News
Musk outlines cost-cutting plan for Boring Co: cheaper, faster tunnel digging
One of the large reveals made by Tesla and SpaceX Chief Elon Musk at TED2017 was his plan to create a multi-layer high-speed tunnel infrastructure to support mobility by way of electric skates and Hyperloop tubes.
A key point that he drove home for the underground tunnel network was the integration of the system into cities.
“You have to be able to integrate the entrance and exit of the tunnel seamlessly into the fabric of the city. So, by having an elevator, sort of a car skate that is on an elevator, you can integrate the entrance and exits to the tunnel network just by using 2 parking spaces.”
Musk shared a video demonstrating how skate elevators would be integrated into city streets where they await vehicles looking to be transported through the underground labyrinth of tunnels. The serial tech entrepreneur envisions loading docks wherein vehicles would simply pull into the skate, get lowered into the tunnel network, and be sent along a slot car-like track at speeds of 200 km/h ( 124 mph). The Boring Company’s tunnel network won’t simply alleviate surface congestion, it will completely transform the way we move cars, people and freight, says Musk.
It is worth noting that The Boring Company and Tesla are under control of Musk, while the Hyperloop project has been open sourced, but with support from SpaceX.
Eliminating human drivers allows the skates to move at much faster speeds than human-controlled vehicles. Fixed routes within the tunnel network further improve safety beyond the dynamic nature of human-determined driving routes. The tunnel network is also infinitely scalable. “You can alleviate any arbitrary level of open congestion with a 3D tunnel network.” and that “There’s no real limit to how many levels of tunnels you can have.”, says Musk from TED2017.
The key barrier to creating tunnels today is the exorbitant cost. The recent 2.5 mile expansion to the Los Angeles subway system came at a cost of nearly $1 billion per mile. Musk and team at the Boring Company hope to cut the cost of tunneling by a significant amount by streamlining the tunneling process and reinventing the machines that help facilitate the digging.
https://www.youtube.com/watch?v=u5V_VzRrSBI
Building Tunnels For Less
First, the team is looking to cut the diameter of the tunnels they dig, moving from the traditional tunnel diameter for passenger vehicles of 26 to 28-feet to a 12-foot standard diameter which would be sufficient for the Tesla skate. On the surface, this might not seem like a lot, but cutting the diameter by 50% cuts the cross sectional area by a factor of four. This is significant as the speed and cost of tunneling is largely driven by the amount of cross sectional area to dig. Being able to cut out 75% of the time associated with digging comes with enormous cost savings.
Second, the team plans to attack head-on the way tunneling machines currently dig. Traditional machines dig, slowly and incrementally, then stop to install reinforcements to support the newly exposed earthen walls. Musk and team are working to install the reinforcements continuously thus eliminating the need to pause operations. This integration is expected to increase the speed of the overall process by as much as 50%.

The Boring Company tunneling machine spotted in front of SpaceX in April, 2017
Finally, the team believes that current digging machines are nowhere near their power and thermal limits, and is looking to ‘jack up the power’ to the digging machines. Doing this, the team hopes to increase the speed by a factor of 4 or 5 on top of the other improvements being suggested by Musk.
Musk also revealed that The Boring Company has a pet snail named Gary who can currently travel at 14 times the speed of existing tunneling machines. While this is more a testament about how slow the boring process is than the amazing speed of Gary, it is a fun target for the team, to be able to build tunnels quicker than Gary can crawl, and continues the comedic spin on the new company.
These tunnels could be kept at or near a vacuum to reduce or eliminate air resistance for all the moving objects within it. Curiously, Musk shared that,
“To withstand the water table, you have to design a wall to be able to withstand 5 or 6 atmospheres. To go to vacuum, you only need to be able to withstand 1 atmosphere.”
It is clear that Musk is very excited about this new Boring Company. He indicated during his sit down at TED2017 that he spends 2-3% of his time on the project, noting that it’s essentially being run as not much more than an intern project with a used boring machine and a few people dedicating partial effort to it.
Lifestyle
NTSB findings on fatal Tesla crash tell a very different story
The NTSB confirmed the driver, not Tesla’s FSD, caused the fatal Texas house crash.
