- July 8, 2021
- Posted by: Stratford Team
- Category: Business
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Elon Musk is boring his way to the beach in Fort Lauderdale.
Local lawmakers accepted a proposal from Musk’s Boring Co. Tuesday to build an underground transit system that would whisk people from the Florida city’s downtown area to the beach in Teslas.
“Other firms have 45 days to submit competing proposals. This could be a truly innovative way to reduce traffic congestion,” Mayor Dean Trantalis wrote on Twitter.
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Dec. 1, 2020. (Getty Images)
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The project is named “The Las Olas Loop,” after the city’s beach-bound boulevard by the same name.
The Boring Co. — founded by Tesla and SpaceX leader Musk — built a similar underground loop in Las Vegas that transports passengers in Teslas between three stations in two one-way…