Market Overview

Musk Says He'll Take You From NY To DC In A Half-Hour: How Traditional Travel Compares

Musk Says He'll Take You From NY To DC In A Half-Hour: How Traditional Travel Compares

No dream is too big for Elon Musk.

He’s realizing a world of autonomous driving, planning a colony on Mars, building the world’s largest battery to power South Australian homes, and now aiming to shuttle commuters between New York and Washington, D.C., in under half an hour.

If his 700-miles-per-hour tube train works out, Musk’s service would significantly cut travel time between the city centers. By Google Maps estimates, mid-afternoon travel takes 55 minutes by plane, 146 minutes by Amtrak and 262 minutes by car. Peak hours are even longer.

The Strategy

The Tesla Inc (NASDAQ: TSLA) and SpaceX CEO plans to achieve the transportation feat through The Boring Company, a private venture he founded in 2016 to connect major U.S. cities through a network of underground tunnels.

He intends to get started in the heavily congested greater Los Angeles before breaking ground on the east-coast route. Los Angeles to San Francisco is also in the playbook, as is a Texas loop.

Despite having received an unofficial nod for the New York-D.C. line, Musk noted that it will take a lot of work to secure formal approval. However, he is “optimistic” for rapid progress.

The proposed tunnel will be accessible by at least a dozen entry and exit elevators in each city.

Related Links:

Why Elon Musk Sees Artificial Intelligence To Be The Biggest Risk To Society

Earth To Elon: Musk Wants To Conquer Music And The Ways It’s Delivered

Posted-In: Elon Musk Hyperloop SpaceX The Boring CompanyTravel Tech General Best of Benzinga


Related Articles (TSLA)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Project Green Light: In Detroit, Cameras — And Comcast — Are Helping Bring Crime Down

Benzinga's Option Alert Recap From July 20