Saturday December 7, 2019
Home Lead Story Musk Plans Ma...

Musk Plans Mass Transit System

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".

0
//
Musk was joined by The Boring Company director Steve Davis.
Elon Musk. Pixabay.

SpaceX and The Boring Company CEO Elon Musk 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 Tesla 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 Los Angeles International Airport in eight minutes in a vacuum tube.

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 The Boring Company director Steve Davis.

Read also: Musk Hints Collaboration of SpaceX Rockets With Hyperloop Project

“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 airline speeds at a much lower cost.

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

LA Metro is the Los Angeles County Metropolitan Transportation Authority, an agency that operates public transportation for the County of Los Angeles.

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 hyperloop project under his start-up The Boring Company with SpaceX’s rockets to create a transportation system 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 SpaceX has got approval from the City of Los Angeles to build The Big Falcon Rocket, or BFR, which will be used to explore Mars — a goal that Musk hopes to accomplish by 2022. IANS.

Next Story

The Main Benefits of Opening an Online Business

High internet connection speed and access to the global market are definitely the engine behind the development of many online companies

0
Online Business
As the world gets busier, being able to access a website at any hour is an important facility and an Online Business. This is not available for e-commerce shops only, but also for all types of businesses which can offer their clients the possibility of researching their activities any time of the day. Pixabay

The number of people starting online businesses has increased a lot in the last several years thanks to the low maintenance costs and the possibility of accessing worldwide markets. Starting an Online Business has many advantages, among which these already mentioned are just a few of them. It must be noted, though, that registering an online company implies similar steps as for starting a traditional one. For example, when opening an e-commerce company in the Netherlands, incorporating a business entity the traditional way is still necessary. From this point of view, the Dutch private limited liability company is the easiest to register.

Returning to the advantages of an online company, we will present some of them below.

A great marketing tool

An online business is an important, if not the most important marketing tool, in our days. While e-commerce companies can sell goods through their websites, having a website is useful for traditional businesses too. For example, if running a dental office in Dubai, having a website where all the procedures, costs, testimonials from patients are gathered can help attracting more patients and also increasing the level of confidence in the business. As many studies indicate, people trust companies with websites as these act as extensions of a company.

Online Business
The number of people starting online businesses has increased a lot in the last several years thanks to the low maintenance costs and the possibility of accessing worldwide markets. Starting an Online Business has many advantages, among which these already mentioned are just a few of them. Pixabay

Round the clock access for clients

As the world gets busier, being able to access a website at any hour is an important facility and an online business. This is not available for e-commerce shops only, but also for all types of businesses which can offer their clients the possibility of researching their activities any time of the day. When it comes to shopping, the option of ordering a product online and having it delivered is even more important as clients will save time, energy and money with going to and back from the store.

Low logistics and labor costs

Renting or buying office space, warehousing space and dealing with other logistics-related processes is time and money-consuming for traditional companies. For online businesses these costs can be kept to a minimum thanks to the fact that most of the activities are completed online. When it comes to the labor costs, there is no need to hire many people to work for an online company, thus helping the owner save important amounts of money.

ALSO READ: Top Things To Look For While Buying a Portable Bluetooth Speaker

High internet connection speed and access to the global market are definitely the engine behind the development of many online companies. Without a doubt, the world is heading towards a majority of Internet-based businesses thanks to the advantages mentioned above and also to new developments underway.