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The Boring Co. becomes finalist for San Antonio, Texas transport project
The Boring Company (TBC) is one of the finalists vying for a tunneling project in San Antonio, Texas. The project will run between the San Antonio International Airport and downtown.
The Alamo Regional Mobility Authority (Alamo RMA) is expected to make a decision by Wednesday, March 16. According to Alamo RMA Chairman Michael Lynd Jr. the board could select a finalist and start negotiating a development agreement or postpone the decision. The board may also decide not to move forward with the transportation project altogether. The last two companies up for the project are Elon Musk’s tunneling company and Bexar Automated Transport (BAT). Both have vastly different proposals.
“Even if we decide to move forward with a group this week, there’s no assurance that we’ll get to a point that we’re comfortable that the concept is viable,” said Lynd.
The Boring Company’s Proposal
Rumors of a Boring Company tunnel in San Antonio spread last year. TBC proposed twin underground tunnels to the Alamo RMA in a presentation dated January 2022. Tesla vehicles would transport riders between the international airport and downtown.
The Boring Company estimated that the cost of the twin tunnels would be between $241 million to $298 million. TBC would self-finance the project before turning it over to the board. San Antonio Express-News suggested that Elon Musk’s tunneling company aimed to generate income from the project by operating the loop, similar to its deal with the Las Vegas Convention and Visitors Authority (LVCVA) with the Las Vegas Convention Center (LVCC) Loop.
In Sin City, TBC runs the LVCC Loop for the LVCVA. The LVCC Loop offers free rides to convention center attendees and generates income for the LVCVA through ads, sponsorships, and facility rentals.
The Boring Company has another tunneling project in SIn City, called the Vegas Loop. TBC owns and operates the Vegas Loop. Since the Vegas Loop is not operational yet, the Alamo RMA does not know how much TBC would charge local passengers or the revenue the twin tunnels could generate. However, TBC did release a list of possible fare prices for the Vegas Loop in 2021. Prices started at $5 for a 3-minute ride through a 2.8-mile tunnel.
Bexar Automated Transport’s Plans
The other finalist for the San Antonio transportation project, BAT, proposed an autonomous all-electric bus system. BAT’s proposed bus system would travel through a combination of elevated and underground tracks. The buses could accommodate up to eight passengers per trip, running at 45 mph between the airport and the Convention Center. BAT estimated its proposed tunneling system would cost $330 million. The company also stated it would require a public subsidy for construction and recommended that VIA Metropolitan Transit operate the system.
Documents from Praetor Capital forecasted that BAT’s proposed transportation system could charge passengers $6.50 per trip. BAT estimates ridership to be about 500,000 per year for a $13.7 million revenue.
The Alamo RMA board believes it could sell bonds to finance a transportation system project. Ultimately, the final decision seems to rely on finances.
“Ultimately, it’s got to be financible. As the RMA, we don’t have a bunch of money sitting in a bank account that we can throw at a project like this,” Lynd stated.
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Tesla executive moves on after 13 years: ‘It has been a privilege to serve’
“It is challenging to encapsulate 13 years in a single post. The journey at Tesla has been one of continuous evolution. From the technical intricacies of designing, building, and operating one of the world’s largest AI clusters to impactful contributions in IT, Security, Sales, and Service, it has been a privilege to serve,” Jegannathan said in the post.
Tesla executive Raj Jegannathan is moving on from the company after 13 years, he announced on LinkedIn on Monday.
“It is challenging to encapsulate 13 years in a single post. The journey at Tesla has been one of continuous evolution. From the technical intricacies of designing, building, and operating one of the world’s largest AI clusters to impactful contributions in IT, Security, Sales, and Service, it has been a privilege to serve,” Jegannathan said in the post.
After starting as a Senior Staff Engineer in Fremont back in November 2012, Jegannathan slowly worked his way through the ranks at Tesla. His most recent role was Vice President of IT/AI Infrastructure, Business Apps, and Infosec.
However, it was reported last year that Jegannathan had taken on a new role, which was running the North American sales team following the departure of Troy Jones, who had held the position previously.
While Jegannathan’s LinkedIn does not mention this position specifically, it seemed to be accurate, considering Tesla had not explicitly promoted any other person to the role.
It is a big loss for Tesla, but not a destructive departure. Jegannathan was one of the few company executives who answered customer and fan questions on X, a unique part of the Tesla ownership experience.
Tesla to offer Full Self-Driving gifting program: here’s how it will work
It currently remains unclear if Jegannathan was removed from the position or if he left under his own accord.
“As I move on, I do so with a full heart and excitement for what lies ahead. Thank you, Tesla, for this wonderful opportunity!” he concluded.
The departure marks a continuing trend of executives leaving the company, as the past 24 months have seen some significant turnover at the executive level.
