By CCN: As Tesla stock goes up in flames amid its “code red” crisis, Elon Musk enjoyed a small reprieve from the tsunami of bad news when his Boring Company won a $48.6 million Las Vegas contract. The Las Vegas project is a milestone for Boring since it is the fledgling company’s first commercial contract. The Boring Company is a tunnel construction firm Elon Musk launched in late-2016. It was initially a subsidiary of SpaceX, but it was spun off into an independent entity in 2018. Loop Will Cut Transit Time from 15 Minutes to 60 Seconds On May 22,
The post Elon Musk Scores $48 Million to Dig Holes in Vegas While Tesla Implodes appeared first on CCN
source https://www.ccn.com/elon-musk-scores-48-million-to-dig-holes-in-vegas-while-tesla-implodes
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