News
The Boring Company’s Las Vegas transport tunnel meets skepticism from Monorail officials
The Boring Company’s Las Vegas tunnel project is no stranger to struggle, and it appears that trend continues even after the company won its current contract with the city. Las Vegas Monorail officials recently voiced concerns over the engineering safety in areas where the two systems will intersect underground and lobbied for more oversight of the Elon Musk-led venture. Despite Boring’s objections, the Winchester Town Board which oversees the new tunnel project agreed to require regular coordination between The Boring Company, the Monorail officials, and Las Vegas’s Public Works department.
“The proposed underground people mover system intersects our existing system route, and it appears the presented tunnel alignment interferes with our existing columns for the Las Vegas Monorail system and creates significant concern regarding both vertical and lateral loads,” Curtis Myles, CEO of the Las Vegas Monorail, claimed in a letter to Clark County planning officials in June.
“When you have columns that would be this close, you’re not just concerned about contact with the columns, you’re also concerned about vibration,” a lawyer representing the Monorail clarified later. “The record has to be absolutely clear, if there’s any damage at all to the columns, it will shut the Monorail down.”


Jane Labanowski, The Boring Company’s government relations executive, objected to Myles’s concerns. “Noise and vibration [from tunneling] are imperceptible at the surface. We design our process to be deep enough underground such that a person walking [on the surface] creates more vibration than our tunnel-boring machine underground.”
The chairperson of the Winchester Town Board cited precautionary reasons for the new coordination requirements. “That way we all have a point of reference to go back to, just in case somebody forgets or doesn’t check in with other people…All of a sudden, someone gets to be a bad actor who doesn’t mean to be,” the chairperson is quoted as saying at the Board meeting where the recent decision was made. With construction plans finally approved, The Boring Company must now pursue permits to begin digging.
The board members of the Las Vegas Convention and Visitors Authority (LCVA) approved a $48.6 million contract with The Boring Company in May this year to build a transport tunnel under the the LCVA campus. The project will comprise one pedestrian tunnel and two vehicle tunnels connecting the campus’ New Exhibit Hall to the existing North/Central Hall. Construction is expected to be completed in time for the 2021 Consumer Electronics Show (CES), and according to a contractor with oversight of the Boring project, public access will be limited to the tunnels during the CES event. “During CES it will be a little more difficult to have the public coming in and out than it would be for a [smaller] trade show,” the contractor said during the Board meeting.
To transport Las Vegas tunnel passengers, The Boring Company plans to use modified Tesla Model X and Model 3 vehicles which will carry up to 16 passengers each with both sitting and standing room. The cars will have autonomous operation, although a human driver will also be present as a safety precaution. Boring has estimated the system will be capable of transporting up to 4,400 passengers per hour.
This latest regulatory hurdle is only the latest that The Boring Company has encountered while pursuing the Las Vegas tunnel project. Earlier this year, LCVA board members Michele Fiore and Carolyn Goodman argued against the Boring Company’s project proposal, citing the startup’s inexperience and suggesting that the proposal from Austria-based Doppelmayr Garaventa Group be embraced instead. Doppelmayr’s proposal involved an above-ground transit system that would cost around $215 million to complete.
Elon Musk
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla confirmed HW3 vehicles cannot run unsupervised FSD, replacing its free upgrade promise with a discounted trade-in.
Tesla has officially confirmed that early vehicles with its Autopilot Hardware 3 (HW3) will not be capable of unsupervised Full Self-Driving, while extending a path forward for legacy owners through a discounted trade-in program. The announcement came by way of Elon Musk in today’s Tesla Q1 2026 earnings call.
🚨 Our LIVE updates on the Tesla Earnings Call will take place here in a thread 🧵
Follow along below: pic.twitter.com/hzJeBitzJU
— TESLARATI (@Teslarati) April 22, 2026
The history here matters. HW3 launched in April 2019, and Tesla sold Full Self-Driving packages to owners on the understanding that the hardware was sufficient for full autonomy. Some owners paid between $8,000 and $15,000 for FSD during that period. For years, as FSD’s AI models grew more demanding, HW3 vehicles fell progressively further behind, eventually landing on FSD v12.6 in January 2025 while AI4 vehicles moved to v13 and then v14. When Musk acknowledged in January 2025 that HW3 simply could not reach unsupervised operation, and alluded to a difficult hardware retrofit.
