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Musk plans 240-km per hour city travel at just $1

IANS  |  Los Angeles 

and CEO has for the first time revealed his concept for a personalised mass transit system or "Loop" that will carry 16 people and travel at 240 km per hour for a fare of just $1.

In a rare public appearance here late on Thursday, the founder also unveiled the project details, including 2.7 miles of tunnel that will run north to south parallel to the 405 freeway in Los Angeles, CNET reported.

Musk, however, did not provide a time-line for his project that could get people from downtown to International Airport in eight minutes in a

Musk "envisions dozens to hundreds of small stations, about the size of a single or double car parking spot, to alleviate traffic at any one spot".

Musk was joined by director

"It's the only way we can think of to address the chronic traffic issues in major cities," Musk said.

These tunnels were not yet part of his cross-country "Hyperloop" system, which would ferry people in tubes travelling at at a much lower cost.

"Excited for @boringcompany partnership with LA Metro," Musk later tweeted.

LA Metro is the County Metropolitan Transportation Authority, an agency that operates for the County of

According to the city, the proposed tunnel would begin with the entry/exit point at 2352-6 Sepulveda Boulevard, north of West Pico Boulevard, in West Los Angeles.

Earlier, Musk hinted that he plans to link the project under his start-up with SpaceX's rockets to create a that may ferry people anywhere on Earth in less than an hour.

The Boring Company is an infrastructure and tunnel construction company founded by Musk in late 2016.

Musk's aviation company has got approval from the City of Los Angeles to build The Big Rocket, or BFR, which will be used to explore Mars -- a goal that Musk hopes to accomplish by 2022.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 09:54 IST