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Boring Co. gets go-ahead for tunnel expansion to Encore at Wynn Las Vegas
The Boring Company has received an approval for a License and Maintenance Agreement from Clark County, Nevada Officials to expand its Vegas Loop to the Encore at Wynn Las Vegas. The expansion was green-lit by Officials on December 1 and will operate at the right-of-way-on East Desert Inn and Paradise Road in Las Vegas.
The intersection of E. Desert and Paradise is also the intersection of two main points of interest that are related to the Boring Company project. At the intersection, the Las Vegas Convention Center and the LVCC Monorail Station are both located. The currently dug-out tunnel is located at the LVCC, and the LVCVA, who operates the LVCC, recently purchased the rights to the Las Vegas Monorail, giving the Boring Company more leeway in where it can establish future locations for tunnels.
Another step in the Las #Vegas people mover project. Commissioners just approved a license & maintenance agreement for @boringcompany to use part of the right-of-way on Desert Inn & Paradise to build & operate tunnels connecting the Las Vegas Convention Ctr. to @EncoreLasVegas. pic.twitter.com/WykHpRHUNe
— Clark County Nevada (@ClarkCountyNV) December 1, 2020
The area of the intersection would be a great way to transport visitors from their hotels to resorts and clubs on the Strip. The intersection is located just East of the Strip and is surrounded by several chain hotels such as Residence Inn by Marriot, Courtyard by Marriot, and an Embassy Suites by Hilton.
These lodging choices provide places to sleep and perhaps some food options, but nothing compared to what is available on the Strip. The Encore at Wynn is located on the North end of the Strip and is surrounded by the Venetian, Treasure Island, the Mirage, Harrah’s, and Caesar’s Palace. All of these options provide entertainment and nightlife, as well as various dining options that will provide visitors with a full experience of what Las Vegas has to offer.
The intersection of Paradise and Desert Inn is relatively close to the Wynn, but it would require some form of transportation. This is where the Boring Co. expansion comes in. (Credit: Google Maps)
The underground tunnel that the Boring Company will eventually dig out on this route will provide a reasonable and fast mode of transportation from off-strip lodging options to the heart of the city. Inversely, traveling from the Wynn to the Convention Center will take only a few moments, so if there is an event that is being held at the LVCC, there will be quick and reliable transportation options that will move people from location to location with relative ease.
- Credit: Clark County, Nevada
- Credit: Clark County, Nevada
The Encore at Wynn becomes the second resort to be approved for the Boring Co.’s expansion of the Vegas Loop, the first being another Wynn-owned property of Resorts World.
The Boring Company expansion is far from over, though. Eventually, Elon Musk’s traffic solution company plans to have stops at nearly every major point of interest in Las Vegas, with approval for all of the locations needed. It will undoubtedly take some time to put together, but the new mode of people-moving in Las Vegas has some life, and resorts are beginning to recognize the significance of the Boring Co.’s plans. New transportation is needed in Las Vegas, and smaller, more personalized vehicles may be a great way to make public transport more appealing and could be a solution to traveling after the COVID-19 pandemic.
News
Tesla just unlocked sales to 50,000+ government agencies
It marks a significant step in expanding Tesla’s presence in the public sector, where procurement processes have traditionally slowed electric vehicle adoption.
Tesla just unlocked sales to over 50,000 government agencies by entering a new agreement with Sourcewell, a purchasing cooperative.
Tesla entered a new master purchasing agreement with Sourcewell, the largest government purchasing cooperative in the U.S. This will enable streamlined sales of its EVs to more than 50,000 U.S. public entities. Tesla entered Designated Contract 0813525-TES, and the agreement covers Model 3, Model Y, and Cybertruck, and potentially other vehicles the company could release.
It marks a significant step in expanding Tesla’s presence in the public sector, where procurement processes have traditionally slowed electric vehicle adoption.
The deal allows eligible agencies, including cities, school districts, state governments, and higher-education institutions, to purchase Tesla vehicles directly through Sourcewell without conducting their own lengthy competitive bidding or request-for-proposal (RFP) processes.
Pricing is pre-negotiated and capped, providing transparency and predictability. Agencies simply register for a Sourcewell account online or by phone and place orders under the existing contract. This cooperative model aggregates demand across thousands of members, reducing administrative costs and time while ensuring compliance with public procurement rules.
For Tesla, the agreement removes major barriers to government fleet sales. Public-sector procurement cycles often stretch 12 to 18 months due to bidding requirements and committee reviews.
Tesla buyers in the U.S. military can get $1,000 off Cybertruck purchases
By securing the master contract, Tesla gains immediate, simplified access to a massive customer base that previously faced friction in adopting EVs. The company highlighted in its announcement that the partnership will help these 50,000-plus agencies “save thousands of $$$ in operating costs for their vehicle fleet over time” through lower maintenance, energy efficiency, and the elimination of tailpipe emissions.
The initial four-year term runs through November 13, 2029, with options for up to three one-year extensions, offering long-term stability for both parties.
