Musk's Tunneling Firm in Talks with Amtrak

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8 hours ago

Summary

Federal regulators are discussing a multibillion-dollar Amtrak project with Elon Musk's Boring Company. The talks aim to determine whether the company can reduce costs on the Frederick Douglass Tunnel program, which was initially projected to cost $6 billion but could now cost up to $8.5 billion.

Key Points

The Boring Company is one of several companies being considered for a new engineering contract.
Musk's company has faced criticism over its conflicts of interest and potential bias in the project selection process.
The talks with TBC raise concerns about the agency's ability to impartially evaluate proposals from various companies.

Why It Matters

The outcome of these talks could have significant implications for the future of transportation infrastructure projects in the United States.

Author

Rebecca Bellan

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