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The Boring Company’s Vegas Loop simulation shows path to 20K+ commuters per hour
A new simulation of The Boring Company’s Las Vegas Convention Center Loop has revealed that the tunnel system has the potential to move over 20,000 people per hour. That is, at least, if the company employs its planned high-capacity AEV people-mover, which is expected to be built on the Model X and have a seating capacity of 16 passengers.
Tunneling enthusiast Phil Harrison utilized the same PTV VISSIM software he used when he ran a previous simulation to see how far a Model 3-powered Las Vegas Convention Center Loop could go if each station was limited to 100 people. Harrison included a disclaimer for his recent simulation, partly in light of comments from Boring Company skeptics, some of whom pointed out the lack of accessibility options in the Loop system, as well as the fact that the VISSIM software featured some clipping of vehicles through objects.
1/ The clipping of vehicles is due to a basic conflict resolution algorithm. Humans and indeed Autonomous Vehicles will be able to make nuanced and sophisticated decisions at conflict points while maintaining the average speeds approximated in the simulation.
— Phil Harrison (@phlhr) December 13, 2020
Following is Harrison’s disclaimer covering the parameters of his simulation:
The intent is to show what is theoretically possible to help understand the limits of the Loop system. The LVCC Loop is the first part of a Vegas-we individualized Express Mass Transit system that will allow for high-speed non-stop point-to-point travel with capacity that scales with the number of stations.
Many nuanced aspects are not able to be simulated and therefore have been approximated.
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- Unfortunately, I am not able to model accessibility options (there is no reason to doubt that the real LVCC Loop will be adhering to accessibility standards)
- The Model X vehicle is a placeholder for a rumored 16-seater AEV people-mover.
- Alightment on both sides of vehicles assumed as per station but not simulated.
- Dwell times are randomized but average 40 seconds.
- Station layout and track alignment are as per official Clark County plans.
- Actual layout of stations may differ materially from what is shown.
- Clipping of vehicles through objects is a byproduct of a simple conflict resolution algorithm. Real-life autonomous vehicles can navigate shared spaces safety at the same average speed as simulated.
Harrison shared two simulations of the LVCC Loop with its initially-planned AEV people-movers. The first simulation, which depicted the system with only pedestrian signals and no escalators, resulted in the Loop accommodating 18,650 commuters per hour. This is if the 16-passenger pods are only filled by 12 people, and if the speed of the vehicles is limited to just about 60 mph.
Once escalators are used in the LVCC Loop stations, and the pods are allowed to travel about 75 mph, the simulation was able to move an impressive 21,600 people per hour through the Boring Company’s tunnels. That’s a number already approaching mass transit levels, and not bad at all for a system that was built for just over $50 million. After all, the other company shortlisted for the Las Vegas Convention Center project, Doppelmayr, proposed an above-ground transit system that was estimated to cost $215 million.
Watch the new simulation of The Boring Company’s LVCC Loop in the video below.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
