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Elon Musk’s Boring Company becomes frontrunner for Ontario Airport high-speed tunnel
It appears that Elon Musk’s tunneling startup, The Boring Company, is poised to secure a high-profile contract to build the Ontario Airport Loop, a high-speed transport tunnel connecting Rancho Cucamonga with the Ontario International Airport. The Boring Company’s tunnel will be a faster and more cost-effective alternative to above ground rail projects, which were previously proposed for the route.
The new Boring Co. project has received widespread support from the San Bernardino County Transportation Authority’s Board of Directors, who voted unanimously in favor of the system. As noted by The Mercury News, the Board of Directors also directed staff to postpone a $3 million study that explores other airport-rail connection options.
According to San Bernardino County Supervisor Curt Hagman, the Boring Company’s transport tunnels are a great, affordable alternative to more traditional rail systems, which take far longer to construct. Hagman was actually able to see the Boring Company’s technology in person, having visited the startup’s Hawthorne site and taken a test ride through the test tunnel.
“It gets us thinking in a new way. This is something that can be done relatively quickly and inexpensively,” he said.
The Boring Company’s Rancho Cucamonga-Ontario Airport tunnel will be 2.8 miles long. The tunnels themselves will be 14 feet in diameter and about 35 feet underground. For now, the proposal involves using electric vehicles with rubber tires traveling up to 127 mph from point to point, though plans are reportedly also underway to introduce electric vans for the transport system.
These electric vans are capable of seating up to 12 people and their luggage. The vehicles, which are being developed by Tesla, will boost the capacity of the system to about 1,200 per day, or over 10 million per year provided that they see a mass rollout. These electric vans seem very similar to the Boring Company’s mass transport units that were mentioned back when the startup was being considered for the Chicago Airport transport line.
-->The Ontario Airport Loop is expected to cost between $45-$60 million, though the project’s entire cost could reach about $75 million when the price of adding an operations center, management services, and operators’ wages is added. Yet despite this, $75 million is still a far cry from the estimated $1-$1.5 billion light rail extension that was also being considered.
The Boring Company’s Ontario Airport Loop is expected to be completed in about four years, far quicker than the 10 years that the construction of a light rail extension requires. Carrie Schindler, SBCTA director of transit and rail, explained this in a statement to local news outlets. “It is much more cost-effective. I do anticipate the need for outside funding but at a reduced level as compared to building surface projects,” the transit and rail director said.
The Boring Company may have only been around for a few years, but the tunneling startup seems to be hitting its stride with its projects. Prior to the Ontario Airport Loop, the Boring Co. has been contracted to build a Loop system for the Las Vegas Convention Center, which would allow visitors to the expansive site to travel from one end of the complex to the other in just a few minutes. The progress of the Las Vegas Loop has been quick, with the digging of both tunnels being completed recently.
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Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
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Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
