{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/the-financial-pickle-facing-elon-musks-las-vegas-loop-system-techcrunch/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"The financial pickle facing Elon Musk’s Las Vegas Loop system – TechCrunch","slug":"the-financial-pickle-facing-elon-musks-las-vegas-loop-system-techcrunch","createdLocal":"2021-05-29 14:32:26.029501","publishDate":"2021-05-28 00:00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://techcrunch.com/2021/05/28/the-financial-pickle-facing-elon-musks-las-vegas-loop-system/"},"postSummary":{"childMarkdownRemark":{"html":"<p>Restrictions put in place by Nevada regulators are making it difficult for The Boring Company (TBC) to meet contractual targets for its LVCC Loop, Elon Musk’s first underground transportation system.\nThe Loop system at the Las Vegas Convention Center (LVCC) is supposed to use more than 60 fully autonomous high-speed vehicles to transport 4,400 passengers an hour between exhibition halls.\nLVCC’s parent body, the Las Vegas Convention and Visitor’s Authority, created a contract aimed at incentivizing Musk and ensuring promises are met.\nA transportation system certificate issued by Clark County this week specified that the Loop must use “non-autonomous” “manually driven” vehicles.\nNeither Clark County officials nor TBC provided responses to detailed questions on the operational restrictions, nor indicated when or if they could be lifted.</p>"}}}},"pageContext":{"slug":"the-financial-pickle-facing-elon-musks-las-vegas-loop-system-techcrunch"}}}