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Elon Musk’s The Boring Co’s 2nd tunnel in Las Vegas is alive with activity

(Credit: LVCC)

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Recent reports have suggested that The Boring Company’s second tunnel for the Las Vegas Convention Center is already being built. Video feeds from the site of one of the tunnels’ upcoming stations further indicate that work is still continuing on the site.

Updates about the Boring Company’s Las Vegas tunnels have been quite scarce as of late, though the tunneling startup posted the completion of its first tunnel on its Twitter account last month. After this, the Boring Company shared an image of its new tunnel boring machine, Prufrock, being deployed on an undisclosed site.

The LVCC Loop is expected to be completed by the time CES 2021 begins next year. The system, which will be comprised of two tunnels, will be ferrying attendees and visitors to the complex. Concept images from the tunneling startup show a fleet of autonomous Tesla Model 3 picking up and dropping off passengers at designated locations.

The Boring Company’s LVCVA Station 1 as of March 18, 2020. (Credit: Las Vegas Convention Center)

The fact that the LVCC Loop is still being constructed today bodes well for the project overall. The Las Vegas loop, after all, is the Boring Company’s first project for public use, and it presents an opportunity for the tunneling startup to make its mark in the transportation industry. So far, critics of the Boring Company have used the startup’s inexperience as a critical argument. The Las Vegas Loop is key to addressing this criticism.

The Las Vegas Loop provides more opportunities for The Boring Company beyond additional experience. It could, for one, become a real-world test project for Prufrock, a boring machine that is custom designed by the tunneling startup. Much of the Boring Co.’s innovations rely on Prufrock’s effectiveness, as the machine is designed to function far quicker than traditional TBMs.

The Boring Company has three tunnel boring machines at its disposal. The first one, Godot, was used for the test tunnel in Hawthorne, CA. Godot is a traditional TBM and is thus very slow. Line-Storm, its successor, is a hybrid machine that is capable of digging tunnels a few times faster. Prufrock, a custom-designed TBM, is expected to be capable of tunneling 10 to 15 times faster than conventional boring machines like Godot.

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The Boring Company’s innovations depend on the speed of its projects. With smaller tunnels compared to the ones used on subways, the tunneling startup aims to complete projects at a fraction of the time and a fraction of the cost. To accomplish this, the Boring Company needs to figure out a way to expedite its operations, and the perfect way to accomplish this is to utilize a machine that simply outclasses the competition. Prufrock meets this criteria perfectly, and one can only hope that it gets deployed at the Las Vegas site, if not now, then in the near future.

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 Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign

The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.

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Credit: Tesla

Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands. 

The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.

The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.

Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun. 

“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website. 

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This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.

Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.

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Tesla sees sharp November rebound in China as Model Y demand surges

New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.

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Credit: Tesla China

Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October. 

New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.

Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.

The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.

This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.

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For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.

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Investor's Corner

Tesla bear gets blunt with beliefs over company valuation

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Credit: Tesla

Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.

“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Shortand was portrayed by Christian Bale.

Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”

Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation

For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.

Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.

While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.

Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.

In 2020, it launched its short position, but by October 2021, it had ditched that position.

Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.

It closed at $430.14 on Monday.

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