Elon Musk & Boring Company plans to rid LA traffic with the $1 Loop rides

Boring Company executives Elon Musk and Steve Davis sit down and open up on their plans to reduce LA traffic by conducting an electric 16 passenger transit. Stating that the Loop could take LA residents from downtown LA to any LAX  airport terminal in 8 minutes. The loop would move for up to 150mph for a $1. Musk states how the system will be a lot more effective for the traffic issues, time-saving and also a better choice than flying cars. Check the video below and tell us what you think.