Sourcewell’s role is central to execution. As a cooperative purchasing organization, it negotiates and manages vendor contracts on behalf of its members, then makes them available nationwide. Participating entities contact Tesla’s dedicated fleet team or Sourcewell representatives to complete purchases, bypassing redundant paperwork.
This structure accelerates fleet electrification while maintaining fiscal accountability—agencies receive pre-vetted pricing and terms without reinventing the wheel for each vehicle order.
The partnership positions Tesla to capture a larger share of the public fleet market, where total cost of ownership often favors electric vehicles once procurement hurdles are removed.
For government buyers, it translates to faster deployment of sustainable fleets, reduced long-term expenses, and alignment with environmental mandates. As more agencies transition, the contract could contribute to broader EV infrastructure growth and taxpayer savings across the country.
Elon Musk
How much of SpaceX will Elon Musk own after IPO will surprise you
SpaceX’s IPO filing confirms Musk will maintain his voting power to make key decisions for the company.
Elon Musk will retain dominant voting control of SpaceX after it goes public, according to the company’s IPO prospectus that was filed with the SEC. The filing reveals a dual-class equity structure giving Class B shareholders 10 votes each, concentrating power with Musk and a handful of other insiders, while Class A shares sold to public investors carry one vote.
Musk holds approximately 42% of SpaceX’s equity and controls roughly 79% of its votes through super-voting shares. He will simultaneously serve as CEO, CTO, and chairman of the nine-member board after the listing. Beyond that, the filing includes provisions that may limit shareholders’ influence over board elections and legal actions, forcing disputes into arbitration and restricting where they can be brought.
The case for Musk holding this level of control is grounded in SpaceX’s actual history. The company’s most important bets, from reusable rockets to a global satellite internet constellation, were decisions that ran against conventional aerospace thinking and would likely have faced resistance from a board accountable to investor gains. Fully reusable rockets were considered economically irrational by established industry players for years. Starlink, which now generates over $4 billion in annual operating profit, was widely dismissed as financially unviable when it was proposed. The argument for concentrated founder control seems straightforward, and the decisions that built SpaceX into what it is today required someone willing to ignore consensus and absorb years of losses.
SpaceX files confidentially for IPO that will rewrite the record books
For context, Musk’s position is significantly more dominant than Zuckerberg’s at Meta. The comparison with Tesla is also worth noting. When Tesla did its IPO in 2010, it did not issue dual-class shares. Musk has only recently pushed for enhanced voting protection, proposing at least 25% control at Tesla in 2024 after selling shares to fund his Twitter acquisition left him with around 13%.
SpaceX has clearly learned from that experience and structured the IPO differently by planning to allocate up to 30% of shares to retail investors, roughly three times the typical norm for a large offering. The roadshow is expected to begin the week of June 8, with a Nasdaq listing rumored to be a $1.75 trillion valuation and a $75 billion raise.
News
Tesla bolsters App with new safety, insurance, and storage features
The Tesla Smartphone App is one of the biggest and best features and advantages owners have. Everything from moving the vehicle with Summon, to getting Navigation sent to the car, to preconditioning the cabin can be done with the Tesla App.
Tesla is bolstering its smartphone App with a series of new features to streamline operations for owners. The new additions include fixes to safety, its in-house insurance offering, and storage management for Dashcam clips.
The Tesla Smartphone App is one of the biggest and best features and advantages owners have. Everything from moving the vehicle with Summon, to getting Navigation sent to the car, to preconditioning the cabin can be done with the Tesla App.
But in classic Tesla fashion, the company is aiming to improve the offerings of the app, and it is doing so with a handful of new features. They were first discovered by Tesla App Updates.
Tesla Insurance – Safety Score 3.0
This is truly part of the Spring 2026 Update, but Tesla has now given more transparency on how FSD has saved people money on their premiums.
Tesla intertwines FSD with in-house Insurance for attractive incentive
Additionally, Tesla is now automatically awarding a Safety Score of 100 for every mile traveled on Full Self-Driving (Supervised).
Update Tracking
Updates traditionally appear on the App or on the Center Touchscreen in the car. There is nothing better than seeing that Green Arrow at the top of the screen, or opening your app and seeing that there is a Software Update available.
Now, there will be no need to manually check the app and initiate the download. Tesla is enabling a new feature that will automatically download updates for you.
Storage Management
Your USB drive can now be remotely formatted, and old Dashcam clips can be deleted straight from the phone. When you record a lot of things using the Dashcam feature, that storage fills up pretty quickly.
Now, manually deleting the Dashcam videos is easier than ever.
Trailer Light Test
This is perhaps the coolest and most crucial addition to the Tesla App, as those who tow and haul will now be able to trigger a diagnostic light sequence from the app while standing behind your trailer to ensure the brake lights work.
Verifying your trailer lights are connected properly and operating normally and as intended is normally a massive hassle.
Now, a new trigger will be available to initiate a diagnostic light sequence directly from your phone.

