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Boring Company

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Can someone run the math for me here? 90K passengers, with an average trip time of say 15 minutes, with an average passenger count of 2 per car, would require how many cars to be on service at the peak hour?

Can't wrap my head around how is this even feasible?
The convention capacity test did 4,400 people per hour on the 1.7 mile section. Extrapolating that to 65miles gets >90k. Resorts World's mono directional section does 2,000.

Vehicle capacity:
Can hold 3 (or 4).

Trip length:
This is the big knob.
Downtown to airport is 8 minutes. LVCC to airport is 5. Entire system is only 11 miles end to end.
So average trip is <10 minutes. Say 7 minutes or 9 trips an hour. That's 27 people/vehicle/hour. 90k/people/ hour is 3,300 cars.

Density:
Depends on which routes are more used. System length is 65 miles with 69 stations. At an 75% on-route factor, that's a 3 passenger vehicle every 140 feet in the tunnels and 12 loading/ unloading per station.

At 4 people per car (no driver), p/v/hr = 36 or 2,500 cars. 180 ft separation, 9 loading/ unloading.

If they make a more purpose built vehicle, then quantity could decrease.

SmartSelect_20230523_092408_Firefox.jpg

The Boring Company Vegas Loop updates target capacity to 90k passengers per hour
 
Can someone run the math for me here? 90K passengers, with an average trip time of say 15 minutes, with an average passenger count of 2 per car, would require how many cars to be on service at the peak hour?

Can't wrap my head around how is this even feasible?

I'd say in peak conditions you could expect 3 passengers per car and ~6 minute trip time so you need ~3,000 cars? Maybe ~5 minute time you go down to ~2500 cars? Any way you look at it, that's a lot of Teslas in tunnels.

Most people won't be taking the longest possible route.

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I'd say in peak conditions you could expect 3 passengers per car and ~6 minute trip time so you need ~3,000 cars? Maybe ~5 minute time you go down to ~2500 cars? Any way you look at it, that's a lot of Teslas in tunnels.

Most people won't be taking the longest possible route.

View attachment 940675


For reference there are around 10,000 taxi drivers in Las Vegas as a whole.

Boring success would be a motivator for Tesla to build better passenger movers with easier ingress and egress and higher capacity.
 

For Vegas Loop, The Boring Company is projecting an average speed of 57 mph for the trips listed. Offline stations in conjunction with lower occupancy vehicles allow for express non-stop rides and faster travel. Extreme top speeds are not necessary.

Trip​
Distance​
Travel Time via Loop​
mph​
Airport - LVCC​
4.9​
5 min​
59​
Allegiant - LVCC​
3.6​
4 min​
54​
Downtown LV - LVCC​
2.8​
3 min​
56​
Downtown LV - Airport​
7.7​
8 min​
58​
At these speeds system wide Vegas Loop will the fastest intra-city public transit in the US by far.

System​
Speed mph​
Vegas Loop​
57 (projected)​
Median Subway​
18.8​
Median LRT​
15.6​
Las Vegas Monorail​
13.4​
Median Bus​
13.2​
Median APM​
10.0​
Median Streetcar​
5.8​


With a 35 mph speed limit on the strip, Loop will even beat uncongested cars on the surface by a likely factor of two and will beat the LV Monorail by a factor of four.

Loop's speed advantage continues beyond the trip speed and will offer lower door-to-door travel times. Reduced walk times to and from stations, low/no wait times, and elimination of mode and seat transfers. Loop door-to-door journey times will be significantly less than transit and even faster than cars.

Owing to the large fleet of vehicles wait times for Loop will be measured in seconds, instead of minutes typical for rail. At CES 2023 the average wait time was less than 10 seconds. Off peak wait times will likely be zero.

Loop's single mode, single seat service within its catchement eliminates transfers and extra wait times for the connection. This eliminates a major pain point common for riders of regular transit.

In order to maintain decent speeds, modern subways typically have a interval of 1.25 mile or more between stations. Average US Subway station intervals range from 0.5 to 2.4 miles with speeds between 14 and 35 mph.

Vegas Loop with offline stations has no real restriction on station density and can provide travel speeds of 57 mph regardless. Vegas Loop can have significantly higher station density with no adverse effect on speeds. (This is a really underappreciated aspect of Loop.)

Vegas Loop with 36 stations along a 3.2 mile stretch of The Strip from Tropicana Ave. to Sahara Ave. is impractically close (500 ft) for rail. Subway station density is fundamentally limited due to cost and performance constraints, which incentivizes reduced coverage and decreased utility contributing to lower system attractiveness.

Numerous Loop stations with their small surface footprint, flexible placement, low noise and tiny cost can be built AT destinations, not merely near them. Loop plans (Caesars/Encore) show stations efficiently integrated with existing porte-cocheres, providing literal door to door service. This will result in massively reduced walk times if any between the station and the destination.

Loop's Speed has several benefits:

  • faster service can increase market share
  • faster service can command a better price
  • productivity is increased by providing more passenger miles per hour
  • faster vehicles means fewer vehicles for the same level of service
The fact that Loop as a public transit system can beat cars in door-to-door travel times is game changing. I don't know if 57 mph will qualify as folding space, but for vistitors to Vegas, especially those who have experienced congestion on The Strip, Loop is going to be eye-opening.
 

Elon Musk’s The Boring Company has sold shares owned by employees and investors at a price over 22% higher than in a funding round for the tunneling startup last year, according to two people familiar with the matter. The most recent price gives the startup an implied valuation of over $7 billion and suggests investors have faith that the company’s prospects have improved, despite setbacks in key projects.

The sale priced shares at around $24 each, the two people said. That’s up from roughly $19 per employee share when Sequoia Capital and Vy Capital led the company’s $675 million Series C, announced in April 2022, which valued it at $5.675 billion. According to one of the people, The Boring Company told shareholders that investors could buy up to $20 million in secondary shares as part of the recent share sales, known as a tender offer.
 
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Anyone know how to participate in this?