The Boring Company CEO Elon Musk told the Miami mayor that he could finish a two-mile underground tunnel in Miami for just $30 million, disproving what local transit officials estimates as a $1 billion project. Moreover, the world's richest person as per Bloomberg told the Mayor that his company will be able to complete the project in just a span of six month, again contrary to what was initially a four-year estimate.

(Photo : Screenshot Youtube Video by The Boring Company)

Musk Focuses on 'Maximum Utility' for 'Least Amount of Money'

As The Verge reports, Mayor Francie Suarez of Miami shared these details through a video uploaded in his official Twitter account. According to Mayor Suarez, "He's focused on trying to deliver a project that will have the maximum utility for our residents for the least amount of money."

"The order of magnitude in terms of savings is significant.", he added.

Back in January 18, Musk had already tweeted about the idea of digging a tunnel under Miami. The billionaire is known to be transparent about his projects in his Twitter account. Musk said "Cars & trucks stuck in traffic generate megatons of toxic gases & particulates, but @boringcompany road tunnels under Miami would solve traffic & be an example to the world." Furthermore, he mentioned that he had already spoken to the Florida Governor Ron DeSantis about his plans. "If the Governor & Mayor want this done, we will do it.", he added.

Mayor Suarez is open about pursuing the project with the cooperation of DeSantis as well as the mayor of Miami-Dade county. "I think we have a unique opportunity to create a signature project not just for Miami, but for the world," Suarez said.

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Underground Tunnel Project in Miami, a Challenging Feat

The underground project is definitely not easy since Miami's foundation is built on limestone. Thus, it can be a bit challenging because of its spongy structure. That is also the same reason why city experts have estimated the price to be a billion dollar project back in 2018.

As The Miami Herald reports, the challenges in the project are mainly the limestone foundation and the rising sea levels, which can make it more unstable. However, Musk has confidently spoken about digging tunnels as a solution for the rising traffic. He adds that he could dig deeper than the height of skyscrapers.

The Boring Company began in 2016 and has commenced their city projects for a few years now. Over the years, their goals of building a tunnel modify over time. Recently, the company aims to create a tunnel where Tesla cars could drive through at a much faster pace.

Currently, the company is working on the commercial service that is almost completed in Las Vegas. Aside from the Miami underground project, the company is also working on proposals for a project in San Bernardino County, California.

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Written by Nikki D