Why Elon Musk’s Boring Company is a terrible investment

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When it comes to Elon Musk and his many businesses, it’s always a good idea to approach with caution. The Boring Company, which is Musk’s tunnel construction business, is no different. Here are five reasons why investing in the Boring Company is a terrible idea.

1. There’s no guarantee that the tunnels will actually be built.

At this point, the Boring Company has only built one small tunnel in Los Angeles. This tunnel is not yet open to the public and it’s not clear when or if it ever will be. The company has also started construction on a second tunnel in Las Vegas, but there’s no telling if or when that will be completed.

2. The technology is unproven.

Musk has said that he wants the Boring Company’s tunnels to be able to transport cars at speeds of up to 150 mph. However, there’s no guarantee that the technology will actually work as intended. Until the company can prove that its tunnels can safely and efficiently transport cars at high speeds, it’s a risky investment.

3. The company is facing opposition.

The Boring Company’s tunnel plans have been met with opposition from some community groups and elected officials. In Los Angeles, the company has been sued by a group of residents who are concerned about the impact the tunnel will have on their neighborhood. It’s possible that other communities will also oppose the company’s plans, which could delay or even stop the construction of its tunnels.

4. It’s unclear how the company will make money.

Musk has said that the Boring Company will generate revenue by charging people to use its tunnels. However, it’s unclear how much people would actually be willing to pay to use the tunnels. If the company can’t generate enough revenue from tunnel usage, it could be forced to raise prices, which would likely discourage people from using the tunnels.

5. The company is a long-term bet.

Even if the Boring Company is eventually able to build a network of tunnels, it will likely take many years to do so. This means that investors in the company will need to be patient and be prepared to wait a long time for any return on their investment.

All things considered, investing in the Boring Company is a risky proposition. The company is facing significant challenges and it’s unclear if or when it will be able to overcome them. Until the company has proven its technology and its business model, it’s best to avoid investing in it.

2 Comments

  1. I completely agree! I think it’s important to remember that this is a very new company and there are still a lot of unknowns. I wouldn’t recommend investing in the Boring Company until it has proven itself a bit more.

  2. I completely agree! Avoid investing in the Boring Company at all costs. There are too many risks and uncertainties associated with the company. It’s best to wait until it has proven its technology and business model before considering an investment.

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