The Boring Company is a creation of Elon Musk. Its purpose is to construct a high-speed tunnel below Los Angeles in order to provide fast transportation. Musk has already invested in a number of high-value projects like Tesla and SpaceX that cover electric cars and space exploration. The Boring Company and the high-speed tunnel are other interests.

Teslarati reports that he has unveiled an affordable flamethrower, priced at $500, which has already caught the fancy of the people.

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Musk has sold 4,000 pieces online and netted a cool $2 million within 24 hours. Of course, it is not like a regular full-fledged flamethrower because it has its limitations and can operate only over short distances.

Funds for the Boring Company

In December, Elon Musk had announced that if he is able to sell 50,000 Boring Company hats priced at $20 each, his next step would be to go in for flamethrowers. These do not pose any danger but add to the fun factor. They are similar to weed killing torches readily available at hardware stores. From the response received on its launch, it is expected to provide a boost to the finances of The Boring Company to proceed with work on the Los Angeles tunnels for easing traffic congestion. The next product on the list could be the freeze gun.

Elon Musk is a visionary and tries to convert his ideas into reality. An example is a reusable rocket that brings in the economy factor. It has won over NASA, which has entered into a contract with SpaceX [VIDEO] to ensure that the International Space Station continues to operate in spite of budget cuts.

The electric car project of Tesla and its involvement in solar power generation are other achievements that he can be proud of. Electric cars are the future because, in view of global warming, the days are numbered for conventional cars that run on fossil fuels.

Background of the project

According to Wired, the idea of The Boring Company came to Elon Musk in late 2016 while he was stuck in Los Angeles traffic. He wanted to remove the congestion and thought of building layers of underground tunnels that could accommodate a personal car or a multi-passenger pod which would be powered by electric skates and reaches high speeds.

He wanted to construct a 6.5-mile long tunnel connecting the city of Los Angeles to Culver City. He has already begun work on a test trench and has obtained the necessary permission to build a two-mile test tunnel beneath the city streets. It will be located under the SpaceX headquarters in Hawthorne, L.A. County. Proceeds from the selling flamethrowers and the Boring Company hats will come in handy to augment the funds.