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First videos of The Boring Company’s working LVCC Loop in action emerge
The Boring Company’s Las Vegas Convention Center Loop is now complete, and the first batch of videos of the low-cost underground transport system in action have been shared online. The videos, while brief, provide a glimpse at the potential of Elon Musk’s tunneling startup, which was created as a means to battle “soul-crushing” traffic aboveground.
The LVCC Loop serves as a good proof-of-concept for the tunneling startup, considering that the tunnels are relatively short and easy to complete. The Boring Company was able to finish and set up the Tesla-based underground transport system in less than two years, and this was despite the onset of the pandemic last year.
VEGAS LOOP SNEAK PEAK: The @boringcompany gave us a sneak peak at what’s underground at the @LVCVA #Vegas Convention Center. Take a look! #Tesla #RJNow pic.twitter.com/czngjYzunZ
— James Schaeffer (@jamesmschaeffer) April 9, 2021
So far, the LVCC Loop is capable of handling 4,400 people an hour with 62 Teslas, all of which are still operating with a human driver to maximize safety. Eventually, however, the LVCC Loop would employ autonomous Teslas and likely operate faster than the system’s current 35 mph speeds. This should allow the LVCC Loop to handle significantly more passengers per hour.
https://twitter.com/jgillanNews3LV/status/1380335343229001738?s=20
In an interview with the Las Vegas Review-Journal, Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, remarked that the LVCC Loop would eventually be using higher-capacity vehicles. Hill hinted at 16-passenger units that would eventually be rolled out for public use, though he did not disclose when the vehicles would be delivered and deployed. “It seems that during a pandemic is not the time to be increasing capacity,” he said.
Here’s the escalator ride down into Central Station of the Boring Company’s Convention Center Loop. #vegas #boringcompany #elonmusk pic.twitter.com/RS0g3AuPKO
— Mick Akers (@mickakers) April 8, 2021
The LVCC Loop currently features three stations, one near the entrance of the Las Vegas Convention Center’s Central Hall and two other aboveground stations at the two ends of the Loop. Paved ramps are in place for the Teslas to climb to the surface for aboveground loading on the Loop’s east and west sides. Details about how the system would accommodate large numbers of passengers have not been shared, though Hill mentioned that the system would use an app that would allow visitors to hail a Tesla.
Two of the three @boringcompany stations at the Convention Center Loop are above ground. To reach the underground Central Station guests must take an elevator/escalator below ground. #vegas #elonmusk #boringcompany pic.twitter.com/d9TgsJ6N7H
— Mick Akers (@mickakers) April 9, 2021
The LVCC Loop cost about $52.5 million to complete, making it relatively affordable. During the bidding process for the project, The Boring Company’s Loop system proved far cheaper than an aboveground transit system proposed by Austria-based Doppelmayr Garaventa Group, which was initially estimated to cost $215 million to complete. Despite Las Vegas Convention and Visitors Authority board member Carolyn Goodman arguing that Doppelmayr’s aboveground transit system could be brought down to $85 million, The Boring Company’s LVCC Loop was still 39% cheaper.
Watch a feature on the LVCC Loop in the video below.
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Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.
The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.
Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:
Tesla Diner opened exactly 1 year ago. Inspiring that futuristic places like this exist.
It’s our highest usage Supercharger in the world: 21.2 GWh delivered in a year, 1.6k sessions/day.
Top 10 Superchargers by energy delivered: https://t.co/9YvJ8lw696 pic.twitter.com/koB3AUJHws
— Max (@MdeZegher) July 21, 2026
On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.
Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.
Tesla makes major change at Supercharger Diner amid epic demand
Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.
Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.
Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to Bloomberg. Shares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.
Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.
However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.
S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.
Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.
At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.
Tesla’s long-standing saga regarding its door handles and a manual release has entered its latest chapter, and as a result, a big change is coming.
On Friday, the National Highway Traffic Safety Administration (NHTSA) denied Tesla’s petition that was seeking a defect investigation into roughly 180,000 Model 3 vehicles for an issue involving the emergency mechanical door release.
🚨 The NHTSA denied a petition from Tesla that would have thrown out concerns regarding its door handles.
NHTSA said Tesla’s petition did not present evidence of a safety-related defect warranting an investigation. The agency said a rulemaking process would be a better strategy. pic.twitter.com/j6PzUBM1mT
— TESLARATI (@Teslarati) July 24, 2026
NHTSA said that Tesla’s petition did not present evidence of a safety-related defect in the door handles or their emergency releases. Instead, the agency determined that it would rather solve the issue of the lack of labeling or location of emergency mechanical door releases and the federal safety rules that govern them.
Essentially, the NHTSA wants to create and enforce rules that would require automakers to make emergency door latch releases more clearly labeled in a car. Despite a Tesla having manual door releases on all four passenger doors, many people do not know they exist or how they work.
Tesla addresses door handle complaints with simple engineering fix
In recent times, Tesla has faced some criticism involving its door handles, specifically because some occupants have reported that they are unable to exit their vehicles after losing power. The door handles on a Tesla are electronically operated, but in the event that the 12V battery dies, there is a manual release that can be used.
The NHTSA only identified a single complaint involving the mechanical door releases: a 2022 Model 3 owner said the release was concealed and unlabeled after the vehicle lost power after a front-end collision. It has also already started to create a separate rulemaking process to make emergency door-egress systems more obvious.
It should be noted that all Teslas have mechanical emergency door releases, but they are placed in various locations as the vehicles have aged and been redesigned from year to year. Refer to the safety manual for your vehicle if you have any confusion about where the emergency releases are and how they work.
Tesla’s Supercharger Diner probably just secured more locations
Tesla short sellers win big after shares fall after earnings
