Thursday, November 29, 2018

Elon Musk ducks out of one Los Angeles tunnel but pursues another

Elon Musk ducks out of one Los Angeles tunnel but pursues anotherBillionaire entrepreneur Elon Musk has scrapped plans for a high-speed passenger tunnel under the West side of Los Angeles but is moving ahead with a similar proposal across town designed to whisk baseball fans to and from Dodger Stadium. Musk's aptly named underground transit venture the Boring Company gave up on its development of a 2.7-mile (4.4-km) tunnel in West L.A. to settle litigation brought by community groups opposed to the project, the two sides said in a joint statement on Wednesday. The move came six months after Musk, the high-tech baron better known as founder of electric car company Tesla Inc and CEO of rocket maker SpaceX, made a rare personal appearance at a Los Angeles public event to promote his controversial tunnel project.




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