The near-term offering is more concrete. Tesla’s head of Autopilot Ashok Elluswamy confirmed on today’s call that a V14-lite will be coming to HW3 vehicles in late June, bringing all the V14 features currently running on AI4 hardware. That is a meaningful software update for owners who have been frozen at v12.6 for over a year, and it represents genuine effort to keep older hardware relevant. Unsupervised FSD for vehicles is now targeted for Q4 2026 at the earliest, with Musk describing it as a gradual, geography-limited rollout.
For HW3 owners, the over-the-air V14-lite update is welcomed, and the discounted trade-in path at least acknowledges an old obligation. What happens next with the trade-in pricing will define how this chapter ultimately gets written. If Tesla prices the hardware path fairly, acknowledges what early adopters are owed, and delivers V14-lite on the June timeline it committed to today, it has a real opportunity to convert one of the longest-running sore subjects among early adopters into a loyalty story.
Elon Musk
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Tesla’s Optimus factory in Texas targets 10 million robots yearly, with 5.2 million square feet under construction.
Tesla’s Q1 2026 Update Letter, released today, confirms that first generation Optimus production lines are now well underway at its Fremont, California factory, with a pilot line targeting one million robots per year to start. Of bigger note is a shared aerial image of a large piece of land adjacent to Gigafactory Texas, that Tesla has prominently labeled “Optimus factory site preparation.”
Permit documents show Tesla is seeking to add over 5.2 million square feet of new building space to the Giga Texas North Campus by the end of 2026, at an estimated construction investment of $5 billion to $10 billion. The longer term production target for that facility is 10 million Optimus units per year. Giga Texas already sits on 2,500 acres with over 10 million square feet of existing factory floor, and the North Campus expansion is being built to support multiple projects, including the dedicated Optimus factory, the Terafab chip fabrication facility (a joint Tesla/SpaceX/xAI venture), a Cybercab test track, road infrastructure, and supporting facilities.
Texas makes strategic sense beyond the existing infrastructure. The state’s tax structure, lower labor costs relative to California, and the proximity to Tesla’s AI training cluster Cortex 1 and 2, both located at Giga Texas and now totaling over 230,000 H100 equivalent GPUs, means the Optimus software stack and the factory producing the hardware will share the same campus. Tesla’s Q1 report also confirmed completion of the AI5 chip tape out in April, the inference processor designed specifically to power Optimus units in the field.
As Teslarati reported, the Texas facility is intended to house Optimus V4 production at full scale. Musk told the World Economic Forum in January that Tesla plans to sell Optimus to the public by end of 2027 at a price between $20,000 and $30,000, stating, “I think everyone on earth is going to have one and want one.” He has previously pegged long term demand for general purpose humanoid robots at over 20 billion units globally, citing both consumer and industrial use cases.
Investor's Corner
Tesla (TSLA) Q1 2026 earnings results: beat on EPS and revenues
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a miss on vehicle deliveries for the first quarter, delivering 358,023 vehicles and building 408,386 cars during the three-month span.
As Tesla transitions more toward AI and sees itself as less of a car company, expectations for deliveries will begin to become less of a central point in the consensus of how the quarter is perceived.
Nevertheless, Tesla is leaning on its strong foundation as a car company to carry forward its AI ambitions. The first quarter is a good ground layer for the rest of the year.
Tesla Q1 2026 Earnings Results
Tesla’s Earnings Results are as follows:
- Non-GAAP EPS – $0.41 Reported vs. $0.36 Expected
- Revenues – $22.387 billion vs. $22.35 billion Expected
- Free Cash Flow – $1.444 billion
- Profit – $4.72 billion
Tesla beat analyst expectations, so it will be interesting to see how the stock responds. IN the past, we’ve seen Tesla beat analyst expectations considerably, followed by a sharp drop in stock price.
On the same token, we’ve seen Tesla miss and the stock price go up the following trading session.
Tesla will hold its Q1 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q1 2026 Earnings Call at 4:30pm CT https://t.co/pkYIaGJ32y
— Tesla (@Tesla) April 22, 2026
