Musk Unveils Boring Co.'s High-Speed Transportation Tunnel

With a modified Tesla Model X zipping through a Boring Co. tunnel, Elon Musk unveiled his vision for a high-speed tunnel system he believes could ease congestion and revolutionize how millions of commuters get around cities, reports CNBC.

Musk founded the Boring Co. two years ago after complaining that traffic in Los Angeles was driving him "nuts." The demonstration tunnel cost approximately $10 million to complete, with engineers and workers boring the 1.14-mile-long tunnel underneath one of the main streets in Hawthorne, California. One end of the tunnel starts in a parking lot owned by Musk's Space X. The other end of the demonstration tunnel is in a neighborhood about a mile away in Hawthorne.

During the presentation, Musk said his Boring Co. technology is "an actual solution to the soul-crushing burden of traffic."