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Key takeaways from Elon Musk’s Boring Company information session
Elon Musk provided a number of insights about The Boring Company’s Los Angeles tunneling initiatives in an information session held Thursday night at the Leo Baeck Temple. The event was led by Elon Musk and SpaceX Director Steve Davis, who was listed in the company’s recent SEC filing. Here are the key takeaways from information session.
- The Boring Co.’s tunnel boring machines are all-electric, making them 3x as powerful than conventional tunnel boring machines. Tesla batteries are used to power the machines, which eliminates the need for cabling.
- The Boring Company is aiming to drill and lay tunnel walls simultaneously while excavating dirt from the tunnel using battery-electric locomotives, which are equipped with two Model 3 motors.
- Musk and Davis also discussed the Boring Bricks, interlocking bricks made from tunneling rock. Musk noted that the Boring Bricks, which could be used for affordable housing, are better than cinder blocks. Egyptian model kits, featuring designs like the Temple of Horus, will also be sold.
The Boring Company’s bricks. [Credit: The Boring Co.]
- The Urban Loop transit — electric pods that are designed for commuters — will cost $1 per ticket. The speed of the Urban Loop will be 150 mph, and will enable travel from downtown Los Angeles to LAX airport in 8 minutes. Each pod can carry a maximum of 16 people.
- The Boring Co. tunnels will support Hyperloop technology as well. Just like the Urban Loop’s pods, Hyperloop pods will carry a maximum of 16 people. Hyperloop pods, however, will be much faster, traveling at 700 mph.
- The proof-of-concept tunnel under Sepulveda Blvd. in LA will not be used for public transportation. There will be no street closures, nor any tunneling beneath any homes or businesses. Residents won’t “see, feel, or hear” any of the startup’s activities. Utility lines will be untouched by the project as well.
Transit stations with all-electric pedestrian pods envisioned by The Boring Company
- The Boring Company will be working closely with LA Metro. Musk stated that overall, “we want to connect with and supplement transport systems” that are already in place.
- Rocket technology is being used to develop and build the Boring Co.’s tunnels, considering that a number of SpaceX engineers are working on the tunneling startup’s projects.
- Line-Storm, the company’s second tunnel boring machine, features improvements over Godot, its first TBM. According to Musk, Godot is a conventional tunnel boring machine. Line-Storm, however, is “essentially a hybrid between conventional boring machine and the Proof-Rock, which is the fully Boring Company-designed machine.” Proof-Rock will be 10-15x faster than current TBMs. Line-storm will be at least 2x faster than a conventional boring machine.
- The Boring Company will do a full Environmental Impact Report. Musk noted that the company does not “expect any issues with the EIR.” Musk, stated, however, that the EIR will likely take some time to do.
- Elon Musk teased a party before the proof-of-concept tunnel’s launch.
The Boring Company came to fruition as Elon Musk’s way of alleviating the “soul-destroying” traffic that is prevalent in America’s streets. Just before the livestream, Elon Musk and LA Metro announced that the Boring Co.’s proof-of-concept tunneling project will be going ahead as planned. A statement from LA Metro reads as follows.
“Metro leadership and CEO Phil Washington had a great meeting today with the talented staff of the Boring Company. They will coordinate with us as they move ahead with their proof-of-concept tunnel under Sepulveda Boulevard to ensure it doesn’t interfere with our Sepulveda Transit Corridor rail project. We’ll be partners moving forward.”
Watch the Boring Company’s information session in the video below.
Tesla has scheduled its Earnings Call for Q4 and Full Year 2025 for next Wednesday, January 28, at 5:30 p.m. EST, and investors are already preparing to get some answers from executives regarding a wide variety of topics.
The company accepts several questions from retail investors through the platform Say, which then allows shareholders to vote on the best questions.
Tesla does not answer anything regarding future product releases, but they are willing to shed light on current timelines, progress of certain projects, and other plans.
There are five questions that range over a variety of topics, including SpaceX, Full Self-Driving, Robotaxi, and Optimus, which are currently in the lead to be asked and potentially answered by Elon Musk and other Tesla executives:
- You once said: Loyalty deserves loyalty. Will long-term Tesla shareholders still be prioritized if SpaceX does an IPO?
- Our Take – With a lot of speculation regarding an incoming SpaceX IPO, Tesla investors, especially long-term ones, should be able to benefit from an early opportunity to purchase shares. This has been discussed endlessly over the past year, and we must be getting close to it.
- When is FSD going to be 100% unsupervised?
- Our Take – Musk said today that this is essentially a solved problem, and it could be available in the U.S. by the end of this year.
- What is the current bottleneck to increase Robotaxi deployment & personal use unsupervised FSD? The safety/performance of the most recent models or people to monitor robots, robotaxis, in-car, or remotely? Or something else?
