| Yes and no. Yes, because they no longer plan to use the original design proposed by Musk (pods in vacuum in tubes installed on the ground). No because long term they still plan to do hyper loop but the latest iteration of the idea is electric cars driving really fast in under-pressurized underground tunnel. See https://www.boringcompany.com/hyperloop That being said, Boring Company is still in very early stages. They made significant progress (built Las Vegas tunnel and are in building more of it; created prufrock-1 i.e. v1 of boring machine designed by Boring Company). The hyperloop is something they want to do and most likely can do. The limiting factor is more permitting and politics (for example: they had a deal to do a long tunnel in Chicago with one mayor and then the next mayor said it's stupid and scrapped it). |
Look at some Swiss alpine tunnels or the underwater Channel tunnel if you want to see advanced tunnel boring technology.
Edit: to give exact numbers: boring for LVCC Loop started on November 15 2019, and the tunnels opened to the public in April 2021, 1.5 years later for 1.7 miles (2.7km) of tunnel. In contrast, boring for the Channel tunnel started in June 1988, and the tunnels were opened to freight trains in June 1994 - 6 years for 50 km (31 miles) of much larger undersea tunnels, which allow transport up to 160km/h in real use (200 km/h being the highest designed speed). That's 5.2 miles per year, versus TBC's 1.1 miles per year, comparing like with like.