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The Boring Company’s innovations take center stage at Hawthorne test tunnel opening event

(Photo: Tom Cross/Teslarati)

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Two years ago, Elon Musk founded a tunneling startup aimed at battling what he creatively described as “soul-destroying traffic.” Musk’s idea was simple — traffic congestion can be addressed by using underground tunnels where vehicles can travel at extremely fast speeds on electric skates. Hence, a startup aptly named The Boring Company was born.

Since then, the tunneling company has acquired a high-profile project in Chicago, developed low-cost bricks from tunneling rocks, and completed its first test tunnel. Constructed on the backyard of the SpaceX headquarters, the Boring Company’s Hawthorne test tunnel was unveiled on Tuesday in an opening party, complete with entertainment, fun activities, and a medieval watchtower overlaid with Boring Bricks.

Being smaller in diameter than traditional tunnels, The Boring Company’s projects are more cost-effective and faster to construct. Its 1.14-mile Hawthorne tunnel, for example only cost ~$10 million to build, including internal infrastructure, lighting, comms/video, safety systems, ventilation, and tracks. Conventional tunneling projects, which involve larger tunnels and traditional digging methods, could cost as much as $1 billion per mile.

Elon Musk conducted an information session to members of the press prior to the official start of the unveiling. During the meeting, Musk discussed some updates about the startup’s concepts. For one, Musk noted that The Boring Company had changed its idea of using electric skates to propel cars. Instead of using pre-made electric skates, the company is now using the vehicle as the skate itself. 

“There won’t be a skate — no more skate. The vehicle is the skate,” Musk said.

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Tesla Model X fitted with electric skates for transportation through The Boring Company’s Hawthorne test tunnel. (Photo: Tom Cross/Teslarati)

The Hawthorne test tunnel would be utilizing the Loop System, which is designed to accommodate cars and passenger pods. During the Q&A, Musk noted that the Loop is a step towards the eventual creation of Hyperloop, which utilizes pods traveling inside low-pressure tubes at speeds of up to 700 mph. “The loop is a stepping stone toward Hyperloop. Loop is for transport within a city. And Hyperloop is transport between cities,” Musk said.

Apart from referencing Hyperloop transportation, Musk further discussed other possible uses for The Boring Company’s technology. Reiterating an idea he expressed during a “fireside chat” in Los Angeles with LA Mayor Eric Garcetti, Musk noted that the Boring Co.’s tunnels could also be used for utilities such as water lines. Due to the tunnels’ construction and design, Musk stated that “If a water main breaks, it floods through the tunnel one end, and gets pumped out the other.” This would allow cities to address utility issues without much hassle.

Just like Musk’s other companies like Tesla and SpaceX, The Boring Company is in a constant process of innovation. The startup, for one, continues to design and develop its third-generation Tunnel Boring Machine. Once operational, the new TBM would be capable of digging 15 times faster than a conventional boring machine. Apart from using a fully-electric system to increase power, The Boring Machine is also designing the upcoming TBM’s cutter head to process more dirt. In yet another step away from convention, the tunneling startup is also creating reinforcement segments on site using the dirt excavated from the tunnel itself.

Musk has noted that The Boring Company’s tunneling projects are already attracting a lot of interest, stating that “we have more demand on tunnels than we can satisfy,” and that “we have people hounding us to invest nonstop.” In a flourish of classic Elon Musk humor, the Tesla and SpaceX CEO noted that “it’s kinda ridiculous how much interest we’ve had in investing in Boring Company.” Elaborating further, Steve Davis, the CEO of the Boring Company, added that the startup receives “greater than 5 and less than 20 requests per week from different municipalities and stakeholders.”

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla ownership without home charging: Here’s how it’s done

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Credit: Tesla

I bought a Tesla without having perhaps the biggest advantage of owning an electric vehicle: home charging.

People told me it could be done, others said it eliminated the purpose of owning an EV. I knew I wanted a Tesla, and I knew I could probably get away with not having access to charging at home.

I traded my ICE vehicle for a Tesla Model Y: here’s how it went

The strategy I planned to use without having home charging was pretty simple: there’s a Supercharger a few miles away, and there’s also low-level charging at my local grocery store. The Model Y also came with a Mobile Connector, so there was another way I could charge in a pinch.

There are also some distinct advantages I have over others, including the fact that I do not commute to and from work, and I’m also situated only a handful of miles from things like the store and shopping, and most of my errands can be completed without driving more than 15 miles back and forth.

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A common misconception about being reliant on Supercharging is the cost. Many believe that Supercharging is so expensive that it costs about the same as buying gas.

However, there are many workarounds for that, some of which I have used weekly to save money and increase convenience.

Here’s how I’ve made it work, and how I suggest you can too:

Charge During Off-Peak Hours as Much as Possible

The biggest tip I have for those who choose to buy an EV but do not have access to at-home charging is the advantage that is off-peak rates.

At my local Supercharger, it costs $0.47 from 8 a.m. to 10 p.m., and just $0.18 from 10 p.m. to 8 a.m.

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That means if you can wake up a little earlier or go to bed a little bit later, you’ll save nearly three times the money. This is not to say that I never charge during peak hours, but I try to save the longer charges for off-peak hours, and it’s been a huge advantage for me.

One morning recently, I was at 9 percent and I charged to 90 percent. It only cost me about $11. Charging during peak hours, that same charge would have been roughly $26.

Tesla Supercharger access has proven to be a challenge for one company

In my Bronco Sport, going from 40 miles to a full tank, roughly 400 miles, would have cost me well over $40.