- Our Take – The bottleneck seems to be based on data, which Musk said Tesla needs 10 billion miles of data to achieve unsupervised FSD. Once that happens, regulatory issues will be what hold things up from moving forward.
- Regarding Optimus, could you share the current number of units deployed in Tesla factories and actively performing production tasks? What specific roles or operations are they handling, and how has their integration impacted factory efficiency or output?
- Our Take – Optimus is going to have a larger role in factories moving forward, and later this year, they will have larger responsibilities.
- Can you please tie purchased FSD to our owner accounts vs. locked to the car? This will help us enjoy it in any Tesla we drive/buy and reward us for hanging in so long, some of us since 2017.
- Our Take – This is a good one and should get us some additional information on the FSD transfer plans and Subscription-only model that Tesla will adopt soon.
Tesla will have its Earnings Call on Wednesday, January 28.
Elon Musk shared an incredible detail about Tesla Cybercab’s potential efficiency, as the company has hinted in the past that it could be one of the most affordable vehicles to operate from a per-mile basis.
ARK Invest released a report recently that shed some light on the potential incremental cost per mile of various Robotaxis that will be available on the market in the coming years.
The Cybercab, which is detailed for the year 2030, has an exceptionally low cost of operation, which is something Tesla revealed when it unveiled the vehicle a year and a half ago at the “We, Robot” event in Los Angeles.
Musk said on numerous occasions that Tesla plans to hit the $0.20 cents per mile mark with the Cybercab, describing a “clear path” to achieving that figure and emphasizing it is the “full considered” cost, which would include energy, maintenance, cleaning, depreciation, and insurance.
Probably true
— Elon Musk (@elonmusk) January 22, 2026
ARK’s report showed that the Cybercab would be roughly half the cost of the Waymo 6th Gen Robotaxi in 2030, as that would come in at around $0.40 per mile all in. Cybercab, at scale, would be at $0.20.
Credit: ARK Invest
This would be a dramatic decrease in the cost of operation for Tesla, and the savings would then be passed on to customers who choose to utilize the ride-sharing service for their own transportation needs.
The U.S. average cost of new vehicle ownership is about $0.77 per mile, according to AAA. Meanwhile, Uber and Lyft rideshares often cost between $1 and $4 per mile, while Waymo can cost between $0.60 and $1 or more per mile, according to some estimates.
Tesla’s engineering has been the true driver of these cost efficiencies, and its focus on creating a vehicle that is as cost-effective to operate as possible is truly going to pay off as the vehicle begins to scale. Tesla wants to get the Cybercab to about 5.5-6 miles per kWh, which has been discussed with prototypes.
Additionally, fewer parts due to the umboxed manufacturing process, a lower initial cost, and eliminating the need to pay humans for their labor would also contribute to a cheaper operational cost overall. While aspirational, all of the ingredients for this to be a real goal are there.
It may take some time as Tesla needs to hammer the manufacturing processes, and Musk has said there will be growing pains early. This week, he said regarding the early production efforts:
“…initial production is always very slow and follows an S-curve. The speed of production ramp is inversely proportionate to how many new parts and steps there are. For Cybercab and Optimus, almost everything is new, so the early production rate will be agonizingly slow, but eventually end up being insanely fast.”
Elon Musk
Elon Musk to attend 2026 World Economic Forum at Davos
The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink.
Elon Musk is poised to attend the 2026 World Economic Forum in Davos. The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink, signaling a thaw in Musk’s long-strained relationship with the event.
A late addition
Organizers of the World Economic Forum confirmed that Elon Musk was added shortly before the event to a Thursday afternoon session, where he was scheduled to speak with Fink, as noted in a Bloomberg News report. Musk’s upcoming appearance marks Musk’s first participation in the forum, which annually draws political leaders, business executives, and global media to Davos, Switzerland.
Musk’s attendance represents a departure from his past stance toward the event. He had been invited in prior years but declined to attend, including in 2024. His upcoming appearance followed remarks from his political ally, Donald Trump, who addressed the forum earlier in the week with a wide-ranging speech.
A previously strained relationship
Musk had frequently criticized the World Economic Forum in the past, describing it as elitist and questioning its influence. In earlier posts, he characterized the gathering as “boring” and accused it of functioning like an unelected global authority. Those remarks contributed to a long-running distance between Musk and WEF organizers.
The forum previously said Musk had not been invited since 2015, though that position has since shifted. Organizers indicated last year that Musk was welcome amid heightened interest in his political and business activities, including his involvement in the Trump administration’s Department of Government Efficiency (DOGE). Musk later stepped away from that role.
Despite his friction with the World Economic Forum, Musk has remained central to several global events, from SpaceX’s provision of satellite internet services in geopolitically sensitive regions through Starlink to the growing use of xAI’s Grok in U.S. government applications.
Tesla Earnings Call: Top 5 questions investors are asking
Elon Musk shares incredible detail about Tesla Cybercab efficiency
