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The Boring Company’s skeptics need to calm down about the LVCC Loop
The Boring Company’s Las Vegas Convention Center Loop has been completed, and as with every other project from Elon Musk, the initiative has attracted a barrage of criticism from skeptics, some of whom have ridiculed and mocked the transport tunnel system. But just like SpaceX critics who insisted that orbital rockets would never land on a drone ship in the middle of the ocean, or Tesla skeptics who insisted that the Model 3 was a lemon that no one would buy, The Boring Company’s critics may very well be missing a crucial point.
The criticisms surrounding the LVCC Loop are vast, with publications like CNET noting that the system was “disappointing” and “lame” due to its capability to only transport 4,400 people from a fleet of 62 Teslas. VICE described coverage of the LVCC Loop as the “most embarrassing news clip in American transportation history.” Tech publication Futurism argued that the LVCC Loop is “incredibly inefficient.” Even dedicated EV blogs have dismissed the project as “boring.”
And these are just from some publications. A look at the reactions from social media would show numerous users, including the usual band of Tesla and SpaceX skeptics, calling out the LVCC Loop for being yet another example of why Elon Musk is a failure. This became particularly notable after celebrity Kylie Jenner posted a short video of a trip in the Las Vegas tunnels. But amidst the frothing mouths of anti-Elon Musk individuals and those that simply disbelieve the potential of The Boring Company lies one key point—the LVCC Loop, at its current state, is not the end-all and be-all of the tunneling startup’s ambitions.
One thing that Boring Company critics typically forget is the fact that the LVCC Loop’s tunnels are incredibly cheap and quick to build. It’s rarely brought up now, but The Boring Company was one of two companies that were shortlisted for the Las Vegas Convention Center transport system. The other company was Austria-based Doppelmayr Garaventa Group, which proposed a traditional above-ground campus transit system estimated to cost $215 million to complete. The LVCC Loop was completed for $52.5 million. It’s scalable as well, with the LVCC Loop easily being expanded into the larger, more expansive Vegas Loop.
While the Las Vegas Convention Center Loop’s current iteration is a conservative version of Elon Musk’s ambitious tunnel concepts, the core of The Boring Company’s innovation is present in the project. This is because ultimately, The Boring Company’s goal is to make tunneling quicker and more efficient. In this regard, the startup was able to accomplish its goals, and that’s without using its flagship tunnel boring machine. As per previous reports, The Boring Company used Godot+, an upgraded version of its first TBM, to complete the LVCC Loop.
Kylie Jenner showing off The Boring Company tunnel in Las Vegas 👀
🔥 @elonmusk pic.twitter.com/wwN0yc9zIx
— SAINT (@saint) April 14, 2021
The Boring Company is hard at work developing Prufrock, a next-generation, all-electric tunnel boring machine that’s designed to be capable of digging 1 mile per week, or about six times faster than Godot+. Prufrock is designed to begin tunneling within 48 hours of its arrival onsite as well, making its deployments very easy and quick. Machines such as Prufrock, and the incredibly low cost of its tunnels, are The Boring Company’s true disruption.
This is incredibly impressive considering that Godot+ is no slouch. While speaking to German publication Manager Magazin, Martin Herrenknecht, the founder of Herrenknecht AG, dismissed The Boring Company, stating that Elon Musk’s TBMs were only capable of drilling 20 meters in one week. In a statement to Teslarati, an individual familiar with the matter clarified that Herrenknecht’s information was inaccurate, as Godot+ had already managed to dig over 40 meters in one day.
Perhaps the most notable factor to point out amidst the intense criticisms against the LVCC Loop is the fact that the system will most definitely not stay the way it is today. Yes, it only deploys Teslas that are still driven by human drivers for now, but that will soon improve with the use of Autopilot. Yes, the system only has a capacity of 4,400 people per hour with 62 Teslas today, but the vehicles could soon travel quicker, and larger transport pods that hold 16 people per vehicle could improve the system’s capacity. It’s just a bit hard to see these things, or even acknowledge them, if one were already under the notion that The Boring Company is fraudulent, because Elon Musk.
