https://www.cnbc.com/2018/05/18/elon-musk-promises-1-rides-for-boring-companys-la-tunnels.html

Billionaire entrepreneur Elon Musk detailed the Boring Company's plans to build mass transit tunnels beneath Los Angeles on Thursday.

The Boring Company CEO, speaking alongside Steven Davis, a former SpaceX engineer and Boring's project leader, said that the fare for the up-to-150 mph "Loop" system would be $1. It will carry people from downtown LA to the city's international airport, a distance of 11 miles, in eight minutes.