+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Tesla and SpaceX CEO Elon Musk offers to dig a 3.2-km tunnel under Miami for just $30 million

Feb 6, 2021, 10:14 IST
IANS
San Francisco, Tesla and SpaceX CEO Elon Musk has told Mayor of Miami city in the US that his Boring Company could dig a 3.2 km tunnel for just $30 million -- a fraction of the $1 billion cost quoted by local transit officials.
Advertisement

Musk told Mayor Francis Suarez that he could finish the job in six months which could otherwise take four years, reports The Verge.

Mayor Suarez shared the details in a video posted to Twitter.

"Musk is focused on trying to deliver a project that will have the maximum utility for our residents for the least amount of money. The order of magnitude in terms of savings is significant," he said in the video on Friday.

Digging under Miami is complex as it is built on limestone which is spongey.

Advertisement

This problem "also helped drive up the price of a tunnel under the Port of Miami, which was less than a mile but still cost around $700 million".

Musk first tweeted about wanting to tunnel under Miami on January 18.

"Cars & trucks stuck in traffic generate megatons of toxic gases & particulate, but @boringcompany road tunnels under Miami would solve traffic & be an example to the world," he posted.

"If Governor & Mayor want this done, we will do it."

The Boring Company is nearing completion of its first commercial service underneath the Las Vegas Convention Center.

Advertisement
The company is also in talks for a tunnel in San Bernardino County, California.


SEE ALSO:
Here's why you aren't being able to apply for Brookfield REIT IPO through Zerodha, Groww and other stockbroking apps
Indigo Paints joins the league of Burger King and Bector's — frenzied IPOs that fizzled out
The India stack that Bill Gates and Sundar Pichai so love is set to get much bigger – thanks to the Indian government’s new blockchain strategy
Next Article