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 tops American-Made Index for sixth-consecutive year
Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.
Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.
Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.
Cars.com uses five main categories to develop its rankings:
- Location(s) of final assembly
- Percentage of U.S. and Canadian parts
- Countries of origin for all available engines
- Countries of origin for all available transmissions
- U.S. manufacturing workforce
These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.
🇺🇸 The Tesla Model 3 and Tesla Model Y have been put atop the American-Made Index from https://t.co/PXZ0g1pPb6, meaning they are the most American vehicles you can possibly buy.
This is the SIXTH-STRAIGHT year a Tesla has been listed as the most American-made vehicle: pic.twitter.com/HyraOmaxSL
— TESLARATI (@Teslarati) June 23, 2026
Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.
This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.
This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.
The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.
Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.

