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Chicago taps Elon Musk’s Boring Company to build high-speed transit tunnels that would tie Loop with O'Hare
Bill Ruthhart and John ByrneContact Reporters
Chicago Tribune
June 13,2018
Autonomous 16-passenger vehicles would zip back and forth at speeds exceeding 100 mph in tunnels between the Loop and O’Hare International Airport under a high-speed transit proposal being negotiated between Mayor Rahm Emanuel’s City Hall and billionaire tech entrepreneur Elon Musk’s The Boring Co., city and company officials have confirmed.
Emanuel’s administration has selected Musk’s company from four competing bids to provide high-speed transportation between downtown and the airport. Negotiations between the two parties will ensue in hopes of reaching a final deal to provide a long-sought-after alternative to Chicago’s traffic gridlock and slower “L” trains.
Read the full article at:
http://www.chicagotribune.com/news/loca … t=screamer
Elon Musk chosen to build, operate O’Hare express dubbed ‘Tesla-in-a-tunnel’
By Fran Spielman
Chicago Sun-Times
June 13, 2018
Would you pay up to $25 for a 12-minute ride from downtown’s Block 37 to O’Hare Airport aboard an electric vehicle seating 16 — dubbed “Tesla-in-a-tunnel” — racing underground at speeds well over 100 m.p.h.?
Maybe, just maybe, you’ll get that chance.
The Boring Company, owned by visionary billionaire Elon Musk of Tesla and SpaceX fame, has been chosen to build and operate an elusive high-speed rail line between downtown and an expanding O’Hare.
“We have a person in Elon Musk who started an electric car company from nothing and started a space company from nothing and he has proven that he doesn’t like to fail,” said Mayor Rahm Emanuel, who shares that “failure-is-not-an-option” trait with Musk.
“Here’s a guy in two different other transportation modes who has taken huge risks — not only economic, [but] reputational. We’re gonna bet on those two things and that track record in this next step with no money and all upside. … That’s a pretty good pay-off for us, vs. zero dollars from the public.”
Read the full article at:
https://chicago.suntimes.com/business/e … EAKING_YES
Last edited by EdwardHeisler (2018-06-13 21:22:48)
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