

News
The Boring Company skeptics’ ‘tunnels for the rich’ argument is missing the point
The Boring Company’s Las Vegas Convention Center Loop is nearing its completion, and with it comes the emergence of Elon Musk critics arguing that the tunneling startup’s efforts are practically useless. Over the past months, the LVCC Loop has received varying degrees of skepticism and mockery that are very reminiscent of the criticisms that have been thrown at Tesla and SpaceX on a consistent basis.
A look at the comments of a video showcasing the theoretical capacity of the LVCC Loop would show this. While a good number of responses expressed some open-mindedness about the tunneling startup’s public transportation project, comments mocking the company for just building a subway or a train system are abounding. Criticism about the Loop system being “tunnels for the rich” have also been expressed.
Inasmuch as these arguments may be compelling to some, the arguments, especially those about the Loop system being a way for Elon Musk to get more money to line his pockets, do not really hold water. This argument is debunked by a simple look into Elon Musk’s other businesses, SpaceX and Tesla, and the strategy that he has employed so far.
Musk’s Strategies
Simply put, if Musk were only focused on gaining as much money as he can, SpaceX launches would not be among the cheapest in the industry. Crew Dragon flights would definitely not be as affordable as they are now. The Dragon capsule is far more modern than Russia’s Soyuz capsule but it’s less expensive in price. What does this mean? Perhaps for Musk, it’s not just about making as much money as possible.
This point is highlighted by Tesla in its Q3 earnings call, with Musk and CFO Zachary Kirkhorn emphasizing that the company’s production savings are usually passed on to customers. The prices of the Model S over the years prove this. The Model S Long Range Plus variant now costs $69,420 to start. That’s a great value for a fairly large vehicle with over 400 miles of range, tons of storage, and impressive performance, somewhat dated design notwithstanding.
The same thing is true with Teslas as a whole. Teslas are still expensive, but comparable vehicles are more expensive for what they offer. The Plaid Model S may cost about $140K, but the Taycan Turbo S, arguably the best that legacy auto has to offer, starts at about $180K. Cheaper EVs like the Hongguang MINI EV in China may be far more affordable, but they offer very little tech. GM’s MINI EV has outsold the Model 3 in China, but that’s a bare-bones electric car that doesn’t even have airbags. Ultimately, when it comes to rival vehicles with comparable specs like the Xpeng P7, Tesla’s cars like the Model 3 are still bang-for-your-buck.

Long-term Affordability
If there’s anything about products and services that Musk develops with his team, it is the fact that they are relatively cheap to maintain. SpaceX’s rockets can get refurbished at a pretty good cost, allowing the company to be even more aggressive with its launch pricing. Tesla’s cars are cheaper to maintain than comparable gas or diesel-powered vehicles. The Boring Company’s Loop systems will likely be the same way—simple and affordable to maintain.
Pair this with the fact that Musk does not seem to be focused solely on squeezing as much profit from every customer and it seems that the Loop system is bound to be quite affordable when it does get released. The Boring Company notes that rides in the Loop would be less than half of the price of a regular taxi ride. That’s a great start, and it would likely be improved even further as the tunneling startup optimizes its operations over time.
The Boring Company’s tunnels, thanks to the company’s use of smaller tunnel boring machines and all-electric people-movers, are dirt-cheap compared to traditional tunnels such as those used in subway systems. Ultimately, these tunneling innovations are where the true disruption of the Boring Company lies. The Boring Company can build tunnels faster and cheaper—and that, ultimately, is why in the case of the Las Vegas Convention Center Loop, it wouldn’t really be as smart or innovative to “just build a train.”
Elon Musk
Elon Musk’s Neuralink posts massive update with new milestone
This is the first time Neuralink has successfully implanted two patients in a single day.

Elon Musk’s Neuralink has posted a massive update with a new milestone that puts the company’s progress into perspective. Over the past few years, we have seen tremendous strides in Neuralink’s capabilities.
Now, the company has completed a new first, bringing more hope to the future of this revolutionary technology.
Neuralink’s third brain chip patient shares first video edited with BCI
Neuralink revealed in an update on Monday morning that it has officially completed two implants in a single day, with Patients 8 and 9 both receiving devices over the past weekend.
“Both participants are recovering well and in great spirits,” the company said in the short update. It did not disclose which day the surgeries were completed, but it did state explicitly that they both occurred on the same day:
We successfully completed both P8 and P9 this weekend, our first time performing two surgeries in one day. Both participants are recovering well and in great spirits. We are looking forward to supporting them on their Neuralink journey.
— Neuralink (@neuralink) July 21, 2025
Musk said that Neuralink’s capabilities could do “life-changing good for ultimately millions, maybe billions, of people.” Right now, it is being used to help combat life-altering diseases, such as ALS, also known as Lou Gehrig’s Disease, as well as cervical spinal cord injuries.
Eventually, Neuralink could resolve things like anxiety, depression, and blindness, among many other ailments.
Its Link device also received FDA recognition for speech restoration earlier this year, marking a significant bit of progress in the program as it explores ways to cure ailments of various natures.
Elon Musk
Elon Musk gives key update on plans for Tesla Diner outside of LA
More Tesla Supercharger Diners are on the way, Elon Musk says, as long as the initial one is successful.

