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The Boring Company starts negotiations for San Antonio, Texas Loop

Teslarati

The Boring Company (TBC) started negotiations with the Alamo Regional Mobility Authority (RMA) after board members voted to conduct a feasibility study into the project. The Boring Company was one of two finalists for the San Antonio transportation project. Both companies presented their proposals to the Alamo RMA.

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Boring Company San Antonio project gets some competition

Teslarati

The Boring Company’s (TBC) potential San Antonio project has some competition. The Alamo Regional Mobility Authority (RMA)received four proposals from other contractors to transport people between San Antonio International Airport and downtown. from North Carolina, and a software company Modutram from Mexico. .

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The Boring Company proposes tunnels in Austin and San Antonio

Teslarati

Elon Musk’s The Boring Company (TBC) has started discussing potential tunneling projects in Austin and San Antonio with city officials. Austin’s Development Services Department (DSD) told KXAN that The Boring Company proposed a tunnel in Austin and wanted to understand the permit requirements for the project.

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The Boring Company’s San Antonio Loop negotiations are inching forward

Teslarati

The Boring Company is currently engaging with San Antonio leaders to explore and potentially pursue an underground transportation tunnel system. Similar to the Las Vegas Convention Center Loop, the San Antonio project could utilize a fleet of Teslas. “I think it’s very real.

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The Boring Company offers additional $15M to finance San Antonio Loop 

Teslarati

The Alamo Regional Mobility Authority (RMA) shared that Elon Musk’s The Boring Company (TBC) offered an additional $15 million to finance the San Antonio Loop. The Boring Company initially offered $27 million to $45 million to support the San Antonio Loop project financially. chair of the Alamo RMA.

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The Boring Co. becomes finalist for San Antonio, Texas transport project

Teslarati

The Boring Company (TBC) is one of the finalists vying for a tunneling project in San Antonio, Texas. The project will run between the San Antonio International Airport and downtown. The last two companies up for the project are Elon Musk’s tunneling company and Bexar Automated Transport (BAT).

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The Boring Company San Antonio Loop’s net revenue expected to be $25M per year, fares to start at $10

Teslarati

On Wednesday, May 18, The Alamo Regional Mobility Authority (RMA) board was briefed on more details about The Boring Company’s (TBC) proposed tunnel from the San Antonio International Airport to downtown. According to Green, all funding for the tunneling project would come from Elon Musk’s tunneling company.