Silicon Beach Report June 8: Elon Musk Says Boring Co. Odds of Success Low, But Still Worth It


Elon Musk says Boring Co. odds of success low, but still worth it, Los Angeles Cleantech Incubator names new chief executive, and augmented reality firm Daqri lends helmet to flying “Iron Man” demo.

Elon Musk Says Boring Co. Odds of Success Low, But Still Worth It

The Boring Co. founder Elon Musk acknowledged that his company would likely struggle to gain government approval for a tunnel extending from Los Angeles International Airport to Sherman Oaks, but said the endeavor was still worth a shot, reports the Business Journal. Musk was responding to a Business Journal article that reported skepticism from city officials in Los Angeles, Santa Monica, and Culver City – municipalities in the path of his planned tunnel.

Los Angeles Cleantech Incubator Names New CEO

Los Angeles Cleantech Incubator named Matt Petersen as the next president and chief executive, replacing Fred Walti, according to a blog post. Petersen currently serves as the first chief sustainability officer for the City of Los Angeles and will start his role at the incubator in mid-July.

Augmented Reality Firm Daqri Lends Helmet to Flying ‘Iron Man’ Demo

Daqri lent its augmented reality helmet to a man demonstrating a jet-engine powered “Iron Man” suite, according to a video. The augmented reality headset was used to display flight data.

Technology reporter Garrett Reim can be reached at [email protected]. Follow him on Twitter @garrettreim for the latest in L.A. tech news.

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