News
The Boring Company to connect Brightline to Fort Lauderdale Beach in 3 mins
The Boring Company’s (TBC) unsolicited proposal to Fort Lauderdale for a Las Olas Loop was recently made public, revealing some more details about the Miami tunnel project.
The Boring Company submitted an unsolicited proposal for the Las Olas Loop in Fort Lauderdale on June 21, 2021, paying a $25,000 fee to the city. Full details of the proposal were kept confidential according to state law until recently, when confidentiality rules expired.
As per The Next Miami (TNM), TBC proposed a tunnel system that would bring passengers from Fort Lauderdale to the beach in 3 minutes. Similar to the Las Vegas Convention Center (LVCC) Loop in Sin City, Fort Lauderdale’s Las Olas Loop will use Teslas to transport passengers through the system. The Tesla cars will be moving at an average speed of 50 miles per hour, as per the proposal.
The Boring Company leaves room for expanding the Las Olas Loop in its proposal through Brightline stations, specifically one located in Fort Lauderdale at 101 NW 2nd Avenue. For the Las Olas Loop expansion, TBC proposed potential stations in the following locations:
- FLL Airport
- The proposed Brightline Station next to FLL Airport
- Port Everglades
- The resorts area
- Fort Lauderdale Tri-Rail station
- The Galleria mall
- Carter Park
- DRV PNK Stadium
Las Olas, Downtown Fort Lauderdale, and Lauderdale Beach are within range of the Brightline station via bike or rideshare. The Fort Lauderdale Brightline station also provides passengers access to the Museum of Discovery and Science, The Broward Center for the Performing Arts, and NSU Art Museum Fort Lauderdale. Brightline has lines in Miami and West-Palm-Beach as well, with plans to add an Orlando station soon.
TBC offered to build the initial tunnel system of the Las Olas Loop at its own expense, guaranteeing a solid maximum price. The city can opt to repay the tunneling company in installments. Fort Lauderdale sent a letter to Governor Ron DeSantis requesting state funding for the Boring Company tunnel earlier this year.
In the letter, Vice Mayor Heather Moraitis wrote that the city has welcomed an influx of new residents who decided to make Fort Lauderdale their new home after feeling the effects of the pandemic. She disclosed that the Florida Office of Economic and Demographic Research (EDR) projects the city will add 845 residents daily until 2025.
The city’s growth will likely sprout some challenges, including traffic congestion. Moraitis wrote that traditional solutions might not resolve future traffic challenges and sought support for Fort Lauderale’s TBC Las Olas Loop.
“Building more bridges will congest our approximately 165 miles of intercoastal waterways, frustrate our marine industry and our commuters. While increasing rail options are a good thing, piling on top of current infrastructure doesn’t make long-term sense. Tunneling is that cost-effective and cutting-edge solution,” wrote Moraitis in the letter to Gov. DeSantis.
Last month, the Fort Lauderdale Commission voted to move toward the next step in The Boring Company project. The vote allows for more detailed negotiations with TBC about the Las Olas Loop.
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Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
