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The Boring Company’s initial fare prices for the greater Vegas Loop are released

(Credit: The Boring Company)

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The Boring Company has released the fare prices for the Vegas Loop, and they are quite reasonable. With enough optimization, it appears that Elon Musk’s tunneling startup may indeed have a shot at disrupting and revolutionizing the public transportation sector.

The recently finished Las Vegas Convention Center Loop is only one part of a more expansive Vegas Loop being planned for Sin City. While the LVCC Loop is only designed to take passengers from one end of the Las Vegas Convention Center to the other, the Vegas Loop is designed to function more like a conventional public transport system, ferrying passengers to multiple destinations around the city.

The planned Vegas Loop system. (Credit: The Boring Company)

The Boring Company has posted its initial estimated fares per vehicle for the upcoming Vegas Loop. According to the tunneling startup’s official website, trips from McCarran Airport to the LVCC, which cover a distance of 4.9 miles, would take about 5 minutes and cost $10 per vehicle. A trip from Allegiant Stadium to the Convention Center would cost $6 per vehicle, and a trip from downtown Las Vegas to the LVCC could cost $5 per car.

As remarked by members of the r/BoringCompany subreddit, the tunneling startup’s initial Vegas Loop prices are more affordable than ride-hailing services such as Lyft. As of April 13, Lyft charges about $14.19 for the McCarran to LVCC, $10.84 for the Allegiant Stadium to LVCC, and $10.91 for the downtown Las Vegas to LVCC route. It should also be noted that trips in the Vegas Loop would likely be much faster due to the vehicles traveling underground.

The Vegas Loop’s initial fares. (Credit: The Boring Company)

For now, the Loop system uses Teslas like Model 3s to ferry passengers from one point to another. But in a recent interview with local media, Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, hinted that plans are underway to eventually upgrade the LVCC Loop to vehicles capable of transporting 16 passengers at a time. With such vehicles in place, the Vegas Loop would likely be able to accommodate passengers at capacities closer to conventional mass transport solutions.

The Loop’s potential does not only lie in its fast travel times and reasonable fares. It is also one of the most affordable in the market. During the bidding period for the Convention Center transport project, the LVCC Loop proved the most affordable, requiring only $52.5 million to complete. This made it far cheaper than another shortlisted project, an aboveground transit system from Austria-based Doppelmayr Garaventa Group that was estimated to cost $215 million to complete.

Do you have anything to share with the Teslarati Team? We’d love to hear from you, email us at tips@teslarati.com or reach out to me at maria@teslarati.com.

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Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

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Tesla rolls out most aggressive Model Y lease deal in the US yet

With the promotion in place, customers would be able to take home a Model Y at a very low cost.

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(Credit: Tesla)

Tesla has rolled out what could very well be its most aggressive promotion for Model Y leases in the United States yet. With the promotion in place, customers would be able to take home a Model Y at a very low cost.

Zero downpayment leases

The new Model Y lease promotion was initially reported on X, with industry watcher Sawyer Merritt stating that while the vehicles’ monthly payments are still similar to before, the cars can now be ordered with a $0 downpayment. 

Tesla community members noted that this promotion would cut the full payment cost of Model Y leases by several thousand dollars, though prices were still a bit better when the $7,500 federal tax credit was still in effect. Despite this, a $0 downpayment would likely be appreciated by customers, as it lowers the entry point to the Tesla ecosystem by a notable margin.

Premium freebies included

Apart from a $0 downpayment, customers of Model Y leases are also provided one free upgrade for their vehicles. These upgrades could be premium paint, such as Pearl White Multi-Coat, Deep Blue Metallic, Diamond Black, Quicksilver or Ultra Red, or 20″ Helix 2.0 Wheels. Customers could also opt for a White Interior or a Tow Hitch free of charge.

