Tesla’s headlines (and stock price) aren’t as rosy as they once were, but that hasn’t sunk Elon Musk’s buoyant spirit. Musk is still confident in his electric car company, of course, but he’s also pushing forward with other, even more futuristic transportation projects.

In addition to the Hyperloop project still in development in Hawthorne, California, Musk has announced a smaller scale Loop concept that could solve the chronic “soul-destroying traffic” issues in Los Angeles and beyond. Speaking in his capacity as the chief executive of the Boring Company, Musk described to attendees of a talk at a Los Angeles synagogue his vision for an all-electric, subterranean pedestrian transport system that would whisk users from downtown Los Angeles to LAX in eight minutes, for just $1 each.

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[DIGEST: IFL Science!, Priceonomics, Washington Post, Slate]

If you’ve ever spent time in the car waiting to turn left against a steady flow of traffic, thinking there has to be a better way, you’re not alone.

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