Las Vegas is about to take a gamble on Musk´s Boring Company
(The Guardian Business News)

Contract for Tesla-powered underground system reveals lofty goals for a company whose founder is known for missing deadlinesLas Vegas is set to give Elon Musk´s Boring Company its first payout: a $44m contract to build a high-speed underground transit system serving an expanded convention center. But the city is hedging its bets. The contract withholds over two-thirds of payments until construction is complete, and specifies hefty penalties should the system fail to accommodate enough passengers.The project is a gamble on technology that has yet to be demonstrated at a commercial scale, and on a company whose founder has a reputation for missing deadlines. Continue reading...