Elon Musk's Boring Co. will pay fees of up to 5% on Las Vegas loop sales

Las 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.
 

Clark 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.

The 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