News
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.
News
Ferrari unveils its Luce EV, and its reception has been a disaster
Ferrari unveiled its Luce EV over the weekend, and so far, its reception has been an absolute disaster, gathering negative reactions from a wide variety of people, including former executives.
The stock even took a hit on its first day of trading following the unveiling, dropping over 7 percent at one point.
Ferrari moving to EVs from its traditional V12s and mid-engine sports cars is a massive move. It was designed by Sir Jony Ive and Marc Newsom’s LoveFrom studio, which is known for design work for tech giant Apple. “Luce” means “light” in Italian, so Ferrari drew inspiration for its name from its sleek design, characterized by a smooth, sculpted body with rounded edges.
But its reception has been far from what Ferrari expected. The overall design has drawn some harsh criticism since its reveal, and it is simply stunning that such a storied company, with a rich history of beautiful, powerful cars has revealed a design that many are not a fan of.
Ferrari unveiled its all-electric Luce over the weekend, and it has truly gotten some attention…not for the right reasons.
From an Italian legend that has built some beautiful cars in its history, this almost feels like a ploy to inevitably cancel its electric program. pic.twitter.com/rczSSb3pJx
— TESLARATI (@Teslarati) May 26, 2026
Responses to the design were widely negative, with some saying, “Enzo is rolling in his grave,” and “This looks like a Nissan LEAF with a bad body kit.”
Former Ferrari Chairman Luca di Montezemolo said:
“If I said what I really think, I’d harm Ferrari. We’re risking the destruction of a myth, I’m very sorry about that. I hope they at least remove the Prancing Horse from that car.”
🚨 Luca di Montezemolo former Ferrari chairman reacts to the new electric Ferrari Luce:
“I’ve seen the project has already been delayed more than two years. I don’t like commenting from the stands—when I was in the game, it annoyed me when people did that. I think for now the… https://t.co/TzIDxFzHso
— TESLARATI (@Teslarati) May 26, 2026
Ferrari has scaled back EV commitments in the past, primarily in response to weaker-than-expected demand for its electric powertrains.
Priced at roughly $640,000 in the U.S., it is tough to see how this car will ever truly live up to the massive expectations many had for it. It almost feels like, to a certain extent, Ferrari is looking for a way to get out of building EVs.
News
Tesla unveils juicy new detail on the Roadster and hints at new unveil timeline
Tesla unveiled a juicy new detail on the Roadster, its long-delayed supercar project, and additionally hinted at a new unveiling timeline, as it appears yet another month will pass without seeing the capabilities of the vehicle.
Vice President of Vehicle Engineering at Tesla, Lars Moravy, revealed on the Ride the Lightning podcast that the Roadster will be built at Gigafactory Texas, adding that “you’ll start to see a lot of things unfold in the next months.”
While we get a good detail on the plant of manufacture, we also get another letdown, as it appears the unveiling event will not take place in May, as CEO Elon Musk hinted during the Earnings Call.
Franz von Holzhausen revealed in the Ride the Lightning podcast that the Tesla Roadster will be built at Gigafactory Texas https://t.co/t9Bu9k824Q pic.twitter.com/TT01IWJaFD
— TESLARATI (@Teslarati) May 24, 2026
The Roadster was first unveiled back in 2017, alongside the Semi, which entered production earlier this year. It was Tesla’s attempt at a true supercar; it would be rare, expensive, and lightning quick, among other incredible capabilities, like potentially hovering for a short period thanks to a collaboration project with SpaceX.
However, the vehicle was set to be delivered in 2020. Parts and supply chain issues due to the COVID-19 pandemic started these delays, and since then, Tesla, and specifically Musk, have wanted to push the capabilities of the Roadster to somewhere the human mind may not be able to currently comprehend.
Both Chief Designer Franz von Holzhausen and Moravy have said many things about the Roadster over the past few years, hinting that the car truly could be worth the wait. However, the continuous delays we’ve seen have undoubtedly been discouraging.
With that being said, it’s not like Tesla has been doing nothing. Instead, the company has been focusing on revamping current models, phasing out others, and working on developing the cars of the future, specifically, the Cybercab, which entered production at Giga Texas in April.
Despite the Roadster’s delays, there is still a ton of anticipation for the vehicle to be released. It will have a steering wheel, as Musk said it will be “the best of the last of the human-driven cars.”
Elon Musk
NASA just gave SpaceX more crew missions because Boeing can’t certify
NASA has filed a procurement notice announcing its intent to add six post-certification missions to SpaceX’s existing Commercial Crew Transportation Capability contract. The agency said it would order up to three of those missions immediately upon adding them to the contract, with the remaining three available as needed through the end of the International Space Station’s planned operations in 2030.
The reason for the expansion is straightforward. NASA cited recently shortened ISS mission durations, technical issues and schedule delays encountered by Boeing, the allocation of missions between Boeing and SpaceX, and the ongoing technical challenges of maintaining a reliable crew transportation capability as the driving factors behind the decision. Boeing’s CST-100 Starliner has still not been certified for crewed flights, and a cargo-only Starliner mission was not included on NASA’s most recent mission manifest. With Boeing effectively sidelined for the foreseeable future, SpaceX is the only American company capable of rotating crews to the station.
The history behind this contract tells the fuller story of how SpaceX got here. NASA originally awarded SpaceX its Commercial Crew contract in 2014 for $2.6 billion. In 2022 NASA modified the contract to add five missions covering Crew-10 through Crew-14, worth $1.436 billion, bringing the total contract value at that point to $4.9 billion. The recent May 18 filing by NASA extends that runway further, with Crew-12 currently docked at the station and Crew-13 assigned and targeting a mid-September 2026 launch.
According to a report by SpaceNews, NASA stated in its filing: “It is necessary to award additional PCMs to SpaceX given the recently shortened ISS mission durations, technical issues and schedule delays encountered by Boeing, the allocation of missions between Boeing and SpaceX, NASA’s projections for when an alternative crew transportation system may become available, and the ongoing technical challenges of maintaining a reliable capability for crewed flights to ISS.”
No dollar value for the new six missions has been publicly confirmed yet, but based on the 2022 precedent of roughly $287 million per mission, the new block could represent close to $1.7 billion in additional contract value. With SpaceX simultaneously preparing Starship as NASA’s Artemis lunar lander, filing its S-1 for a June IPO, and now absorbing more ISS crew rotation work, the company’s role as the primary contractor for American human spaceflight is no longer a matter of circumstance. It is NASA policy.