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Elon Musk’s Boring Company announces tunnel site tours for LA County students
As the Boring Company prepares to break ground for its Chicago-O’Hare high-speed transport project, the Elon Musk-founded startup announced that it would be offering tours of its tunnel site in Hawthorne, CA, to students in LA County. The tours, which could accommodate up to 30 students at a time, could be booked by contacting the Boring Company through email.
The Boring Company’s announcement of the tunnel tours was posted on the company’s official Twitter page on Tuesday. The tunneling startup noted that tours could be booked by interested faculty, or students with a faculty sponsor.
We are hosting student tours of the Hawthorne tunnel site for schools in LA County! Each tour can accommodate up to 30 students. Interested faculty (or students with a faculty sponsor!) can reach out to studenttours@boringcompany.com
— The Boring Company (@boringcompany) August 14, 2018
Offering tours for students is a clever way for the Boring Company to introduce its underground transportation concept to a new generation of commuters. The Boring Company’s high-speed tunnels, after all, have been met with reservations from parties not comfortable with the startup’s ideas. Such reservations became prevalent back in January, when the Boring Company’s representatives presented the tunneling startup’s plans to members of the Culver City local government. Some officials, such as city council member Meghan Sahli-Wells, noted during the presentation that while the company’s tunnels were compelling, the idea was “half-baked from a public perspective.”
The Boring Company’s 2.7-mile Hawthorne project has been progressing well over the past few months. Back in May, Elon Musk posted an update on his personal Instagram page announcing that the test tunnel was nearly complete, and that the project was just pending final regulatory approvals. As soon as these are complete, Musk stated that the Boring Company would start offering “free demo rides” to the public. The tunneling startup showed more signs that the Hawthorne tunnel was nearing completion last month as well, at one point showcasing a section of the tunnel fitted with multicolored lighting.
The 2.7-mile Hawthorne tunnel is a portion of the company’s 6.5-mile proof-of-concept tunnel for the LA area, which is planned to run from northeast Westchester to Brentwood, one of the most traffic-congested sections in West Los Angeles. Ultimately, the Boring Company appears to be setting the stage for its proof-of-concept tunnel, as evidenced by a recent purchase of land in West LA, which would likely become a Loop station in the future. Loop stations are small landing zones and exits where passengers can access the Boring Company’s underground tunnel system.
Traveling through the Boring Company’s tunnels would be done through the use of electric-powered pods that can hold up to 16 passengers at a time. The all-electric pods are set to be manufactured by Tesla, and are capable of reaching speeds of up to 150 mph, thanks to a design that uses eight wheels fitted on the sides of the vehicle. According to the Boring Company, the Loop system, at least in its initial run, would prioritize commuters who do not have their own vehicles.
The Boring Company might be a tunneling startup seemingly founded by Elon Musk on a whim, but the company has grown significantly since it was founded back in December 2016. Earlier this year, an SEC filing revealed that the Boring Company raised $113 million in a funding round, $100 million of which was invested by Musk himself. After winning the bid for the estimated ~$1 billion downtown Chicago-O’Hare project, Berenberg analyst Alexander Haissl also noted that the tunneling startup could be worth as much as $16 billion in the future.
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Another Tesla Model 3 variant sold out for January 2026 in China
A look at Tesla China’s order page shows that new Model 3 LR RWD orders now have an estimated delivery date of February 2026.
Another Tesla Model 3 variant in China appears to have sold out for January 2026, with the vehicle now showing an estimated delivery date of February 2026 for new orders. This bodes well for the all-electric sedan, which has maintained notable sales despite more affordable rivals like the Xiaomi SU7 and its crossover sibling, the Model Y.
Model 3 LR RWD joins February 2026 queue
A look at Tesla China’s order page for the all-electric sedan shows that new Model 3 Long Range Rear Wheel Drive orders now have an estimated delivery date of February 2026. Priced from RMB 259,500 ($36,810), the LR RWD sits as the second-lowest-priced trim in Tesla China’s four-variant Model 3 lineup. The move follows a similar delivery timeframe for the Model 3 Performance, which remains the most expensive option for the vehicle, as noted in a CNEV Post report.
The estimated delivery dates of the two remaining Model 3 variants remain unchanged for now. The base RWD version, starting at RMB 235,500, and the LR AWD variant, priced from RMB 285,500, both continue to list estimated delivery times of 4-6 weeks. Tesla China, for its part, has continued to list in-stock Model 3 vehicles and is actively encouraging buyers to select inventory units for delivery before the end of the year.