It’s not so bad either. The Supercharger I use is located at a Sheetz, so I’m able to go in, grab a coffee and a breakfast sandwich, charge, watch YouTube in the car, and sometimes, I even get to enjoy a nice sunrise on the way home.

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If I have to go at night, my Fiancè and I usually use the opportunity to spend time together. We’ll run over to the Supercharger, grab snacks, and watch whatever we’re binging on Netflix (right now, it’s Narcos).

Many people said that Supercharging would cost me more than filling up my gas car. According to my Tesla app, that simply isn’t the case.

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While I have been forced to charge during peak hours at times for about a month and a half, in about fifteen charging sessions, I’ve saved about $70. Over the course of a year, that would equate to over $800.

Utilize Other Charging Solutions

Although my Charging Stats above show that I’ve only used it 1 percent of the time, I have the advantage of free charging at my grocery store.

It is a Shell Recharge EV charging station, and there are two of them at the store. I used my J1772 adapter to charge, and it charges slowly at 11.5 kW.

However, it is great if you’re doing your shopping for the week and you’re stuck at the store for an hour or two. If you have one or two of these at your grocery store, just remember to be courteous and charge until you have a reasonable amount of range.

What I’ll Do Moving Forward

One ongoing effort has been pushing my leasing office to install a few EV chargers in our neighborhood. Because we rent, we are truly at the mercy of what the leasing office will allow and what they’ll do to make the lives of EV owners easier.

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I’m hoping to continue pushing the management company to a point that will eventually get EV chargers in the neighborhood, especially while I live here and for those who will live here after we leave.

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Tesla widens rollout of new Full Self-Driving suite to more owners

Tesla started rolling out Full Self-Driving v14 nearly two weeks ago, but it was a very controlled release that made its way to only a small group of owners who are part of the EAP.

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tesla autopilot
(Credit: Tesla)

Tesla is widening its rollout of the new Full Self-Driving suite to more owners, after it had been confined to those in the Early Access Program (EAP) for a couple of weeks.

Tesla started rolling out Full Self-Driving v14 nearly two weeks ago, but it was a very controlled release that made its way to only a small group of owners who are part of the EAP.

It seemed logical to keep things tight; v14 was Tesla’s first major FSD release in a year, and it featured a handful of new features, including a new, slower driving profile known as “Sloth,” and the ability to park in an area at the destination that was designated by the driver.

There were also other improvements, including parking garage navigation, yielding for emergency vehicles, better recognition and handling for road debris, and a more refined ride experience overall. So far, it has been the best FSD suite Tesla has rolled out, capable of more than any previous release.

However, it has only been available to that small group of EAP Tesla owners. Now, it appears Tesla is starting to roll out Full Self-Driving v14 to more owners for the first time with v14.1.2:

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Tesla rolled out FSD v14.1.2 for the first time last night, introducing further refinements to the initial two v14 iterations that were made available to owners, as well as the new Mad Max Speed Profile, which offers higher speeds during travel and more lane changes.

Tesla launches ‘Mad Max’ Full Self-Driving Speed Profile, its fastest yet

The first reviews of the Mad Max Speed Profile have been raving with positivity. Owners praise its ability to handle congestion and heavy traffic, as well as its decisiveness and reduced hesitation, which other Profiles have been noted for in the past two v14 releases.

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The expansion of the FSD suite, especially with this new version, will make so many owners happy, as the release has been slow, controlled, and exclusive. Now that it is making its way to more Tesla owners, we will see more refinements and features in the coming weeks.

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Investor's Corner

Barclays lifts Tesla price target ahead of Q3 earnings amid AI momentum

Analyst Dan Levy adjusted his price target for TSLA stock from $275 to $350, while maintaining an “Equal Weight” rating for the EV maker.

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Credit: Tesla China

Barclays has raised its price target for Tesla stock (NASDAQ: TSLA), with the firm’s analysts stating that the electric vehicle maker is approaching its Q3 earnings with two contrasting “stories.” 

Analyst Dan Levy adjusted his price target for TSLA stock from $275 to $350, while maintaining an “Equal Weight” rating for the EV maker.

Tesla’s AI and autonomy narrative

Levy told investors that Tesla’s “accelerating autonomous and AI narrative,” amplified by CEO Elon Musk’s proposed compensation package, is energizing market sentiment. The analyst stated that expectations for a Q3 earnings-per-share beat are supported by improved vehicle delivery volumes and stronger-than-expected gross margins, as noted in a TipRanks report.

Tesla has been increasingly positioning itself as an AI-driven company, with Elon Musk frequently emphasizing the long-term potential of its Full Self-Driving (FSD) software and products like Optimus, both of which are heavily driven by AI. The company’s AI focus has also drawn the support of key companies like Nvidia, one of the world’s largest companies today.

Still cautious on TSLA

Despite bullish AI sentiments, Barclays maintained its caution on Tesla’s underlying business metrics. Levy described the firm’s stance as “leaning neutral to slightly negative” heading into the Q3 earnings call, citing concerns about near-term fundamentals of the electric vehicle maker.

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Barclays is not the only firm that has expressed its concerns about TSLA stock recently. As per previous reports, BNP Paribas Exane also shared an “Underperform” rating on the company due to its two biggest products, the Robotaxi and Optimus, still generating “zero sales today, yet inform ~75% of our ~$1.02 trillion price target.” BNP Paribas, however, also estimated that Tesla will have an estimated 525,000 active Robotaxis by 2030, 17 million cumulative Optimus robot deliveries by 2040, and more than 11 million FSD subscriptions by 2030.

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