News
Elon Musk’s Boring Company proposes tunnel system leading to LA Dodgers Stadium
The Boring Company has unveiled a proposal to build a 3.6-mile tunnel system under Los Angeles designed to transport commuters to the Dodgers Stadium. Dubbed as the “Dugout Loop,” the tunneling startup’s project aims to transport people to the stadium in under 4 minutes.
The LA Dodgers Stadium is one of the city’s most prominent landmarks, where events such as games and concerts are held. The stadium in itself is massive, with a seating capacity of 56,000. Unfortunately for Los Angeles residents, getting to the Dodgers Stadium is nothing short of a traffic-inducing nightmare. During peak season, it is not rare to see vehicles being backed up for miles in seemingly unmoving traffic. This makes the travel time to the stadium, especially for commuters with their own cars, an unnecessarily long and aggravating affair.
This makes the LA Dugout Loop the perfect project for the Boring Company, a tunneling startup conceived by SpaceX and Tesla CEO Elon Musk due to his experiences in traffic. The Boring Company is currently involved in several projects, the most prominent of which is the downtown Chicago-O’Hare high-speed transport system, which is expected to break ground as soon as its permits are completed. A test tunnel under SpaceX’s headquarters in Hawthorne is also nearing completion.

The 3.6-mile Dugout Loop will begin at the Dodger Stadium property and run under Vin Scully Avenue and Sunset Boulevard. The Boring Company has not announced the starting point of the tunnel system, but there are currently three options being explored. All of these options — Vermont/Sunset, Vermont/Santa Monica or Vermont/Beverly — are selected specifically to be close to Metro Red Line stations.
The Los Angeles Bureau of Engineering (LABOE) has posted a document covering some of the finer details of Boring Company’s proposed project, including the design of the tunnels, how the electric pods in the Loop system will work, and the accessibility of the tunnels themselves. The document, which could be viewed in full here, notes that the Boring Company plans to use access shafts that would serve as tunnel access points for ventilation, emergency exit, and general access. These would be spaced approximately 0.5 miles apart, totaling about three to six locations located along the proposed Main Artery Tunnel alignment.
- The Boring Company’s eastern terminus configuration for the Dugout Loop. [Credit: The Boring Company]
- The Boring Company’s western terminus configuration for the Dugout Loop. [Credit: The Boring Company]
The transport pods would be stored in parking spaces, parking garages, or car racks at Loop Lift locations. Lastly, the LABOE document also mentioned that initially, commuters who wish to use the Dugout Loop would book timeslots online or on the phone in advance. Initial operations of the tunnel system would be limited to around 1,400 people, but depending on community feedback, the tunneling startup could increase ridership to about 2,800 people per event. The ability to purchase tickets for the Dugout Loop onsite is also on the table.
The Boring Company’s proposed tunnel to the Dodgers Stadium has gained the support of some of the city’s officials. In a statement to WIRED, LA Mayor Eric Garcetti described the project as a good example of the private and public sector working together.
“It’s a great example of public-private partnership. We always reimagine the future in Los Angeles. We’ve always looked for new ways to move around,” the LA mayor said.
Always exciting to see innovative ideas like the proposed Dugout Loop to @Dodgers Stadium that could help ease congestion on our roads and make our most iconic destinations more accessible to everyone. https://t.co/vleQtpUqnt
— Mayor Karen Bass (@MayorOfLA) August 16, 2018
Dodgers CFO Tucker Kain also expressed his support for the project, stating that the team is always supportive of novel ways to get fans to games in a more comfortable manner.
“We were excited when the Boring Company came to us with this project. Whether it is flying overhead in an aerial transit system or bypassing traffic through an underground tunnel, we are always looking for innovative ways to make it easier for Dodgers fans to get to a game. We are committed to working with our neighbors and fans as the project moves forward,” Kain said in a statement to ABC7.
Construction of the proposed tunnel project is estimated to take about 14 months to complete. The tunneling startup is making its proposal for the Dugout Loop available for public review from August 16 to September 17. A hearing will also be held at the Dodgers Stadium on August 28.
News
Tesla qualifies for awesome new first-time EV buyer incentive in California
Tesla is one of several automakers whose vehicles qualify for an awesome new first-time EV buyer incentive program in California.
The Golden State launched the MyFirstEV incentive program, which helps those buying an electric vehicle for the first time with a $3,500 incentive on new-inventory purchases of a Model 3 or Model Y.
First-time electric vehicle buyers in California can now get $3,500 off eligible Model 3 and Model Y new inventory vehicle purchases.
To be eligible, you must place your order on or after August 3, 2026 and take delivery while funds are still available. The incentive applies to… pic.twitter.com/yuXF00XA50
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
The incentive requires an order on or after August 3, and delivery must be taken while the program is still being funded. California has set aside $135.5 million to help strengthen its SEV market and support automotive innovation.
Incentives are offered at the point of sale, and used EVs are also available for a partial incentive of $1,750. Half of the $3,500 and $1,750 incentive amounts are covered by California, with the other half being covered by participating OEMs.
Additionally, rules apply for MSRP and how the vehicle will qualify for the incentive. Any vehicle from a non-California headquartered OEM must have an MSRP of $50,000 or less. Used vehicles must be priced at $25,000 or less and must be at least two model years older than the year of purchase.
The cars must also be purchased from manufacturers as certified pre-owned vehicles. Private dealerships are not eligible.
In total, California expects to incentivize over 73,000 ZEVs.
