Musk's Boring Company to get its 1st tunnel contract in Las Vegas

Billionaire Elon Musk-led tunnel-digging startup The Boring Company (TBC) is set to receive its contract to build a high-speed underground transit system in Las Vegas for $44 million. However, the city withholds over two-thirds of payments until construction is complete and specifies heavy penalties if it fails to accommodate enough passengers. TBC has built one 1.8-km-long test tunnel to date.