Elon Musk’s Boring Co. Will Pay Fees of Up to 5% on Las Vegas Loop Sales

Bloomberg2021-10-22

County officials got a better deal from the company than they did on their unprofitable monorail. The Boring Co. Convention Center Loop in Las Vegas, Nevada. Photographer: Bridget Bennett/Bloomberg ...

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精彩评论

Ermmmmmm
2021-10-22
Ermmmmmm
So much
- sylarspock:
  Yeah
ken26ksh
2021-10-22
ken26ksh
👍🏻
- 滚股怪:
  Low
mutualtrader
2021-10-22
mutualtrader
Really?? Good news then
LUILUI
2021-10-22
LUILUI
Wow

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Will Pay Fees of Up to 5% on Las Vegas Loop Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-22 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-10-22/elon-musk-s-las-vegas-loop-to-pay-up-to-5-tax-on-sales?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>County officials got a better deal from the company than they did on their unprofitable monorail.\nThe Boring Co. Convention Center Loop in Las Vegas, Nevada. Photographer: Bridget Bennett/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-22/elon-musk-s-las-vegas-loop-to-pay-up-to-5-tax-on-sales?srnd=markets-vp\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-10-22/elon-musk-s-las-vegas-loop-to-pay-up-to-5-tax-on-sales?srnd=markets-vp","article_id":"1189944000","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189944000","pubTimestamp":1634868154,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"County officials got a better deal from the company than they did on their unprofitable monorail.\nTh","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"埃隆·马斯克的Boring Co.将为拉斯维加斯环路的销售支付高达5%的费用","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"County officials got a better deal from the company than they did on their unprofitable monorail.\nThe Boring Co. Convention Center Loop in Las Vegas, Nevada. Photographer: Bridget Bennett/Bloomberg\nLas Vegas is getting a longer Loop transportation system from Elon Musk’s Boring Co., along with more lucrative fees on the Loop’s sales if ridership booms.\nClark County commissioners approved an agreement for Boring Co. to expand an existing Loop tunnel to more parts of Las Vegas, as far south as Allegiant Stadium, where the Raiders play. The bigger Loop could provide an alternative to clogged above-ground roads.\nThe proposal covers 51 stations at various hotels and casinos, connected by a network of twin tunnels running 14.5 miles apiece. The company plans to pay for the Loop, but not the individual stations, according to a spokeswoman for the Las Vegas Convention and Visitors Authority. Those will be paid for by each hotel or casino.\nRides on the Loop will cost about $5 to $20, depending on the distance, the spokeswoman said. Boring will pay the county a franchise fee of 0.5% on the first $17.5 million of quarterly revenue and 5% on additional revenue from the Loop.\nThat’s a little better than the original 1998 franchise agreement Clark County struck with the operators of its seven-station monorail, which is now owned by the LVCVA. Those terms had the unprofitable monorail service paying 0.5% of revenue, which totaled $22.7 million in 2019, before a pandemic-accelerated bankruptcy filing of that system last year.\nPassengers in Musk’s Loop will be driven in Tesla vehicles, which for now have drivers but could eventually be driven autonomously.\nThe Clark County vote this week was on a special use permit and the franchise agreement, which lays the groundwork for the fee structure for the underground thoroughfare. The individual stations and tunnels need separate land use approvals and building permits. Ground could be broken on some of the routes next year, the LVCVA said.\nThe northern portion of the Loop, including proposed stops at the Stratosphere hotel and at Fremont Street, stretches into the city of Las Vegas. The city council approved the Loop’s special-use permit in an initial vote last December. A vote on the fee structure between the city and Boring is expected in November, a spokesman for the city said.\nThe airport is also marked on the proposed map, but an airport spokesman said no proposal had yet been received from the Boring Co. Federal oversight of the airport makes the process more complicated, the spokeswoman for the LVCVA said.\nThe first part of the Loop, a set of twin tunnels running almost a mile under the Las Vegas Convention Center,opened earlier this year, and is currently ferrying passengers to different areas of the sprawling conference venue. The funding for the convention center Loop came from hotel room taxes.\nLas Vegas isn’t the only city in which Musk’s Boring Co. is planning projects. Earlier this month, commissioners in Fort Lauderdale, Florida,approved a resolution to negotiate an agreement with Boring for a Loop connecting the city’s downtown to the beach.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":851313465,"gmtCreate":1634869312106,"gmtModify":1634869312303,"author":{"id":"4087557783698070","authorId":"4087557783698070","name":"Ermmmmmm","avatar":"https://static.tigerbbs.com/b89bbeb73fe9212f0b5efc7185ae8a51","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"So much&nbsp;","listText":"So much&nbsp;","text":"So much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/851313465","repostId":1189944000,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6286378,"gmtCreate":1634882562370,"gmtModify":1634882562405,"authorId":3582677817626222,"author":{"id":3582677817626222,"authorId":3582677817626222,"name":"sylarspock","avatar":"https://static.tigerbbs.com/af2ee7f5466dab8465d661a72c047672","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":851313465,"type":1,"supId":0,"prevId":0,"content":"Yeah ","text":"Yeah ","html":"Yeah "}],"langContent":"CN"},{"id":851313355,"gmtCreate":1634869213175,"gmtModify":1634869213628,"author":{"id":"3586247634551228","authorId":"3586247634551228","name":"ken26ksh","avatar":"https://static.tigerbbs.com/64235ed64966a3645379f94c283bdef9","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"👍🏻&nbsp;","listText":"👍🏻&nbsp;","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/851313355","repostId":1189944000,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6286870,"gmtCreate":1634887260154,"gmtModify":1634887260188,"authorId":4091089381144950,"author":{"id":4091089381144950,"authorId":4091089381144950,"name":"滚股怪","avatar":"https://static.tigerbbs.com/b67621b4133ca0db91bff9766152a448","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":851313355,"type":1,"supId":0,"prevId":0,"content":"Low","text":"Low","html":"Low"}],"langContent":"CN"},{"id":851319248,"gmtCreate":1634869168562,"gmtModify":1634869168690,"author":{"id":"3586395777619036","authorId":"3586395777619036","name":"mutualtrader","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Really?? Good news then","listText":"Really?? Good news then","text":"Really?? Good news then","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851319248","repostId":1189944000,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":851397073,"gmtCreate":1634868362450,"gmtModify":1634868362450,"author":{"id":"3581486451712984","authorId":"3581486451712984","name":"LUILUI","avatar":"https://static.tigerbbs.com/e1c3a85739c7481d19d0bf30f288109d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851397073","repostId":1189944000,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":43,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1189944000"}