Tunnel market led by Elon Musk's Boring Company to reach $20 billion by 2050, Morgan Stanley says

Elon Musk speaks at an unveiling event for The Boring Company Hawthorne test tunnel December 18, 2018.
Pool | Getty Images News | Getty Images

Electric vehicles are poised to take over the transportation industry in the coming years, and new infrastructure — specifically tunnels — will be necessary in the transport revolution, according to Morgan Stanley.

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