Details About Elon Musk's Possible 'Fallout Shelter' In SpaceX Parking Lot
There's presently a big hole in the middle of the SpaceX headquarters' parking lot in Hawthorne, California. CEO Elon Musk has already announced that it would be used to test some new digging techniques that are currently under development by his new so-called "Boring Company" in order to increase the tunneling speed and efficiency.
Musk's New Plans & About The Hole
According to Electrek, Musk has given some more details on his plan for the new company and about the first hole in Los Angeles, which he described as just the beginning of a "vast underground transportation network" intended for cars and the hyperloop.
Musk's Vision On The Future Of Transportation
Ever since the digging started during SpaceX's Hyperloop Pod Competition, a lot of people have speculated that Musk's new venture towards tunnels would have something to do with enabling the new mode of transportation, which is correct, according to Musk. Musk foresees tunnels as a primary solution towards heavy-building traffic in urban areas, as well as a way of bringing transportation into the three-dimensional world - much like buildings.
He also wants tens of tunnel levels constructed underneath cities in order to compensate for people living and working in buildings that are tens of stories tall. Musk also said that one of those levels could be utilized for the high-speed mode of transportation that he first envisioned in 2013, and that is now being conceptualized and developed by companies like Hyperloop One.
The Hole was described to be at least 15 feet deep and more than 50 feet wide; Musk plans involve going down to about 50 feet before starting to dig horizontally in order not to disrupt or disarray any gas or sewage lines. At that point, they will be able to experiment with the new digging technologies that are built on current boring machines.
A New Company For Musk
According to BGR, Musk has also confirmed that the new "Boring Company" will not be a subsidiary of Tesla nor SpaceX, but it will be its own independent company, though he did place senior SpaceX engineer Steve Davis in charge of the project.
Elon Musk Reveals First Images Of Tesla Model 3 Production Unit On Twitter
Elon Musk showed off the very first Tesla Model 3 unit on Twitter and Instagram.
Tesla Model 3 Hits Production This Week, First Car To Be Delivered This Month
The Model 3 will be priced around $35,000. Elon Musk envisions it reaching a much wider range of customers and has said he expects it to push Tesla’s output to 500,000 cars a year in 2018.
BMW Is Set To Unveil Its Tesla Model 3 Competitor In September
Elon Musk has said that the entry-level Model 3 will cost $35,000. While a BMW Series-3 vehicle can be had for as little as $33,000. That said, if BMW’s entry-level can compete with the Model 3 on features and on specs.
Elon Musk May Be Busy With Tesla And SpaceX But He Finds Time To Play His Favorite Video Games
Tesla CEO Elon Musk likes to sit back, relax and listen to music after work but he also prefers to spend some time with his favorite video games.
Tesla Outmatches BMW, Nabs World’s Fourth Most Valuable Automaker Spot
A few months after besting Ford and General Motors, Tesla has now overtaken BMW as the fourth most valuable car manufacturer in the United States.
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