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Musk’s Boring Co reveals plan to support Hyperloop in published FAQ
Elon Musk’s plan to integrate Tesla electric sleds traveling through underground tunnels dug by The Boring Company will also include support for vacuum-sealed tunnels used by 600+ mph Hyperloop Pods.
The reveal comes from the company’s newly published Frequently Asked Questions page that does away with introductions and cuts straight to the chase.
“A large network of road tunnels many levels deep would fix congestion in any city, no matter how large it grew (just keep adding levels). The key to making this work is increasing tunneling speed and dropping costs by a factor of 10 or more – this is the goal of The Boring Company. Fast to dig, low cost tunnels would also make Hyperloop adoption viable and enable rapid transit across densely populated regions, enabling travel from New York to Washington DC in less than 30 minutes.” reads the FAQ.
The company isn’t even traveling at a snail’s pace, yet it has big plans to do just that – dig tunnels faster than a snail travels. In this case, resident snail Gary (who lives in a pineapple under the sea) can move at 14 times the speed of a Tunnel Boring Machine (TBM) and represents the target speed for the company’s boring machines.
The Boring Company’s pet snail named Gary
The Framework for Hyperloop
The FAQ sheet broke news that Musk and the team at The Boring Company, in cooperation with Tesla, are planning to build tunnels that can support multi-payloads including that of a Hyperloop Pod. In addition to enabling travel and transport at much higher speeds, this addition is likely to set the Tesla electric sled platform as the standard track that will be used to support mobility of the Hyperloop Pod.
Certain segments of the underground tunnels will have a vacuum shell, if not the entire track, that will allow the tunnel to be held at vacuum. Long distance travel would likely be performed in tunnels held at vacuum, enabling for higher speeds of travel. This format of local versus long distance is the same used by train systems in Europe that have different trains and tracks depending on train speed and distance of travel.
Converts Internal Combustion Vehicles into EVs
Another upside of the system is that it enables the conversion of internal combustion vehicles into zero emission vehicles. When a traditional petroleum powered vehicle is moved onto an electric sled, it will be moved through a system that emits zero emissions. This eliminates the emissions these vehicles would have emitted if they would had ordinarily travelled by road to their destination.
Many people will take Hyperloop Pods to their destinations due to the lower cost of travel. Logistics companies will also shift payload transportation to the tunnel system due to the lower cost as a result of not having a driver, higher speed and automated control over the load. With all of this traffic moving to the conceptual tunnel-based transportation system, it has the potential to radically slash the amount of transportation related emissions and demand for fossil fuels.
If the petroleum industry wasn’t paying attention to Musk and the impact Tesla may have on automotive related fuel consumption, this announcement is surely the wake up call they needed.
Earthquake!
Hollywood thrillers over the years have cast subway systems as the perfect set for apocalyptic thrillers where only a muscular hero armed with backpack full of lithium ion batteries, a stick of bubblegum and the copper from the wiring for the lights can save the day.
The truth, it turns out, is much different. The FAQs relay the facts that structural engineers have know for ages – that properly designed tunnels are one of the safest places to be during an earthquake. The tunnels is not subject to surface forces and instead of resisting the movement of the earthquake, moves with the ground.
Dirty Business
When tunneling in the Minecraft video game, the tunnel materializes and the blocks smashed with a pickaxe or sword simply disappear or move into inventory. The real world is unfortunately not so simple, but The Boring Company has plans to make it just a bit more like Minecraft.
Two major challenges with traditional tunneling are the massive amount of earth being displaced by the tunnel and the equally as challenging amount of concrete that is required to seal the circumference of the tunnel. To solve these challenges together, The Boring Company hopes to develop a process for using the resulting soil to produce earthen bricks. These bricks could even be used as a component of the tunnel lining itself or simply sold as a product.
This is yet another piece of evidence that Tesla truly is attempting to create Minecraft in the real world, reviving the ancient practice of crafting bricks from dirt.
In addition to turning a liability into an asset, this has the potential to drastically cut the amount of concrete used in the production of the tunnels it is constructing. Because of the sheer mass of concrete and the effort required to extract its components, and ship them to the destination, concrete production accounts for a staggering 4.5% of the world’s greenhouse gas emissions. The Boring Company hopes to take a chunk out of those emissions by using bricks where possible in the construction of its tunnels.
Where The Boring Company will go from here is anyone’s guess but this latest update makes it clear that Musk is never willing to settle for the status quo, and always begins working from the ground up – or in this case, from the ground down – when moving into a new business.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