Elon Musk has given a key update on its plans for the Tesla Supercharger Diner, as the first location in Los Angeles is set to open today, July 21.
The idea for the Supercharger Diner, which resembles a 50s-style eatery with elements of futuristic technology, is seven years in the making. Many wondered whether Tesla would expand its idea for a Supercharger restaurant outside of LA, and now we have an answer directly from Musk.
Elon Musk confirms awesome new features at Tesla Diner Supercharger
The Tesla CEO said that the company will establish these types of experiences “in major cities around the world, as well as at Supercharger sites on long distance routes.”
If our retro-futuristic diner turns out well, which I think it will, @Tesla will establish these in major cities around the world, as well as at Supercharger sites on long distance routes.
An island of good food, good vibes & entertainment, all while Supercharging! https://t.co/zmbv6GfqKf
— Elon Musk (@elonmusk) July 21, 2025
The Supercharger Diner has plenty of ways to draw in customers, and although the food and merchandise sold at the location will not be a major contributor to Tesla’s balance sheet, where investors want to see it, it could pay off in other ways.
The Diner is not exclusive to Tesla owners, so those who drive gas cars can still stop in for a burger, fries, and a shake while roaming around Los Angeles. The features of the Diner, however, do require a Tesla vehicle.
In-car ordering and movie screens syncing to the center touchscreen are two things that Tesla owners will enjoy that other drivers will not. These might be trivial, but the experience on its own could be a way that some consider buying a Tesla.
It might sound crazy that a singular diner experience would flip someone to buy a car, but it’s not the most outlandish thing we’ve ever come across.
The question is where Tesla will plan to build these Supercharger Diners. Musk has already indicated that Starbase, Texas, will be one location, which fits with one of his other companies, SpaceX.
Austin could be an ideal location, but New York, Miami, Washington D.C., Boston, and plenty of other popular metro areas within the U.S. could see their own diners in the coming years.
Investor's Corner
Tesla analyst says this stock concern is overblown while maintaining $400 PT
Tesla reported $2.763 billion in regulatory credit profits last year.

One Tesla analyst is saying that a major stock concern that has been discussed as the Trump administration aims to eliminate many financial crutches for EV and sustainable industries is overblown.
As the White House continues to put an emphasis on natural gas, coal, and other fossil fuels, investors are concerned that high-powered sustainability stocks like Tesla stand to take big hits over the coming years.
However, Piper Sandler analyst Alexander Potter believes it is just the opposite, as a new note to investors released on Monday says that the situation, especially regarding regulatory credits, is “not as bad as you think.”
Tesla stacked emissions credits in 2023, while others posted deficits
There have been many things during the Trump administration so far that have led some investors to consider divesting from Tesla altogether. Many people have shied away due to concerns over demand, as the $7,500 new EV tax credit and $4,000 used EV tax credit will bow out at the end of Q3.
The Trump White House could also do away with emissions credits, which aim to give automakers a threshold of emissions to encourage EV production and cleaner powertrains. Companies that cannot meet this threshold can buy credits from other companies, and Tesla has benefitted from this program immensely over the past few years.
As the Trump administration considers eliminating this program, investors are concerned that it could significantly impact Tesla’s balance sheet. Potter believes the issue is overblown:
“We frequently receive questions about Tesla’s regulatory credits, and for good reason: the company received ~$3.5B in ‘free money’ last year, representing roughly 100% of FY24 free cash flow. So it’s fair to ask: will recent regulatory changes threaten Tesla’s earnings outlook? In short, we think the answer is no, at least not in 2025. We think that while it’s true that the U.S. government is committed to rescinding financial support for the EV and battery industries, Tesla will still book around $3B in credits this year, followed by $2.3B in 2026. This latter figure represents a modest reduction vs. our previous expectation…in our view, there’s no need for drastic estimate revisions. Note that it’s difficult to forecast the financial impact of regulatory credits — even Tesla itself struggles with this — but the attached analysis represents an honest effort.”
Tesla’s regulatory credit profitability by year is:
- 2020: $1.58 billion
- 2021: $1.465 billion
- 2022: $1.776 billion
- 2023: $1.79 billion
- 2024: $2.763 billion
Potter and Piper Sandler maintained an ‘Overweight’ rating on the stock, and kept their $400 price target.
Tesla shares are trading at $329.63 at 11:39 a.m. on the East Coast.
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