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We just got a glimpse of Elon Musk's futuristic skate that could rocket cars through tunnels at 130 mph (TSLA)

Elon Musk has already completed the first segment of a tunnel network he plans to dig under Los Angeles as part of his new venture, The Boring Company.

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Billionaire Elon Musk has already completed the first segment of an underground tunnel network and just installed the most futuristic component of the system: a car skate.

Musk has said a car skate will transport vehicles through the future tunnels at speeds reaching 130 mph during a TED Talk in April. The car skate will be fully operational next week, Musk said.

Here's how the system works: A car would pull into the metal car pod that would then transport the vehicle under ground:

An electric skate would then rocket the car through the tunnel:

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The skate could also transport pedestrians by carrying them on a minibus:

The Boring Company was able to complete the first segment of the tunnel so quickly because it doesn't need permits to dig on SpaceX's property.

In fact, Musk has been working with Hawthorne city officials for over a year about building the tunnel, which was originally conceived as a way to get SpaceX employees across from the parking lot to the building safely.

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