Elon Musk is an innovator and problem solver.
Need to send money? How about founding a company that leads to PayPal (PYPL). Need to help solve the climate issue in the world? Now we have the Tesla (TSLA). How about finding a way to make rockets reusable and reduce space-related costs? He has SpaceX – to be fair, Amazon (AMZN) Jeff Bezos has the Blue Origin.
Still, it is clear that Musk is one of the brightest thinkers of this century and that most of Tesla's bears will readily admit, even if they believe he is financially reckless.
Now if there was a way to solve the persistent traffic problem of Los Angeles …
Oh, wait, there's The Boring Company.
For those who tried to run to a Costco (COST) in Los Angeles or heaven forbid a Whole Foods during Thanksgiving, the traffic fight is too real. With a residency and SpaceX located in Los Angeles, Musk had had enough: he wanted to solve the traffic problems.
What apparently started as a joke became a really ambitious project as his company literally rocked tunnels under the city. The goal is to create a network of tunnels that function as direct high-speed connections between various locations. As such, the company is working on several tunnel projects in LA, and has projects lined up in Chicago (from downtown to the airport) and in Baltimore / Washington DC.
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So what does this have to do with our homes and more specifically with The boring boring garage company? Earlier this year, The Boring Company bought a property for $ 485,000 in a neighborhood near the SpaceX headquarters. The goal is to build a "spur" out of your test tunnel for the property that leads to a 45 foot elevator shaft that goes right up to the property.
There are provisions in the permit that do not allow The Boring Company to be very detrimental to current residents. Among other restrictions, this includes a six-foot brick fence around the property and an enclosed space to which the barrel carries.
Some people wonder if The Boring Company plans to walk through neighborhoods and enter people's garages in the not-too-distant future. IS at that the future of transportation?
While some Musk enthusiasts would welcome such development, there would be many opponents for such an action. But do not be afraid, The Boring Company said that this is a proof of concept more than anything else. In other words, the company is simply working on different solutions, seeking to create several innovative responses to a persistent problem. In this case, he wants to prove that operating in tight urban spaces is indeed a possibility.
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