Elon Musk's ultra-high-speed hyperloop will cost just $1 to ride

Elon Musk is sick of Los Angeles traffic.

The Boring Company, Tesla and SpaceX CEO said he was late to his own tunnel company's information session at a synagogue in Los Angeles on Thursday night because of traffic on a major freeway. He called the congested highway "the seventh or eighth level" of hell.

SEE ALSO: Elon Musk's Boring Company is 'a few months' from offering free rides beneath L.A.

To tackle "soul-destroying traffic" plaguing most major U.S. cities, Musk said, "There’s a few ways to skin this cat." Instead of building more roads and highways or heading into the sky, as Uber envisions with its flying cars, Musk wants to go below ground — like 30 to 100 feet below ground — with an autonomous highway-like high-speed tunnel hyperloop system. Read more...

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