News
Elon Musk’s Boring Company completes Las Vegas tunnels, still on track for 2021 target
The Boring Company’s twin tunnels for its upcoming Las Vegas Convention Center Loop have been completed. With the buildout of the people-mover system largely unaffected by the outbreak of the coronavirus, the transport tunnels are still expected to be ready for public use in time for the 2021 Consumer Electronics Show.
That is, of course, if CES still happens. The ongoing pandemic has affected multiple sectors worldwide, and it has resulted in cancellations and delays for numerous high-profile events. That being said, if CES 2021 ends up pulling through, participants can be assured that they will have a convenient way to travel from one end of the LVCC complex to another.
The progress of the twin tunnels of the LVCC Loop has been quite rapid, likely thanks to innovations that have been adopted by the Boring Company. Prior to the Las Vegas project, most of the tunneling startup’s experience lay in a test tunnel that was built in Hawthorne, CA. Las Vegas will be the site of the Boring Company’s first transport tunnel system that’s designed for public use.
The completion of the two tunnels for the Las Vegas Convention Center Loop was quite remarkable. The first tunnel was finished in February, while the second one was completed this May. With both tunnels completed, workers will now focus their efforts on completing the Loop system’s stations on either end of the tunnels, as well as an underground station in the middle of the system.
With the Loop system in place, visitors of the LVCC will be able to travel from one end of the campus to another in less than two minutes, far quicker than the usual 15-minute cross-campus walk visitors usually experience. Interestingly enough, a report from The Verge has also revealed that the Las Vegas Convention Center Loop will be free of charge.
The upcoming Loop system will initially start operations using Teslas that carry passengers from one end of the tunnels to another. Steve Hill, the CEO and president of the Las Vegas Convention and Visitors Authority, noted that these vehicles would be launched with safety drivers at first, though they will eventually be allowed to operate on their own.
“Whenever we get to the point where we know that (it’s safe to let the vehicles drive themselves), that’s when we’ll take that step. But there is not a deadline for making that happen,” Hill said.
Hill also added that ultimately, the LVCC Loop may be the first of an expansive transport tunnel system that can support locations in the Las Vegas City area. “We’ve got a growing city and growing tourism base and we need all the options that are reasonably available in order to move folks, so we think all of those different options are important to maintain. And this is just going to be one more really fun one to add to the list,” Hill said.
Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
