los Angeles, Maryland, and San Bernardino County are among the list of victims of Boring’s illusory promises, with even some of the company’s own demonstration sites becoming abandoned relics of a pursuit Musk began after losing patience with LA traffic in 2016.
Prominent financial interests keep pouring money into the entity in spite of its repeated ghosting. Several large-scale constructions are still tentatively planned. To date, its sole completed project is a 1.7-mile EV tunnel at Las Vegas Convention Center that was qualified under a local Amusement and Transportation Systems (ATS) provision, according to the Wall Street Journal.
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