Ending Soon! Save 33% on All Access

Elon Musk's Boring Company May Build Its First Tunnel on the East Coast A Florida city could be the site of its next project.

By Chloe Arrojado

Bloomberg | Getty Images

Now that Elon Musk's Boring Company has completed its 1.7-mile tunnel through downtown Las Vegas, Fort Lauderdale, Florida could be the site of its next project.

Last Wednesday, Fort Lauderdale mayor Dean Trantalis announced that the city received a proposal to build an underground transit loop from the Boring Company. Named "The Las Olas Loop," the underground tunnel would connect Fort Lauderdale's downtown area to the beach.

Related: Elon Musk Shows off the Mega-Tunnel He Built in Las Vegas and Promises Themed Opening Party

According to a city press release, communication between the sides began at the beginning of the year, and the city commission is scheduled to vote on whether they will accept the proposal later today.

"The underground transit loop would provide quicker and more efficient access between downtown and the beach as well as alleviate street-level traffic," the statement read in part, in addition to announcing that Fort Lauderdale has also created a process for other companies to present competing ideas.

This isn't the Boring Company's first venture into the Sunshine State. Earlier this year, Miami mayor Francis Suarez announced that Musk had been in contact with him about building a two-mile tunnel there for as little as $30 million.

However, the track record of the Boring Company's projects hasn't been perfect. It failed to follow through with its proposed projects in cities like Washington, D.C. and Los Angeles, even erasing mention of these endeavors on its website.

Related: Why is Elon Musk So Successful? It All Comes Down to These 5 Key Personality Traits

Chloe Arrojado

Entrepreneur Staff

Editorial Assistant

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Science & Technology

3 Major Mistakes Companies Are Making With AI That Is Limiting Their ROI

With so many competing narratives around the future of AI, it's no wonder companies are misaligned on the best approach for integrating it into their organizations.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Leadership

How a $10,000 Investment in AI Transformed My Career and Business Strategy

A bold $10,000 investment in AI and machine learning education fundamentally transformed my career and business strategy. Here's how adaption in the ever-evolving realm of AI — with the right investment in education, personal growth and business innovation — can transform your business.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

He Picked Up a Lucky Penny In a Parking Lot. Moments Later, He Won $1 Million in the Lottery.

Tim Clougherty was in for a surprise when he scratched off his $10,000-a-month winning lottery ticket.

Business News

A University Awarded a Student $10,000 for His AI Tool — Then Suspended Him for Using It, According to a New Lawsuit

Emory University awarded the AI study aid the $10,000 grand prize in an entrepreneurial pitch competition last year.