News
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.
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
