That’s a lot of money for putting Teslas in tunnels:
Credit: ROBYN BECK/AFP via Getty Images
The Boring Company has raised a new round of funding worth $675 million, with Elon Musk’s grand plan to “solve traffic” with tunnels now valued at $5.675 billion., the company reiterated its goals and achievements so far, drawing particular attention to its “next generation” of Prufrock tunnel-boring machines .
“Unlike traditional TBMs which require upwards of a dozen or more people to operate, Prufrock is designed to be capable of operating completely remotely and autonomously via computerized systems and requires zero people in the tunnel to operate,” said the company. “The current iteration of Prufrock, called Prufrock-2, is designed to mine at up to 1 mile/week, meaning a tunnel the length of the Las Vegas strip can be completed in a month.
So far, The Boring Company has built just two operational 0.8-mile tunnels underneath the Las Vegas Convention Center, as well as 1.1-mile test tunnel in Hawthorne, California. The company has been pitching its services far and wide, and although
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