The Boring Company, owned by Ilona Mask, intends to build a tunnel between two Tesla production sites in Fremont. We are talking about the main building and factory for the production of seats. This Mask reported during a conference call with investors, writes Electrek.
The tunnel, which is supposed to use automated conveyor delivery of components, will help reduce the number of used trucks and unload the nearest highway. Mask noted that the introduction of such a system will help accelerate the movement of materials and reach the planned level of production of 700,000 cars a year.
Last summer, the Boring Company received permission to build an underground tunnel from New York to Washington. It is planned to be used for the system of vacuum supersonic trains Hyperloop. Also, the company has a pilot project for the construction of a tunnel in Los Angeles.
Earlier Tesla reported on the work for the fourth quarter of 2017, which became the most unprofitable in the history of the brand – 771 million dollars. At the same time, quarterly revenue increased by 44 percent to $ 3.29 billion. In 2017, the net loss of Tesla was $ 2.24 billion, compared to $ 773 million in 2016.
In addition, Tesla was informed that they could not reach the planned volume of production of the electric car Model 3 due to equipment that had not yet been delivered from Germany. This is a line for the production of batteries for gigafabric.