I grew up in Los Angeles and lived near SpaceX headquarters, and yes, the traffic is terrible. Like Elon Musk, it drove me nuts. However, unlike Musk I simply decided to move away from the traffic....
One of the few people who is just rich, powerful and inventive enough to actually do something about the legendary traffic congestion in Los Angeles is finally fed up. And he has a plan.
Billionaire innovator Elon Musk declared early Wednesday that he's ready to move ahead with his recently formulated ambitions to bore holes, possibly under the city.
"Exciting progress on the tunnel front," Musk tweeted. "Plan to start digging in a month or so."
Good luck. Like Musk's hyperloop, his plan to dig tunnels under Los Angeles is doomed to failure. I know, I know: successful entrepreneurs like Musk thrive on challenges that nobodies like me think are "doomed". That's cool, and I hope he is successful on both projects. However, you should read about Boston's Big Dig before you invest in Musk's "Boring Company".
The Big Dig was the most expensive highway project in the US, and was plagued by escalating costs, scheduling overruns, leaks, design flaws, charges of poor execution and use of substandard materials, criminal arrests, and one death. The project was originally scheduled to be completed in 1998 at an estimated cost of $2.8 billion (in 1982 dollars, US$6.0 billion adjusted for inflation as of 2006). However, the project was completed only in December 2007, at a cost of over $14.6 billion ($8.08 billion in 1982 dollars, meaning a cost overrun of about 190%) as of 2006. The Boston Globe estimated that the project will ultimately cost $22 billion, including interest, and that it would not be paid off until 2038.
The last freeway built in Los Angeles was the I-105 which opened in 1994 (yes, 22 years ago!). It's 19 miles long, cost $127 million per mile, and took 26 years to build from design to completion. Oh, and it's above ground.
The only way this makes sense is if Musk is after government infrastructure subsidies.