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The Boring Company’s Las Vegas Loop tunnel project is coming to life

The Boring Company's TBM cutter head and mixing chamber arrive at the Las Vegas dig site.

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The Boring Company’s upcoming Loop project at the Las Vegas Convention Center appears to be coming to life, with the first images of the startup’s dig site emerging online. Images that have emerged of the startup’s activities reveal that The Boring Company has started shipping parts of a tunnel boring machine to Las Vegas, with a TBM cutter head and mixing chamber recently arriving at the location. 

Initial pictures of The Boring Company’s activities were shared on Twitter last week, courtesy of @JamesInLasVegas. The photos depicted heavy machinery surrounding the tunneling startup’s dig site, including several cranes and what appeared to be a pile driver. An image of a tunnel boring machine’s cutter head was also posted. 

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A source familiar with the Boring Company’s current activities for the Las Vegas Convention Center Loop project recently informed Teslarati that the startup’s activities have started ramping over the past few weeks. The source, who has asked to remain anonymous, added that The Boring Company has been granted a pit permit, and thus, the startup has started the construction of a secant wall for the Loop system’s passenger station located on the east end of the LVCC’s South Hall. 

Similar to the initial Twitter posts that emerged of the ongoing project, the source also mentioned that parts of a tunnel boring machine started arriving Thursday night. First was what appeared to be a brand new cutter head, followed by a mixing chamber. Both these TBM parts were dropped off at a location that was visible from Desert Inn Blvd. 

The Boring Company’s tunnel boring machine segments arrive at the Las Vegas site.

Interestingly, the secant wall is reportedly progressing quickly, and once this is done, excavation will soon follow. Overall, the Las Vegas Convention Center Loop appears to be progressing well, though hitting Elon Musk’s goal of completing the Loop system by the end of 2019 will likely remain a challenging task. But if the company’s digging technology is up for the challenge, the Tesla and SpaceX CEO’s timetable will likely prove feasible. 

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Much of the details about The Boring Company’s tunneling plans for the Las Vegas Loop system are yet to be announced. Perhaps the biggest question right now is if the startup will be deploying its next-generation TBM for the project. The Boring Company’s Hawthorne test tunnel was built using Godot, a conventional tunnel boring machine. Elon Musk has since announced that the startup is working on two new machines, a hybrid TBM named Line-Storm, which is capable of digging around twice as fast as Godot, and Prufrock, an all-electric TBM that can dig around 10-15 times faster than a conventional tunneling machine, with very little noise and zero emissions. 

The Boring Company works on a tunnel boring machine.

Images of what appeared to be a new TBM being assembled at the tunneling startup’s lot in the vicinity of the SpaceX headquarters in Hawthorne have been captured a few months ago. With this in mind, there seems to be a good chance that The Boring Company’s Las Vegas project could utilize one of the startup’s newer machines. Perhaps The Boring Company will play it safe and deploy Godot, which has already been tried and tested at Hawthorne, or perhaps the startup could utilize Line-Storm or Prufrock to complete the project faster.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla Full Self-Driving expansion in Europe continues with new addition

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Credit: Tesla

Tesla Full Self-Driving (Supervised) has taken yet another significant step forward in Europe. On May 29, Estonia became the third European Union country to approve the advanced driver-assistance technology, following approvals in the Netherlands and Lithuania.

Tesla Europe announced the news on X, confirming the expansion has continued across the continent that, at one time, seemed to be taking its sweet old time giving any approval to the FSD suite.

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Estonia’s Transport Administration (Transpordiamet) granted the approval by recognizing the type certification issued by the Dutch vehicle authority RDW. This mutual recognition mechanism, enabled by EU regulations, allows other member states to fast-track deployment without repeating extensive local testing.

The Estonian authority noted that Tesla’s FSD had undergone rigorous evaluation on European roads for approximately 18 months before the initial Dutch approval in April 2026.

FSD Supervised remains classified as a Level 2 advanced driver-assistance system (ADAS). Drivers must maintain full attention, keep their hands on the wheel, and stay ready to intervene at any moment.

The system assists with tasks such as automatic lane changes, navigation through city streets, and responding to traffic objects, but it does not constitute full autonomy. Estonian officials emphasized this distinction, underscoring that safety responsibility lies entirely with the driver.

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The rapid progression across the Baltic region highlights Tesla’s strategic approach to European expansion. The Netherlands provided the foundational type approval in April, unlocking doors for neighboring countries.

Lithuania followed swiftly in mid-May, with rollout beginning shortly thereafter. Estonia’s decision, coming just days later, demonstrates how smaller, digitally progressive nations are accelerating adoption.

Tesla owners in Estonia can expect an over-the-air software update in the coming weeks, bringing the latest FSD capabilities to compatible vehicles

This expansion builds on Tesla’s global momentum. FSD Supervised is now available in 11 countries worldwide, including the United States, Canada, Australia, and South Korea. In Europe, the approvals signal growing regulatory confidence in Tesla’s vision-based AI approach, which relies on cameras and neural networks rather than lidar or radar-heavy alternatives used by some competitors.

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For Tesla, these European milestones are more than symbolic. They validate years of data collection and software iteration while opening new revenue streams through FSD subscriptions and purchases.

As the company continues refining its AI models with real-world miles from diverse driving environments, including Estonia’s variable winter conditions, the dataset grows richer, potentially benefiting global users.

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Elon Musk strikes down reports on SpaceX IPO rumors

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Credit: Grok

Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.

The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.

This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.

According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.

The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.

Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.

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Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.

SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.

By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.

They’ll have plenty of suitors.

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SpaceX just filed for the IPO everyone was waiting for

This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.

As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.

The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.

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Tesla’s Robotaxi dreams just took a massive step toward reality

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Credit: Tesla

Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.

On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.

The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.

This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.

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Tesla and other companies can self-certify their vehicles and tech as long as they:

  • Operate in compliance with Texas traffic laws
  • Maintain proper registration, title, and insurance
  • Use compliant automated driving systems
  • Record onboard activity and handle system failures and glitches safely.

The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.

It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.

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On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.

Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.

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These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.

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