The Boring Company is only getting started. The LVCC Loop could also be considered as a proof of concept, and it will be expanded to other areas in Las Vegas. Improvements to the LVCC Loop, such as the deployment of more Teslas and the use of Autopilot, could also be implemented quickly. Similar tunnels could be built in Florida soon as well. And once Prufrock is deployed, and once other low-cost tunnels are constructed at speeds that have never been seen before, The Boring Company’s skeptics might very well find themselves in the same boat as those who were absolutely certain that orbital rockets could not land on an autonomous barge, or that electric vehicles are simply not feasible.
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Tesla just raised Model Y prices for the first time in two years, with the largest increase being $1,000.
The move signals shifting dynamics in the competitive electric vehicle market as the company continues to work on balancing demand, profitability, and accessibility.
The new pricing affects premium trims while leaving entry-level options unchanged. The Model Y Premium Rear-Wheel Drive (RWD) now starts at $45,990, a $1,000 increase.
The Model Y Premium All-Wheel Drive (AWD)—previously referred to in the post as simply “Model Y AWD”—rises to $49,990, also up $1,000. The top-tier Model Y Performance sees a more modest $500 bump, bringing its starting price to $57,990.
Tesla Model Y prices just went up:
New prices:
🚗 Model Y Premium RWD: $45,990 – up $1,000
🚗 Model Y AWD: $49,990 – up $1,000
🚗 Model Y Performance: $57,990 – up $500 https://t.co/e4GhQ0tj4H pic.twitter.com/TCWqr3oqiV— TESLARATI (@Teslarati) May 16, 2026
Base models remain untouched to preserve affordability. The entry-level Model Y RWD holds steady at $39,990, and the base Model Y AWD stays at $41,990. This selective approach keeps the crossover accessible for budget-conscious buyers while extracting more revenue from higher-margin configurations.
After years of aggressive price cuts to stimulate volume amid slowing EV adoption and rising competition from rivals like BYD, Ford, and GM, Tesla appears confident in underlying demand. Recent lineup refreshes for the 2026 Model Y, including refreshed styling and efficiency gains, have helped maintain its status as America’s best-selling EV.
By protecting base prices, Tesla avoids alienating price-sensitive customers while improving margins on the more popular variants.
Tesla Model Y ownership review after six months: What I love and what I don’t
For consumers, the changes are relatively modest—under 3% on affected trims—and still position the Model Y competitively against gas-powered SUVs in the same class. Federal tax credits and potential state incentives may further offset costs for eligible buyers.
This marks a subtle but notable shift from the deep discounting era that defined much of 2024 and 2025. As the EV market matures into 2026, Tesla’s pricing strategy will be closely watched for clues about production ramps, new variants like the rumored longer-wheelbase Model Y, and broader profitability goals.
In short, today’s adjustment reflects a company that remains dominant yet pragmatic—willing to test higher pricing where demand supports it. It is unlikely to deter consumers from choosing other options.
Elon Musk cannot be fired from SpaceX, and there’s a reason for that.
In a blunt post on X on Friday, Elon Musk confirmed plans to structurally shield his leadership at SpaceX, ensuring he cannot be fired while tying a potential trillion-dollar compensation package to the company’s long-term goal of establishing a self-sustaining colony on Mars.
Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!
Obviously, IF SpaceX succeeds in this absurdly difficult goal, it will be worth many orders of…
— Elon Musk (@elonmusk) May 15, 2026
The revelation stems from a Financial Times report detailing SpaceX’s intention to restructure its governance and compensation framework. The moves are designed to protect Musk’s control and align his incentives with the company’s founding mission rather than short-term financial pressures. Musk’s reply left no ambiguity:
“Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!”
He added that success in this “absurdly difficult goal” would generate value “many orders of magnitude more than the economy of Earth,” though he cautioned that the journey will not be smooth. “Don’t expect entirely smooth sailing along the way,” Musk wrote.
The strategy reflects Musk’s deep concerns about how public-market expectations could derail SpaceX’s core objective. Founded in 2002, SpaceX has repeatedly stated its purpose is to reduce the cost of space travel and ultimately make humanity a multiplanetary species.
Unlike Tesla, which went public in 2010 and has faced repeated battles over Musk’s compensation and board influence, SpaceX remains privately held. Musk has long resisted taking the rocket company public precisely to avoid the quarterly earnings treadmill that forces most CEOs to prioritize short-term stock performance over ambitious, high-risk projects.
