Which company did Elon Musk help found in 2016 to build tunnels?

Elon Musk helped found The Boring Company in 2016 to develop tunnel-construction and underground transportation systems.

The company emerged from Musk’s frustration with traffic congestion and the high cost and slow pace of conventional tunneling. It initially attracted attention through proposals for underground “loop” systems, in which electric vehicles or specialized transit vehicles would carry passengers through tunnels. The company also sells and develops tunneling technology.

The Boring Company is distinct from Hyperloop companies such as Virgin Hyperloop and Hyperloop Transportation Technologies. Musk popularized the Hyperloop concept in 2013, but The Boring Company was established later and focused especially on tunnel infrastructure. Its projects have included a test tunnel in Hawthorne, California, and the Las Vegas Convention Center Loop.