News
The Boring Co. secures land in major LA corridor for upcoming Loop station
The Boring Company has secured a parcel of land in West Los Angeles for a future Loop station along its first LA-route. As could be seen in recent sale records and filings with the office of the Secretary of State of the State of California, Elon Musk’s tunneling startup under the entity name “TBC – The Boring Company” secured a commercial-zoned property located at 2352-2356 S Sepulveda Boulevard in April of this year.
The property lies along the path of the Boring Company’s proposed 6.5-mile long proof-of-concept tunnel that would run from northeast Westchester to Brentwood, one of the most traffic-congested sections in the West Los Angeles area. The tunnel system, a section of which seems to be nearing completion based on recent social media teasers from The Boring Company, would run under Sepulveda Blvd. and right across Culver City.
The location of the land purchased by the company was initially tipped off to us by Robert of the Talking Tesla podcast, who posted a photo of the site as a response to a tweet from the tunneling startup. The location, which could be seen on Google Maps, appears to have been used previously as a wood storage area. The land itself was sold through Marcus & Millichap, a commercial real estate brokerage firm. Marcus & Millichap was offering the land for $4.7 million, and as public records show, on February 1, 2018, it was purchased for a price of $4.6 million.
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- Note: “The Boring Company” logo added to the Google Maps Streetview for emphasis
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- The Boring Company’s conceptual map for its planned Los Angeles tunnel system. [Credit: The Boring Company]
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- A Tesla Model S inside a Boring Co. tunnel. [Credit: Elon Musk/Instagram]
Note: “The Boring Company” logo added to the Google Maps Streetview for emphasis
The Sepulveda Blvd. lots were purchased by Jadejams Property LLC, which was newly incorporated in January 2018. On February 1, Jadejams purchased the land from Marcus & Millichap. Filings submitted to the office of the Secretary of State of the State of CA reveal that Jadejams Property LLC is listed with a business address of 12200 Crenshaw Blvd., which is the street adjacent to SpaceX’s headquarters and right above the Boring Company’s test tunnel. Furthermore, Jadejams Property LLC’s filings also list The Boring Company as its sole manager. Jared Birchall, who is linked to Elon Musk through Neuralink, is listed as the person who completed Jadejams Property LLC’s filing.
The Boring Company’s Loop stations are designed to be small loading zones and exits where passengers could use for access to the company’s underground tunnel system. Passengers in the Loop system would be carried from one destination to another in an electric-powered pod, which would be manufactured by Tesla and be capable of transporting up to 16 passengers at a time. The Loop system will not use vacuum sealed tunnels and hence, will not support hyperloop transport. Nevertheless, the pods in the Loop would still be able to reach speeds of up to 150 mph, thanks to an eight-wheel design that would be fitted on the sides of the vehicle. The Loop system is set to be used by the Boring Company in the Chicago-O’Hare high-speed transport system, which is set to begin in the near future.
According to Elon Musk, The Boring Company would be offering free demo rides on the Hawthorne test tunnel soon. If the company’s recent social media uploads from the tunneling startup are any indication, test rides in the test tunnel would be both an exhilarating and colorful experience for passengers.
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Tesla Energy has introduced the Powerwall Lease in conjunction with Tesla Electric, making the service available in Texas. This new option delivers whole-home backup power using two Powerwall units for a net monthly cost of $35 after credits, accompanied by a low fixed electricity rate.
Under the lease terms, customers pay a one-time order fee of $100. The base lease payment for the two Powerwalls is approximately $122 per month during the first year, subject to a 3 percent annual escalator thereafter. Enrollment in a qualifying Tesla Electric Backup plan or Virtual Power Plant plan provides an $87 monthly credit.
Powerwall Lease is now available with Tesla Electric in Texas
Whole-home backup for $35/month, with a low fixed electricity rate
– Two Powerwalls, $0 installation
– Storm Watch outage protection
– One app to manage it all pic.twitter.com/oTzqc6K3aF— Tesla Energy (@teslaenergy) August 13, 2026
This credit lowers the effective cost to roughly $35 per month plus applicable tax.
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Installation of the standard system carries no additional charge. The package features Storm Watch for outage protection and allows complete management through a single Tesla application. The system supplies continuous whole-home backup capability.
The Powerwall system enables households to maintain electricity during severe storms that disrupt the utility grid. When outages occur, the batteries automatically provide seamless backup power to the home.
Tesla announces 100k Powerwalls are participating in Virtual Power Plants
Tesla Storm Watch monitors weather forecasts and ensures the units are fully charged ahead of anticipated severe weather events so that power remains available throughout the disruption, keeping lights, refrigeration, and other essential systems operating without interruption.
