Nevada could've fined the company more than $3 million, but regulators are seeking a reduced penalty of $242,800, citing an "extraordinary number of violations."
After Nevada regulators dropped a penalty against The Boring Co. from $3 million to $242,800, critics questioned whether it was enough to change operations at the Elon Musk-led company, which was valued at $7 billion in 2023.
With City Cast Las Vegas