Tesla has shown persistently elevated executive turnover over the past two years, as names like Drew Baglino, Rohan Patel, Rebecca Tinucci, Daniel Ho, Omead Afshar, Milan Kovac, and Siddhant Awasthi have all been notable names to exit the company in the past two years.
There are several things that could contribute to this. Many skeptics will point to Elon Musk’s politics, but that is not necessarily the case.
Tesla is a difficult, but rewarding place to work. It is a company that requires a lot of commitment, and those who are halfway in might not choose to stick around. Sacrificing things like time with family might not outweigh the demands of Tesla and Musk.
Additionally, many of these executives have made a considerable amount of money thanks to stock packages the company offers to employees. While many might be looking for new opportunities, some might be interested in an early retirement.
Tesla is also in the process of transitioning away from its most notable division, automotive. While it still plans to manufacture cars in the millions, it is turning more focus toward robotics and autonomy, and these plans might not align with what some executives might want for themselves. There are a wide variety of factors in the decision to leave a job, so it is important not to immediately jump to controversy.
News
Lemonade launches Tesla FSD insurance program in Oregon
The program was announced by Lemonade co-founder Shai Wininger on social media platform X.
Tesla drivers in Oregon can now receive significant insurance discounts when using FSD, following the launch of Lemonade’s new Autonomous Car insurance program.
The program was announced by Lemonade co-founder Shai Wininger on social media platform X.
Lemonade launches FSD-based insurance in Oregon
In a post on X, Wininger confirmed that Lemondade’s Autonomous Car insurance product for Tesla is now live in Oregon. The program allows eligible Tesla owners to receive roughly 50% off insurance costs for every mile driven using Tesla’s FSD system.
“And… we’re ON. @Lemonade_Inc’s Autonomous Car for @Tesla FSD is now live in Oregon. Tesla drivers in Oregon can now get ~50% off their Tesla FSD-driven miles + the best car insurance experience in the US, bar none,” Wininger wrote in his post.
As per Lemonade on its official website, the program is built on Tesla’s safety data, which indicates that miles driven using FSD are approximately twice as safe as those driven manually. As a result, Lemonade prices those miles at a lower rate. The insurer noted that as FSD continues to improve, associated discounts could increase over time.
How Lemonade tracks FSD miles
Lemonade’s FSD discount works through a direct integration with Tesla vehicles, enabled only with a driver’s explicit permission. Once connected, the system distinguishes between miles driven manually and those driven using FSD, applying the discount automatically to qualifying miles.
There is no minimum FSD usage requirement. Drivers who use FSD occasionally still receive discounted rates for those miles, while non-FSD miles are billed at competitive standard rates. Lemonade also emphasized that coverage and claims handling remain unchanged regardless of whether a vehicle is operating under manual control or FSD at the time of an incident.
The program is currently available only to Teslas equipped with Hardware 4 or newer, running firmware version 2025.44.25.5 or later. Lemonade also allows policyholders to bundle Tesla insurance with renters, homeowners, pet, or life insurance policies for additional savings.
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Tesla exec: Preparations underway but no firm timeline yet for FSD rollout in China
The information was related by Tesla China Vice President Grace Tao in a comment to local media.
Tesla has not set a specific launch date for Full Self-Driving in China, despite the company’s ongoing preparations for a local FSD rollout.
The information was related by Tesla China Vice President Grace Tao in a comment to local media.
Tesla China prepares FSD infrastructure
Speaking in a recent media interview, the executive confirmed that Tesla has established a local training center in China to support the full adaptation of FSD to domestic driving conditions, as noted in a report from Sina News. However, she also noted that the company does not have a specific date when FSD will officially roll out in China.
“We have set up a local training center in China specifically to handle this adaptation,” Tao said. “Once officially released, it will demonstrate a level of performance that is no less than, and may even surpass, that of local drivers.”
Tao also emphasized the rapid accumulation of data by Tesla’s FSD system, with the executive highlighting that Full Self-Driving has now accumulated more than 7.5 billion miles of real-world driving data worldwide.
Possible 2026 rollout
The Tesla executive’s comments come amidst Elon Musk’s previous comments suggesting that regulatory approval in China could arrive sometime this 2026. During Tesla’s annual shareholder meeting in November 2025, Musk clarified that FSD had only received “partial approval” in China, though full authorization could potentially arrive around February or March 2026.
Musk reiterated that timeline at the World Economic Forum in Davos, when he stated that FSD approval in China could come as early as February.
Tesla’s latest FSD software, version 14, is already being tested in more advanced deployments in the United States. The company has also started the rollout of its fully unsupervised Robotaxis in Austin, Texas, which no longer feature safety monitors.