Hyperdrive
Elon Musk’s Boring Co. Nears Deal to Build Tunnel in Florida
The project would transport Tesla-riding passengers about 2.5 miles to the Fort Lauderdale beach from downtown
A Tesla passes through an underground tunnel during a tour of the Boring Co. Convention Center Loop in Las Vegas, Nevada.
Photographer: Bridget Bennett/BloombergThis article is for subscribers only.
A deadline for other companies to submit proposals to compete with a proposed Boring Co. project in Fort Lauderdale, Florida, passed on Monday, leaving Elon Musk’s tunneling business in position to start exclusive negotiations with city officials.
Fort Lauderdale’s city manager and attorney will now seek the approval of commissioners to negotiate a comprehensive or interim agreement with Boring Co., city spokeswoman Ashley Doussard said.