Model Y delays and policy shifts
Delivery timelines for the Model Y in China are also stretching into 2026. All customized Model Y variants now show February 2026 as their estimated delivery date, except for the entry-level version, which still lists January 2026. Tesla has been urging customers since November to prioritize purchasing inventory vehicles, a push aimed at maximizing year-end deliveries.
Timing matters for Chinese buyers due to upcoming changes in government incentives. China’s new energy vehicle purchase tax exemption will be scaled back in 2026, which means customers who take delivery next year could face higher tax costs compared to those who are able to receive vehicles before the end of the year.
As per data from the China Passenger Car Association, Tesla recorded retail sales of 73,145 vehicles in November, down 0.47% year over year. From January through November, Tesla’s retail sales in China totaled 531,855 units, a 7.37% year-over-year drop.
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Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario.
Wedbush analyst Dan Ives is doubling down on Tesla’s (NASDAQ:TSLA) long-term upside. In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario, thanks to the company’s efforts to develop and push its artificial intelligence programs.
An aggressive valuation upside
Ives, Wedbush’s global head of tech research, stated in his post that Tesla is entering a pivotal period as its autonomy and robotics ambitions move closer to commercialization. He expects Tesla’s market cap to reach $2 trillion in 2026, representing roughly 33% upside from current levels, with a bull case up to a $3 trillion market cap by year-end.
Overall, Ives noted that 2026 could become a “monster year” for TSLA. “Heading into 2026, this marks a monster year ahead for Tesla/Musk as the autonomous and robotics chapter begins. We believe Tesla hits a $2 trillion market cap in 2026 and in a bull case scenario $3 trillion by end of 2026… as the AI chapter takes hold at TSLA,” the analyst wrote.
Ives also reiterated his “Outperform” rating on TSLA stock, as well as his $600 per share price target.
Unsupervised Full-Self Driving tests
Fueling optimism is Tesla’s recent autonomous vehicle testing in Austin, Texas. Over the weekend, at least two Tesla Model Ys were spotted driving on public roads without a safety monitor or any other occupants. CEO Elon Musk later confirmed the footage of one of the vehicles on X, writing in a post that “testing is underway with no occupant in the car.”
It remains unclear whether the vehicle was supported by chase cars or remote monitoring, and Tesla has not disclosed how many vehicles are involved. That being said, Elon Musk stated a week ago that Tesla would be removing its Safety Monitors from its vehicles “within the next three weeks.” Based on the driverless vehicles’ sightings so far, it appears that Musk’s estimate may be right on the mark, at least for now.
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Production-ready Tesla Cybercab hits showroom floor in San Jose
Tesla has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements.
Tesla has showcased what appears to be a near-production-ready Cybercab at its Santana Row showroom in San Jose, California, giving visitors the closest look yet at the autonomous two-seater’s refined design.
Based on photos of the near-production-ready vehicle, the electric vehicle maker has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements, making the vehicle look more polished and seemingly more comfortable than its prototypes from last year.
Exterior and interior refinements
The updated Cybercab, whose photos were initially shared by Tesla advocate Nic Cruz Patane, now features a new frameless window design, an extended bottom splitter on the front bumper, and a slightly updated rear hatch. It also includes a production-spec front lightbar with integrated headlights, new wheel covers, and a license plate bracket.
Notably, the vehicle now has two windshield wipers instead of the prototype’s single unit, along with powered door struts, seemingly for smoother opening of its butterfly doors. Inside, the Cybercab now sports what appears to be a redesigned dash and door panels, updated carpet material, and slightly refined seat cushions with new center cupholders. Its legroom seems to have gotten slightly larger as well.
Cybercab sightings
Sightings of the updated Cybercab have been abundant in recent months. At the end of October, the Tesla AI team teased some of the autonomous two-seater’s updates after it showed a photo of the vehicle being driven through an In-N-Out drive-through by employees in Halloween costumes. The photos of the Cybercab were fun, but they were significant, with longtime Tesla watchers noting that the company has a tradition of driving its prototypes through the fast food chain’s drive-throughs.
Even at the time, Tesla enthusiasts noticed that the Cybercab had received some design changes, such as segmented DRLs and headlamps, actual turn signals, and a splitter that’s a lot sharper. Larger door openings, which now seem to have been teasing the vehicle’s updated cabin, were also observed at the time.
Another Tesla Model 3 variant sold out for January 2026 in China
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
