Elon Musk's Boring Company registering as a small business after Donald Trump's 2024 election victory

Elon Musk's Boring Company, despite its high valuation, registered as a small business on a government portal for federal contractors after Donald Trump's 2024 election victory. The company has struggled to generate revenue and seeks federal funding. It has focused on building tunnels in Las Vegas but has faced challenges in other U.S. cities. Boring has received criticism for its financial performance and lack of profitability.

Elon Musk's Boring Company Tunnel Projects

Elon Musk's Boring Company has built tunnels in Las Vegas that fall short of initial promises, using Teslas instead of pods and traveling at standard road speeds. While some believe the project holds promise for modernizing transportation, critics argue it has not met expectations.