collected by :John Locas
“The time has come for a new program of national rebuilding,” Trump said.
Last month, Trump touted the plan in an address to Congress.
Musk, who is making his third trip to meet with Trump since Trump took office Jan. 20, in December said he planned to start digging tunnels after he complained of traffic in Los Angeles.
Tesla and SpaceX CEO Elon Musk will take part in a lunch meeting with U.S. President Donald Trump and business leaders Wednesday on the administration’s plans to boost infrastructure spending, according to a memo sent to White House pool reporters.
Via pool: Attendees for POTUS Strategic Initiatives Infrastructure lunch pic.twitter.com/DJXCkQLDWU — Zeke Miller (@ZekeJMiller) March 8, 2017During his presidential campaign, Trump said he would push for a $1 trillion infrastructure program to rebuild roads, bridges, airports and other public works projects.
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Elon Musk to join Trump Wednesday at infrastructure meeting
White House to lay out infrastructure agenda Wednesday, 8 Mar 2017 | 6:42 AM ET | 01:27Elon Musk, who heads Tesla and Space X, will take part in a meeting with President Donald Trump and business leaders Wednesday on the administration’s plans to boost infrastructure spending, a White House official told Reuters.
The White House later confirmed to CNBC.
During his presidential campaign, Trump said he would push for a $1 trillion infrastructure program to rebuild roads, bridges, airports and other public works projects.
Also expected to attend the White House meeting are Richard LeFrak, chief executive officer of LeFrak; Vornado Realty Trust CEO Steve Roth; and Apollo Global Management co-founder Josh Harris, the official said.
General Atlantic CEO Bill Ford, McKinsey & Co partner Tyler Duvall and Lynn Scarlett, a managing director at the Nature Conservancy, are also scheduled to attend along with Transportation Secretary Elaine Chao and Energy Secretary Rick Perry.
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Billionaire innovator Elon Musk is a ‘force of nature,’ Trump infrastructure advisor says
UAE could become home to the world’s first Hyperloop system Friday, 11 Nov 2016 | 2:13 PM ET | 01:05″He says that he can build a mile of tunnel,” LeFrak said.
“The real problem with doing this is gaining rights of way, gaining eminent domain, or having the rights of way to get the real estate to build the tunnel,” LeFrak said.
On Thursday, another one of Musk’s visions, a super-fast hyperloop transport system, appeared to take a step closer to reality with the release of test track photos.
Earlier this month, Musk tweeted a symbol of his tunnel idea, dubbed “The Boring Company.”
“But at least here’s a man … doing something a little unusual, thinking out of the box, and willing to invest his own capital.”