Elon Musk continues to be relentless with his ventures to date. Musk’s Boring Company was given the green light and granted a preliminary permit for a New York-Washington D.C. Hyperloop.
According to New Atlas, the concept of a Hyperloop would be a mode of transportation for passengers and freight. In addition, Musk explained the Hyperloop as a future replacement for bullet trains. For example, a commute from San Francisco to Los Angeles would take as little as 30 minutes.
For this particular project, Musk is looking to reduce the time to travel from New York to D.C. and this is just the first step in developing the vision for the Hyperloop.
“And while it’s a very small, very vague step forward, Musk’s Boring Company has received a permit for preparation and preliminary excavation of a site in the nation’s capital. The exact location is 53 New York Avenue NE, next to a McDonald’s and near the Bureau of Alcohol, Tobacco, Firearms and Explosives,” according to the Washington Post.
As reported by Tech Crunch, Musk tweeted back in July a confirmation that he had received a verbal approval from the government to go ahead and build a multi-state underground Hyperloop. However, there is no official approval to date, but Bloomberg reported positive conversations between the White House and the Boring Company over the possibility of building a tunnel.
— TechCrunch (@TechCrunch) February 19, 2018
The permit is the first step and still far from becoming a done deal. The proposed route would go from New York to Philadelphia to Baltimore to Washington D.C.
The location for the start of these operations is in Hawthorne, Maryland. The distance for the route will be 10.3 miles.
The project is only in the conceptual stage at the moment, but new modes of transportation are nothing to ignore.
The Boring Company is not just interested in building this Hyperloop transportation on the East coast. As the Verge reported, the company is currently interested in building a tunnel close to SpaceX’s headquarters in Hawthorne, California.
Elon Musk's Boring Company vying for Chicago airport rail contract: report https://t.co/r1JCV6AdAA
— FOX Business (@FoxBusiness) February 11, 2018
This is positive news Musk needed, especially with the Tesla setback. Earlier in February, Tesla notified buyers the Tesla 3 Model Sedan‘s release would be pushed back to 2019.