A look at Tesla’s Model Y order page shows that the promotion is available for all the Model Y Premium Rear-Wheel Drive and the Model Y Premium All-Wheel Drive. The Model Y Standard and the Model Y Performance are not eligible for the $0 downpayment or free premium upgrade promotion as of writing. 

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Tesla is looking to phase out China-made parts at US factories: report

Tesla has reportedly swapped out several China-made components already, aiming to complete the transition within the next two years.

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(Source: Tesla)

Tesla has reportedly started directing its suppliers to eliminate China-made components from vehicles built in the United States. This would make Tesla’s US-produced vehicles even more American-made.

The update was initially reported by The Wall Street Journal.

Accelerating North American sourcing

As per the WSJ report, the shift reportedly came amidst escalating tariff uncertainties between Washington and Beijing. Citing people reportedly familiar with the matter, the publication claimed that Tesla has already swapped out several China-made components, aiming to complete the transition within the next two years. The publication also claimed that Tesla has been reducing its reliance on China-based suppliers since the pandemic disrupted supply chains.

The company has quietly increased North American sourcing over the past two years as tariff concerns have intensified. If accurate, Tesla would likely end up with vehicles that are even more locally sourced than they are today. It would remain to be seen, however, if a change in suppliers for its US-made vehicles would result in price adjustments for cars like the Model 3 and Model Y.

Industry-wide reassessments

Tesla is not alone in reevaluating its dependence on China. Auto executives across the automotive industry have been in rapid-response mode amid shifting trade policies, chip supply anxiety, and concerns over rare-earth materials. Fluctuating tariffs between the United States and China during President Donald Trump’s current term have made pricing strategies quite unpredictable as well, as noted in a Reuters report. 

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General Motors this week issued a similar directive to thousands of suppliers, instructing them to remove China-origin components from their supply chains. The same is true for Stellantis, which also announced earlier this year that it was implementing several strategies to avoid tariffs that were placed by the Trump administration. 

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Tesla owners propose interesting theory about Apple CarPlay and EV tax credit

“100%. It’s needed for sales because for many prospective buyers, CarPlay is a nonnegotiable must-have. If they knew how good the Tesla UI is, they wouldn’t think they need CarPlay,” one owner said.

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Credit: Tesla Raj/YouTube

Tesla is reportedly bracing for the integration of Apple’s well-known iOS automotive platform, CarPlay, into its vehicles after the company had avoided it for years.

However, now that it’s here, owners are more than clear that they do not want it, and they have their theories about why it’s on its way. Some believe it might have to do with the EV tax credit, or rather, the loss of it.

Owners are more interested in why Tesla is doing this now, especially considering that so many have been outspoken about the fact that they would not use it in favor of the company’s user interface (UI), which is extremely well done.

After Bloomberg reported that Tesla was working on Apple CarPlay integration, the reactions immediately started pouring in. From my perspective, having used both Apple CarPlay in two previous vehicles and going to Tesla’s in-house UI in my Model Y, both platforms definitely have their advantages.

However, Tesla’s UI just works with its vehicles, as it is intuitive and well-engineered for its cars specifically. Apple CarPlay was always good, but it was buggy at times, which could be attributed to the vehicle and not the software, and not as user-friendly, but that is subjective.

Nevertheless, upon the release of Bloomberg’s report, people immediately challenged the need for it:

Some fans proposed an interesting point: What if Tesla is using CarPlay as a counter to losing the $7,500 EV tax credit? Perhaps it is an interesting way to attract customers who have not owned a Tesla before but are more interested in having a vehicle equipped with CarPlay?

“100%. It’s needed for sales because for many prospective buyers, CarPlay is a nonnegotiable must-have. If they knew how good the Tesla UI is, they wouldn’t think they need CarPlay,” one owner said.

Tesla has made a handful of moves to attract people to its cars after losing the tax credit. This could be a small but potentially mighty strategy that will pull some carbuyers to Tesla, especially now that the Apple CarPlay box is checked.

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