Availability is restricted to select Texas locations where retail electric choice exists. Participants must lease exactly two Powerwall units and maintain continuous enrollment with Tesla Electric. Solar panels cannot be included under this particular lease arrangement.
The monthly credit activates automatically once the system is installed, receives permission to operate, and enrollment is confirmed. To retain the credit, customers are required to stay enrolled in Tesla Electric and fulfill all program conditions.
Nonstandard installations that involve electrical upgrades or special permitting may lead to extra expenses and might impact eligibility for the credit, so be sure to check with either your installer or Tesla to ensure you will still qualify.
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Elon Musk continues to tease the unveiling event for the Tesla Roadster, a continuing trend that has grown into a bigger game of “When” for fans who have been waiting years for the car to finally enter production.
A video shared on X of the Joe Rogan Experience podcast that Musk appeared on last year, teasing the Roadster unveiling, was shared once again on the social media platform. The poster said the Roadster event will be “unforgettable.”
Musk agreed:
Yes
— Elon Musk (@elonmusk) August 12, 2026
The timing is interesting because just yesterday, Musk said that we will be getting flying cars, and for years, Tesla has hinted that it could develop a SpaceX cold gas thruster package that would help the car float or fly for a short period of time.
It would be reasonable to assume Tesla’s major delays with this unveiling event are likely caused by the company’s need to break the rules and push the envelope on nearly everything. Last July, Lars Moravy, Tesla’s VP of Vehicle Engineering, said:
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“Roadster is definitely in development. We did talk about it last Sunday night. We are gearing up for a super cool demo. It’s going to be mind blowing. We showed Elon some cool demos last week of the tech we’ve been working on and he got a little excited.”
The latest updates that Tesla has given us are that the Roadster is in design development, and it did have several potential dates for an unveiling event this year, including April. It was then pushed to August.
However, there are no clues as to when Tesla will be ready, and fans are certainly getting frustrated with the delays.
For what it is worth, Franz von Holzhausen told Jay Leno this week that the event would be “very soon.”
We sure hope.
Lifestyle
Tesla’s driverless Cybercab just passed a big test with State Governor
Florida’s governor rode Tesla’s Cybercab at a closed test track and called the experience impressive.
Florida Governor Ron DeSantis rode in a Tesla Cybercab on a closed test track this week and came away impressed, posting on X that the vehicle “successfully navigated all hazards — a kid running into the street, a crash with police stopping traffic, a Model S cutting us off, etc.” He called the ride “impressive.”
The stop was part of a broader event Monday at SunTrax, a 775 acre state owned proving ground in Auburndale that Florida built specifically to test autonomous and connected vehicles before they reach public roads. Standing next to a gold Cybercab, DeSantis described the car in plain terms: “You go in there and you just sit. You have a screen. There’s no steering wheel, no pedals. Clearly these things could be very beneficial.”
We took a ride on a robotaxi on the Suntrax course and it successfully navigated all hazards — a kid running into the street, a crash with police stopping traffic, a Model S cutting us off, etc.
Impressive! https://t.co/FVAkzFLz3r
— Ron DeSantis (@RonDeSantis) August 11, 2026
DeSantis paired the praise with a caveat that has followed autonomous vehicles since the category existed. “You don’t want to be in an autonomous vehicle and it drives you into a ditch. That would not be good,” he said, framing safety validation as the gate before wider deployment.
SunTrax, the 2.25 mile oval which the state calls the only high speed autonomous vehicle test track in the Southeast, can simulate rain, pedestrian crossings, hills and crowded urban conditions at highway speeds, letting companies push a car past what an early public rollout would risk. Tesla, Waymo and Beep all use the facility, and Florida’s regulatory approach, among the most permissive for autonomous vehicles in the country, doesn’t require a human operator inside a fully autonomous car.
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Tesla has reason to want the blessing of Florida and states beyond, as the Cybercab entered volume production at Gigafactory Texas this spring and has since self certified as SAE Level 4 under Texas law. Public road testing so far has kept a safety monitor in the passenger seat, and Florida is where Tesla has been expanding its existing Model Y based Robotaxi service instead, adding Miami in July and then Orlando and Tampa two weeks later. A closed track endorsement from a sitting governor doesn’t change any of that, but it does put Tesla’s newest hardware in front of a state that has already shown it will move fast on rules.
Tesla launches Powerwall Lease for affordable home backup
Elon Musk teases Tesla Roadster unveiling once again
