Barney & Co. host Stuart Barney responded to a Wall Street Journal report detailing the Tesla CEO's drug habit.
Elon Musk's “The Bowling Company” (TBC) has purchased new land in Las Vegas with the aim of expanding the Vegas Loop underground transportation system.
Object Dash, an affiliate of TBC, has purchased a 1.8-acre parcel of land across the street from the Thomas & Mack Center, a multipurpose arena on the campus of the University of Nevada, Las Vegas (UNLV). The acquisition cost $7.2 million, according to Clark County Records, and was first reported by the Las Vegas Review-Journal.
The acquisition is the latest as part of the company's Vegas Loop project, with this particular parcel intended to help connect UNLV to the Las Vegas Convention Center.
TBC states on its website that Clark County and the city: Las Vegas Approved 108 miles of tunnels and 93 stations for the Vegas Loop, which connects the Las Vegas Convention Center with Strip casinos, Allegiant Stadium, downtown Las Vegas, and Harry Reid International Airport.
Elon Musk adds AI to Twitter, TESLA, SPACEX, NEURALINK and boring corporate empire
Elon Musk's The Boring Company has purchased another property in Las Vegas as part of its Vegas Loop project. – Tesla passes through Central Station in the Las Vegas Convention Center Loop. (Photo by Ethan Miller/Getty Images/Getty Images)
Once the Vegas Loop is complete, TBC project It will be able to carry more than 90,000 passengers per hour, and the company plans to eventually connect to Los Angeles.
One section of the Las Vegas Loop, the Las Vegas Convention Center (LVCC) Loop, is currently operational, with a 2.7-mile tunnel connecting LVCC West Hall to the main campus, which includes North Hall, Central Hall, and South Hall.
Musk wants better voting controls at Tesla before expanding automaker's AI business
A Tesla vehicle drives through the one-way tunnel at Central Station during a media preview of the Las Vegas Convention Center Loop on April 9, 2021 in Las Vegas. (Photo by Ethan Miller/Getty Images/Getty Images)
It first opened in April 2021 and has been in operation for every convention since, with peak passenger numbers exceeding 4,500 passengers per hour and 32,000 per day.
The LVCC Loop's two one-way tunnels, two above-ground stations and one underground station cost approximately $47 million, according to TBC.
A visitor enters the station and rides a Tesla electric vehicle through the Las Vegas Convention Center Loop at The Boring Company during the Consumer Electronics Show in Las Vegas on January 5, 2023. . (Photo by PATRICK T. FALLON/AFP via Getty Images/Getty Images)
According to TBC, the LVCC Loop will reduce the 45-minute commute between campuses to about two minutes, was constructed over a period of about a year, and caused no disruptions or road closures during the Games.
CLICK HERE TO GET FOX BUSINESS ON THE GO
TBC did not immediately respond to a request for comment.
