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Elon Musk's Boring Co. Is Turning into a $900M Flop

https://www.bloomberg.com/news/features/2025-07-31/elon-musk-s-boring-company-is-digging-tunnels-for-spacex-xai-office
24•petethomas•21h ago

Comments

PaulHoule•21h ago
https://archive.ph/4DZJw
dotcoma•21h ago
Not a flop. A great PR success, that apparently ended up convincing California that a high-speed train was not needed — hey, Elon is going to build tunnels for Teslas!
netsharc•19h ago
Huh, good point. I've also read (hah do we have Musk legends now, does he also fart lightning out of his arse) that he hates public transport, because it means mingling with the lower classes.

Wasn't the tunnel for that other vaporware idea, hyperloop, and this was the combo that killed the high-speed train?

I was going to write, having a 12-figure net worth is a dangerous thing, because you can fund any dumb idea you have...

dlachausse•19h ago
California politicians and their incompetence were the ones that killed the high-speed train.

It's a massive boondoggle that is way over budget, years behind schedule, and now estimated to cost $135 billion.

https://www.sacbee.com/opinion/op-ed/article311508045.html

dzhiurgis•12h ago
So Elon used 900m to save 135b and people are still bitching
bell-cot•20h ago
The lost money and perpetual non-achievements really don't matter - because Boring Co. is just one of an inattentive zillionaire's expensive hobbies.

Much like Bezos and his Blue Origin.

dlachausse•19h ago
I don't get the hate here. I'd rather see them do stuff like this than buy more mansions and super yachts.

Even if Boring Co. and Blue Origin end up ultimately being commercial failures, they are at least pushing the envelope on engineering.

bell-cot•19h ago
Yeah.

Average-ish primates tend toward love/hate relationships with 900 lbs. gorillas.

Bashing on Elon feels like boosting one's own social status at his expense. In a small band/clan/tribe/troop/whatever, that would actually be the case. But vastly more dangerous to do.

Zigurd•16h ago
I've made a number of video essays about both SpaceX and Blue Origin, mostly from the point of view of management style. To most sane people Bezos can look more competent. But he fired his experienced rocket guy and replaced him with the Alexa guy.

Running a rocket company with KPI dashboards turns out to produce about the same non-results as running your rocket company out of the K hole. Space is hard. Though if I were to bet on one, it would be Blue Origin because they haven't done as many wild ass design decisions that have the potential to scuttle the whole project.

dzhiurgis•12h ago
Fundamentals haven't changed - smaller tunnels are far cheaper to build than massive ones and going 3D is still the way to solve traffic.
rsynnott•24m ago
> smaller tunnels are far cheaper to build than massive ones

I'm not sure how true that is these days, tbh. As I understand it, today, a lot of the cost is care and feeding of the TBM, plus planning and rerouting of obstacles etc. Going for a _bigger_ TBM adds some cost, but not all that much cost. In particular, it is notable that, whereas traditional deep-bore metro lines were pretty much always built with two tunnels in the 3-4 meter (ie 28sqm to 50sqm) range (similar to Elon's car tunnels), most _new_ deep-bore metro lines are now being built with a single tunnel in the 9-12meter range (250sqm to 450sqm). Examples are Dublin, Barcelona, Paris. Obviously this requires removal of a lot more material, but the simplicity of a single big tunnel still seems to win out.

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