By embedding protections against his removal and linking any outsized pay package to verifiable milestones—such as a functioning Mars colony—SpaceX aims to insulate its leadership from activist investors or board members who might demand faster profits or safer bets.
Musk has referenced past experiences, including his ouster from OpenAI and shareholder lawsuits at Tesla, as cautionary tales. In those cases, he argued, external pressures risked diluting the original vision.
Critics may view the arrangement as excessive, especially given Musk’s already substantial voting power and wealth. Supporters, however, argue it is a necessary safeguard for a company pursuing goals measured in decades rather than quarters. Achieving a Mars colony would require sustained investment in Starship development, orbital refueling, life-support systems, and in-situ resource utilization—technologies that may deliver no immediate financial return.
Musk’s post underscores a broader philosophical point: true breakthrough innovation often demands tolerance for volatility and a willingness to ignore conventional business wisdom. As SpaceX prepares for increasingly ambitious Starship test flights and eventual crewed missions, the new governance structure signals that the company’s North Star remains unchanged—humanity’s expansion beyond Earth.
Whether the trillion-dollar package materializes depends on execution, but Musk’s message is clear: SpaceX exists to reach the stars, not to chase the next earnings beat. For investors or employees who share that vision, the protections are not a perk—they are a prerequisite for success.
News
Tesla discloses two Robotaxi crashes to NHTSA
Newly unredacted data filed with the National Highway Traffic Safety Administration (NHTSA) reveals the two incidents.
Tesla has disclosed information on two low-speed crashes that occurred in Austin with its Robotaxi platform. These incidents occurred with teleoperators steering the vehicle, and there were no passengers in the car at the time they happened.
Newly unredacted data filed with the National Highway Traffic Safety Administration (NHTSA) reveals the two incidents.
The first crash took place in July 2025, shortly after Tesla launched its nascent Robotaxi network in Austin. The ADS reportedly struggled to move forward while stopped on a street. A teleoperator assumed control, gradually accelerating and turning left toward the roadside. The vehicle then mounted the curb and struck a metal fence.
In the second incident, in January 2026, the ADS was traveling straight when the safety monitor requested navigation support. The teleoperator took over from a stop, continued forward, and collided with a temporary construction barricade at approximately 9 mph, scraping the front-left fender and tire.
Tesla Robotaxi service in Austin achieves monumental new accomplishment
Tesla has previously told lawmakers that teleoperators are authorized to pilot vehicles remotely—but only at speeds below 10 mph, as the only maneuvers they were approved to perform were repositioning in awkward areas.
“This capability enables Tesla to promptly move a vehicle that may be in a compromising position, thereby mitigating the need to wait for a first responder or Tesla field representative to manually recover the vehicle,” the company stated in filings earlier this year.
Before this week, Tesla redacted the NHTSA reports, but they decided to reveal all 17 Robotaxi incidents recorded since the launch in Austin last Summer. Most of the other crashes involved the Tesla being struck by other road users and were not caused by the self-driving suite itself.
There were other incidents, including two additional self-caused accidents involving the ADS clipping side mirrors on parked cars. In September 2025, one Robotaxi struck a dog that darted into the roadway (the dog escaped unharmed), while another made an unprotected left turn into a parking lot and hit a metal chain.
Although Waymo and Zoox have reported more total crashes, Tesla operates at a far smaller scale. The cautious pace reflects the company’s broader safety concerns; it has been very slow with the Robotaxi rollout to ensure the suite is ready for operation.
Last month, CEO Elon Musk acknowledged that “making sure things are completely safe” remains the primary bottleneck to expanding the network, describing the company’s approach as “very cautious.”
The unredacted filings arrive amid heightened regulatory scrutiny of autonomous vehicles. NHTSA recently closed a separate probe into Tesla’s Full Self-Driving software repeatedly striking parking-lot obstacles such as bollards and chains—a problem that also prompted a recall at Waymo last year.
Tesla Robotaxi has been a widely successful program in its early days of operation, and the transparency Tesla brings here is greatly appreciated. Incidents will happen, of course, but the honesty gives customers and regulators a sense of where Tesla is in terms of developing its self-driving and fully autonomous ride-hailing suite.
Tesla Model Y prices just went up for the first time in two years
Elon Musk explains why he cannot be fired from SpaceX