The National Transportation Safety Board released preliminary findings Wednesday confirming that a Tesla driver, not the vehicle’s software, caused a fatal crash in Katy, Texas in June. The driver, 44-year-old Michael Butler, had engaged Full Self-Driving Supervised mode on Rose Hollow Lane, a residential street with a 30 mph speed limit, before manually overriding the system by pressing the accelerator pedal all the way to 100%. Data recovered from the 2025 Tesla Model 3 showed the vehicle was traveling over 70 miles per hour when it struck a home and killed 76-year-old Martha Avila, who was inside. Weather was clear, the road was dry, and it was daylight.
Texas man charged in fatal Tesla crash where he blamed Autopilot
Butler told authorities he had passed out at the wheel. But security camera footage obtained by the NTSB told a different story, and showed the car accelerating through an intersection before leaving the road entirely. Police also found that Butler’s phone had Google searches including the terms “Tesla FSD not aggressive enough 2026” and “Tesla FSD too timid,” raising serious questions about how he was using the system before the crash. Butler has since been charged with manslaughter. The victim’s family has filed a lawsuit against both Butler and Tesla, alleging negligence.
The NTSB findings aligned directly with what Tesla VP of AI Software Ashok Elluswamy had already stated publicly on X in the weeks after the crash, writing that “the driver manually overrode self-driving by pressing the accelerator all the way to 100%.” The data confirmed his account.
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Investor's Corner
Lucid CEO dispels any rumors of bankruptcy: ‘So far from the facts’
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
News
Tesla responds to strange Supercharging pricing error with classy move
Tesla has once again demonstrated strong customer focus by swiftly addressing and fully refunding a bizarre Supercharger pricing glitch that affected drivers in Atlantic Canada.
The issue surfaced earlier this month when the Tesla app began displaying dramatically inflated per-minute charging rates at stations in Prince Edward Island and parts of New Brunswick.
One widely shared screenshot from a Charlottetown, PEI Supercharger showed rates reaching ridiculous levels: $6.00 per minute for the 180-250 kW tier, along with $3.57/min for 100-180 kW and $2.29/min for 60-100 kW.
Correct pricing will be going live at midnight tonight. All fees since July 2nd 2026 will be waived.
— Tesla Charging (@TeslaCharging) July 13, 2026
These figures were several times higher than normal Supercharger pricing in the region.
To put the error in perspective, charging at the highest incorrect rate would have been shockingly expensive.
At 250 kW, a common charging speed at Superchargers, a vehicle pulls roughly 4.17 kWh per minute. Under the glitch, a driver spending just 10 minutes at peak power would face a $60 bill. A typical 20- to 30-minute session to add meaningful range could have cost $120 to $180 or more, before any congestion fees.
Tesla gets another layer of gamification with Free Supercharging on the line
By comparison, standard Canadian Supercharger rates usually fall between $0.25 and $0.60 per kWh, making a similar session cost roughly $15–$40. The erroneous per-minute structure, combined with the inflated numbers, turned what should be a convenient stop into a potential financial shock.
The glitch appears to have started sometime around early July, and quickly drew attention on social media as owners questioned whether Tesla had implemented steep hidden increases. Some drivers even reported seeing $0 charges in their history, indicating broader billing confusion.
Tesla’s official Charging account on X stated that correct pricing would roll out at midnight on July 13, so the fix is already in effect. More importantly, the company announced it would waive all fees for every Supercharger session since July 2. This blanket waiver covers the entire affected period without requiring users to file individual claims, with automated refunds expected soon. The decision affects stations in PEI and nearby areas in New Brunswick and Nova Scotia.
It’s a classy move, and rather than issuing partial credits or forcing owners to submit support tickets, Tesla simply absorbed the cost of the system error and made drivers whole. In an industry where hidden fees and bill disputes are common, Tesla’s proactive, no-questions-asked approach reinforces owner trust and highlights the company’s commitment to service excellence.
The incident, while disruptive for a short time, ultimately showcases Tesla’s ability to own mistakes and prioritize customer satisfaction. Atlantic Canada Tesla owners can now charge with confidence again, knowing the company has their back when technology glitches occur.
In an era of complex EV billing, such transparency and generosity are refreshing and set a positive example for the industry.