The project will be fully financed by the company.
When originally proposed, Las Vegas Loop consisted of 51 stations and needed a tunnel network of 29 miles . After years of tunneling, currently, the service runs only within a length of 2.2 miles connecting the Las Vegas Convention Center with Resorts World, practically a tenth of the original plan.
Nevertheless, Clark County, Nevada commissioners have approved an expansion for the project to add another 18 stations to the Loop, which requires tunneling of additional 25 miles . The approval came with a 6-1 vote in favor of the project after TBC's lawyer Stephanie Allen assured that the company would entirely bear the construction expenditure.
Allen said that the company plans to further expand the network into the residential areas located north, west, and east of the strip. However, there is much more that TBC needs to do if Musk's plan to decongest the roads with an underground system becomes a reality.to ferry people around in the tunnels, which is not very different from the above-the-ground system. Even as TBC boasts of transporting a million passengers, it has ferried 1,200 passengers an hour.
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