News
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.
News
Tesla takes a step towards removal of Robotaxi service’s safety drivers
Tesla watchers are speculating that the implementation of in-camera data sharing could be a step towards the removal of the Robotaxi service’s safety drivers.
Tesla appears to be preparing for the eventual removal of its Robotaxi service’s safety drivers.
This was hinted at in a recent de-compile of the Robotaxi App’s version 25.11.5, which was shared on social media platform X.
In-cabin analytics
As per Tesla software tracker @Tesla_App_iOS, the latest update to the Robotaxi app featured several improvements. These include Live Screen Sharing, as well as a feature that would allow Tesla to access video and audio inside the vehicle.
According to the software tracker, a new prompt has been added to the Robotaxi App that requests user consent for enhanced in-cabin data sharing, which comprise Cabin Camera Analytics and Sound Detection Analytics. Once accepted, Tesla would be able to retrieve video and audio data from the Robotaxi’s cabin.
Video and audio sharing
A screenshot posted by the software tracker on X showed that Cabin Camera Analytics is used to improve the intelligence of features like request support. Tesla has not explained exactly how the feature will be implemented, though this might mean that the in-cabin camera may be used to view and analyze the status of passengers when remote agents are contacted.
Sound Detection Analytics is expected to be used to improve the intelligence of features like siren recognition. This suggests that Robotaxis will always be actively listening for emergency vehicle sirens to improve how the system responds to them. Tesla, however, also maintained that data collected by Robotaxis will be anonymous. In-cabin data will not be linked to users unless they are needed for a safety event or a support request.
Tesla watchers are speculating that the implementation of in-camera data sharing could be a step towards the removal of the Robotaxi service’s safety drivers. With Tesla able to access video and audio feeds from Robotaxis, after all, users can get assistance even if they are alone in the driverless vehicle.
Investor's Corner
Mizuho keeps Tesla (TSLA) “Outperform” rating but lowers price target
As per the Mizuho analyst, upcoming changes to EV incentives in the U.S. and China could affect Tesla’s unit growth more than previously expected.
Mizuho analyst Vijay Rakesh lowered Tesla’s (NASDAQ:TSLA) price target to $475 from $485, citing potential 2026 EV subsidy cuts in the U.S. and China that could pressure deliveries. The firm maintained its Outperform rating for the electric vehicle maker, however.
As per the Mizuho analyst, upcoming changes to EV incentives in the U.S. and China could affect Tesla’s unit growth more than previously expected. The U.S. accounted for roughly 37% of Tesla’s third-quarter 2025 sales, while China represented about 34%, making both markets highly sensitive to policy shifts. Potential 50% cuts to Chinese subsidies and reduced U.S. incentives affected the firm’s outlook.
With those pressures factored in, the firm now expects Tesla to deliver 1.75 million vehicles in 2026 and 2 million in 2027, slightly below consensus estimates of 1.82 million and 2.15 million, respectively. The analyst was cautiously optimistic, as near-term pressure from subsidies is there, but the company’s long-term tech roadmap remains very compelling.
Despite the revised target, Mizuho remained optimistic on Tesla’s long-term technology roadmap. The firm highlighted three major growth drivers into 2027: the broader adoption of Full Self-Driving V14, the expansion of Tesla’s Robotaxi service, and the commercialization of Optimus, the company’s humanoid robot.
“We are lowering TSLA Ests/PT to $475 with Potential BEV headwinds in 2026E. We believe into 2026E, US (~37% of TSLA 3Q25 sales) EV subsidy cuts and China (34% of TSLA 3Q25 sales) potential 50% EV subsidy cuts could be a headwind to EV deliveries.
“We are now estimating TSLA deliveries for 2026/27E at 1.75M/2.00M (slightly below cons. 1.82M/2.15M). We see some LT drivers with FSD v14 adoption for autonomous, robotaxi launches, and humanoid robots into 2027 driving strength,” the analyst noted.
News
Tesla’s Elon Musk posts updated Robotaxi fleet ramp for Austin, TX
Musk posted his update on social media platform X.
Elon Musk says Tesla will “roughly double” its supervised Robotaxi fleet in Austin next month as riders report long wait times and limited availability across the pilot program in the Texas city. Musk posted his update on social media platform X.
The move comes as Waymo accelerates its U.S. expansion with its fully driverless freeway service, intensifying competition in autonomous mobility.
Tesla to increase Austin Robotaxi fleet size
Tesla’s Robotaxi service in Austin continues to operate under supervised conditions, requiring a safety monitor in the front seat even as the company seeks regulatory approval to begin testing without human oversight. The current fleet is estimated at about 30 vehicles, StockTwists noted, and Musk’s commitment to doubling that figure follows widespread rider complaints about limited access and “High Service Demand” notifications.
Influencers and early users of the Robotaxi service have observed repeated failures to secure a ride during peak times, highlighting a supply bottleneck in one of Tesla’s most visible autonomy pilots. The expansion aims to provide more consistent availability as the company scales and gathers more real-world driving data, an advantage analysts often cite as a differentiator versus rivals.
Broader rollout plans
Tesla’s Robotaxi service has so far only been rolled out to Austin and the Bay Area, though reports have indicated that the electric vehicle maker is putting in a lot of effort to expand the service to other cities across the United States. Waymo, the Robotaxi service’s biggest competitor, has ramped its service to areas like the San Francisco Bay Area, Los Angeles, and Phoenix.
Analysts continue to highlight Tesla’s long-term autonomy potential due to its global fleet size, vertically integrated design, and immense real-world data. ARK Invest has maintained that Tesla Robotaxis could represent up to 90% of the company’s enterprise value by 2029. BTIG analysts, on the other hand, added that upcoming Full Self-Driving upgrades will enhance reasoning, particularly parking decisions, while Tesla pushes toward expansions in Austin, the Bay Area, and potentially 8 to 10 metro regions by the end of 2025.
Tesla takes a step towards removal of Robotaxi service’s safety drivers
Mizuho keeps Tesla (TSLA) “Outperform” rating but lowers price target
