CHICAGO — Crain’s Chicago Business reports that Tesla’s Elon Musk recently pitched his recent idea — a high-tech drilling firm named the Boring Co. — to create a high-speed transportation system to take people from downtown Chicago to O’Hare International Airport.

Musk's company claims to have developed a tunnel-drilling technology that can cut construction costs 90% or more, because it uses a better drill and its tunnels are narrower than the usual ones. Boring's line to O'Hare wouldn't utilize standard trains, but instead would offer smaller-sized passenger cars that would leave more frequently and travel at speeds of up to 125 mph via an "electric sled" propulsion technology. That technique reportedly could lead to another emerging technology, known as hyperloop, in which the air is pumped out of tunnels and passenger cars are propelled through the vacuum at speeds of up to 600 mph.

Musk and Boring recently began digging a tunnel they hope will run from Los Angeles International Airport all the way to Santa Monica, using a prototype driller known as Godot — as in the play "Waiting for Godot." For the full story, click here.