Elon Musk firm pitched to build transit system in Las Vegas | State & Regional

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LAS VEGAS (AP) — A company backed by tech billionaire Elon Musk moved a step closer Tuesday to building tunnels for an express transit system at a massive Las Vegas convention center despite some local opposition.

The board of directors of the Las Vegas Convention and Visitors Authority voted to authorize contract negotiations with the Musk-backed enterprise The Boring Company.

Authority staff and the company will now develop a detailed design and negotiate the terms of a contract. The project is expected to cost between $35 million and $55 million. The company would pay the cost up front and be reimbursed once the project is completed.

Las Vegas Mayor Carolyn Goodman, a member of the board, voted against the proposal.

She expressed concerns that the company was “exploratory at this time and we are considering handing over the reins of our most important industry.” She…

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