Elon Musk's Boring tunnel company could launch Vegas tunnel next year

The company will look to pick up other projects once its initial project completes, founder says

FILE - In this March 14, 2019, file photo, Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio in Hawthorne, Calif. Musk is going on trial for his troublesome tweets in a case pitting the billionaire against a British diver he allegedly dubbed a pedophile. (AP Photo/Jae C. Hong, File)
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Billionaire Elon Musk said the transportation tunnel his startup Boring Company is building in Las Vegas will hopefully be operational next year.

The Tesla chief executive officer made the comments about the $48.7 million subterranean transit project in the US resort city in Twitter posts late on Friday night.

The Las Vegas tunnel is the company’s only major project so far other than a mile-long test tunnel in Hawthorne, California. Pit construction and other preliminary work on the Las Vegas project began in September.

Musk said in a separate post that the company will look to work on other projects following the completion of the tunnel’s construction.

The planned transit system would allow users to ride in Tesla electric vehicles below ground from one side of the sprawling convention centre to the other in just one minute.