Participating Manufacturers
Fourteen total automakers are participating in California’s MyFirstEV program:
- Chevrolet – Launching August 2026
- Ford – Launching August 2026
- Honda – Launching September 2026
- Hyundai – Launching August 2026
- Kia – Launching August 2026
- Lexus – Launching September 2026
- Lucid – Launching August 2026
- Mitsubishi – Launching November 2026
- Nissan – Coming Soon
- Rivian – Coming Soon
- Subaru – Launching September 2026
- Tesla – Launching August 2026
- Toyota – Launching September 2026
- Volvo – Coming Soon
Investor's Corner
SpaceX to report first-ever earnings today: here’s what to expect
Elon Musk’s space exploration company, SpaceX (NASDAQ: SPCX), is set to report its earnings for the second quarter today in what will be its first-ever earnings call since going public in July.
SpaceX is trading down roughly 25 percent from its IPO. These early stock signals are usually a bit tumultuous, and considering this is the first company actively launching rockets that is available on the stock exchange, investors might have a tendency to be a bit skittish.
However, there are going to be some details that investors will hear for the first time today on the earnings call. Here’s what to look for:
Wall Street Expectations
Revenue is expected to fall somewhere around $6.8 billion, and will be heavily driven by Starlink, which is SpaceX’s widely popular satellite internet platform that has been adopted by numerous airlines, cruise ships, and other maritime operations. It is also available for consumers at home or in their cars.
Earnings Per Share (EPS) expectations fall at a net loss of $0.23 per share. Wall Street sees this as a total net loss of roughly $1.9 billion.
EBITDA is expected to come in between $2 billion and $2.1 billion.
What Investors Want to Know
Tesla uses the Say platform to help work with both retail and institutional investors to answer relevant and quality questions that address concerns or questions that they might have.
However, SpaceX is doing things differently, as the company launched its own Investor Relations website where these questions are being fielded. Just like the Tesla questions, they seem to be less focused on the operational tasks and overall progress of the company, and more novelty.
Here are the top five:
- Has the team thought about what possibilities there are with your mascot Asteroid? Whether it’s starting additional foundations for kids in its name, helping kids learn about space, etc. Kids are our future, and Asteroid would be a fun and easy way to help.
- Baby Asteroid is already making a difference through charity around the world. Could SpaceX take it even further with programs that inspire kids to explore space?
- SpaceX has some legendary vehicle names. Would you ever allow the public to name a Starship, even knowing there is a 99% chance it becomes Shipy McShipface?
- When can we expect to see more footage of the Human Landing System?
- Will Asteroid (your mascot) go to Mars?
SpaceX will report its earnings today, August 4, at 4:30 P.M. EDT.
News
Tesla Full Self-Driving insurance program with heavy discount expands
Lemonade has expanded its innovative Autonomous Car insurance program to Tennessee, giving Tesla owners in the state a substantial discount on Full Self-Driving (FSD) miles. Announced on August 3, the product offers 50 percent off every mile driven with FSD activated, positioning the digital insurer as a leader in pricing insurance around autonomous technology.
The program, marketed as Lemonade Autonomous Car insurance, uses a direct connection via Tesla’s Fleet API (with customer permission) to automatically distinguish FSD-engaged miles from manual driving. Policyholders pay a low base rate when the vehicle is stationary and a few cents per mile when moving, with the 50 percent reduction applied specifically to FSD miles.
If you’re driving a Tesla in Tennessee, FSD miles now cost 50% less to insure with Lemonade. Autonomous Car is now live in TN.https://t.co/4CDTuhyORi pic.twitter.com/QZk4LBIs6f
— Lemonade (@Lemonade_Inc) August 3, 2026
Coverage includes standard protections such as liability, collision, comprehensive, roadside assistance, and Tesla-specific benefits like access to certified repair shops and emergency crash services. Eligible vehicles require Hardware 4, as well as recent firmware.
Lemonade first unveiled the product on January 21 of this year, describing it as a first-of-its-kind offering designed for self-driving cars, starting with Tesla FSD. It began rolling out in Arizona on January 26, followed by Oregon about a month later. Subsequent expansions brought it to Indiana in early June 2026 and Colorado later that month.
Tennessee marks the fifth state.
Tesla Full Self-Driving gets outrageous insurance offer with insanely cheap rates
The discount rests on Lemonade’s strong belief in the safety of Tesla’s FSD system. The company cites Tesla’s data showing that FSD-driven miles are twice as safe as those driven manually, or associated with roughly a 50 percent crash reduction.
Lemonade Co-founder and President Shai Wininger has emphasized this distinction: “Traditional insurers treat a Tesla like any other car, and AI like any other driver. But a car that sees 360 degrees, never gets drowsy, and reacts in milliseconds can’t be compared to a human.”
He added that “Teslas driven with FSD are involved in far fewer accidents” and committed that as FSD software improves and becomes safer, Lemonade’s prices will drop further.
Tesla Full Self-Driving gets an offer to be insured for ‘almost free’
This approach leverages Lemonade’s existing pay-per-mile technology and AI-driven risk models, which analyze nuanced vehicle data including software version and sensor performance. The company expects the model to reward higher FSD usage with greater savings while supporting mixed households that include both Tesla and non-Tesla vehicles under one policy. Bundling with home, renters, or pet insurance can yield additional discounts.
As autonomous driving technology advances, Lemonade’s state-by-state expansion of usage-based pricing that directly reflects real-world safety data represents a notable shift in how insurers evaluate risk.
Tesla owners in the five available states – Arizona, Oregon, Indiana, Colorado, and now Tennessee – can obtain quotes quickly through the Lemonade app or website, potentially lowering the overall cost of ownership for vehicles equipped with advanced driver-assistance systems. Further states are expected as regulatory approvals progress.



