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The Boring Co. becomes finalist for San Antonio, Texas transport project
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 Alamo Regional Mobility Authority (Alamo RMA) is expected to make a decision by Wednesday, March 16. According to Alamo RMA Chairman Michael Lynd Jr. the board could select a finalist and start negotiating a development agreement or postpone the decision. The board may also decide not to move forward with the transportation project altogether. The last two companies up for the project are Elon Musk’s tunneling company and Bexar Automated Transport (BAT). Both have vastly different proposals.
“Even if we decide to move forward with a group this week, there’s no assurance that we’ll get to a point that we’re comfortable that the concept is viable,” said Lynd.
The Boring Company’s Proposal
Rumors of a Boring Company tunnel in San Antonio spread last year. TBC proposed twin underground tunnels to the Alamo RMA in a presentation dated January 2022. Tesla vehicles would transport riders between the international airport and downtown.
The Boring Company estimated that the cost of the twin tunnels would be between $241 million to $298 million. TBC would self-finance the project before turning it over to the board. San Antonio Express-News suggested that Elon Musk’s tunneling company aimed to generate income from the project by operating the loop, similar to its deal with the Las Vegas Convention and Visitors Authority (LVCVA) with the Las Vegas Convention Center (LVCC) Loop.
In Sin City, TBC runs the LVCC Loop for the LVCVA. The LVCC Loop offers free rides to convention center attendees and generates income for the LVCVA through ads, sponsorships, and facility rentals.
The Boring Company has another tunneling project in SIn City, called the Vegas Loop. TBC owns and operates the Vegas Loop. Since the Vegas Loop is not operational yet, the Alamo RMA does not know how much TBC would charge local passengers or the revenue the twin tunnels could generate. However, TBC did release a list of possible fare prices for the Vegas Loop in 2021. Prices started at $5 for a 3-minute ride through a 2.8-mile tunnel.
Bexar Automated Transport’s Plans
The other finalist for the San Antonio transportation project, BAT, proposed an autonomous all-electric bus system. BAT’s proposed bus system would travel through a combination of elevated and underground tracks. The buses could accommodate up to eight passengers per trip, running at 45 mph between the airport and the Convention Center. BAT estimated its proposed tunneling system would cost $330 million. The company also stated it would require a public subsidy for construction and recommended that VIA Metropolitan Transit operate the system.
Documents from Praetor Capital forecasted that BAT’s proposed transportation system could charge passengers $6.50 per trip. BAT estimates ridership to be about 500,000 per year for a $13.7 million revenue.
The Alamo RMA board believes it could sell bonds to finance a transportation system project. Ultimately, the final decision seems to rely on finances.
“Ultimately, it’s got to be financible. As the RMA, we don’t have a bunch of money sitting in a bank account that we can throw at a project like this,” Lynd stated.
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Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025
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Tesla Megapacks chosen for 548 MWh energy storage project in Japan
Tesla plans to supply over 100 Megapack units to support a large stationary storage project in Japan, making it one of the country’s largest energy storage facilities.
Tesla’s Megapack grid-scale batteries have been selected to back an energy storage project in Japan, coming as the latest of the company’s continued deployment of the hardware.
As detailed in a report from Nikkei this week, Tesla plans to supply 142 Megapack units to support a 548 MWh storage project in Japan, set to become one of the country’s largest energy storage facilities. The project is being overseen by financial firm Orix, and it will be located at a facility Maibara in central Japan’s Shiga prefecture, and it aims to come online in early 2027.
The deal is just the latest of several Megapack deployments over the past few years, as the company continues to ramp production of the units. Tesla currently produces the Megapack at a facility in Lathrop, California, though the company also recently completed construction on its second so-called “Megafactory” in Shanghai China and is expected to begin production in the coming weeks.
READ MORE ON TESLA MEGAPACKS: Tesla Megapacks help power battery supplier Panasonic’s Kyoto test site
Tesla’s production of the Megapack has been ramping up at the Lathrop facility since initially opening in 2022, and both this site and the Shanghai Megafactory are aiming to eventually reach a volume production of 10,000 Megapack units per year. The company surpassed its 10,000th Megapack unit produced at Lathrop in November.
During Tesla’s Q4 earnings call last week, CEO Elon Musk also said that the company is looking to construct a third Megafactory, though he did not disclose where.
Last year, Tesla Energy also had record deployments of its Megapack and Powerwall home batteries with a total of 31.4 GWh of energy products deployed for a 114-percent increase from 2023.
Other recently deployed or announced Megapack projects include a massive 600 MW/1,600 MWh facility in Melbourne, a 75 MW/300 MWh energy storage site in Belgium, and a 228 MW/912 MWh storage project in Chile, along with many others still.
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.
Tesla highlights the Megapack site replacing Hawaii’s last coal plant
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Elon Musk responds to Ontario canceling $100M Starlink deal amid tariff drama
Ontario Premier Doug Ford said, opens new tab on February 3 that he was “ripping up” his province’s CA$100 million agreement with Starlink in response to the U.S. imposing tariffs on Canadian goods.
Elon Musk company SpaceX is set to lose a $100 million deal with the Canadian province of Ontario following a response to the Trump administration’s decision to apply 25 percent tariffs to the country.
Starlink, a satellite-based internet service launched by the Musk entity SpaceX, will lose a $100 million deal it had with Ontario, Premier Doug Ford announced today.
Starting today and until U.S. tariffs are removed, Ontario is banning American companies from provincial contracts.
Every year, the Ontario government and its agencies spend $30 billion on procurement, alongside our $200 billion plan to build Ontario. U.S.-based businesses will…
— Doug Ford (@fordnation) February 3, 2025
Ford said on X today that Ontario is banning American companies from provincial contracts:
“We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy. Canada didn’t start this fight with the U.S., but you better believe we’re ready to win it.”
It is a blow to the citizens of the province more than anything, as the Starlink internet constellation has provided people in rural areas across the globe stable and reliable access for several years.
Musk responded in simple terms, stating, “Oh well.”
Oh well https://t.co/1jpMu55T6s
— Elon Musk (@elonmusk) February 3, 2025
It seems Musk is less than enthused about the fact that Starlink is being eliminated from the province, but it does not seem like all that big of a blow either.
As previously mentioned, this impacts citizens more than Starlink itself, which has established itself as a main player in reliable internet access. Starlink has signed several contracts with various airlines and maritime companies.
It is also expanding to new territories across the globe on an almost daily basis.
With Mexico already working to avoid the tariff situation with the United States, it will be interesting to see if Canada does the same.
The two have shared a pleasant relationship, but President Trump is putting his foot down in terms of what comes across the border, which could impact Americans in the short term.
Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025
Tesla Megapacks chosen for 548 MWh energy storage project in Japan
