Billionaire Marc Lore Announces Plan To Build A Model City, Telosa

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American billionaire Marc Lore is planning on building a new city. The project, called “Telosa,” which means “highest purpose” in ancient Greek, will be energy efficient, running on electric cars and high-speed transportation. The proposed city would also make use of innovative water technology and other renewable sources of energy. Lore’s plan for Telosa will likely cost around $400 billion. He plans on building it in the West or Appalachia and has already hired an architectural firm for the project. Though the city will be built on relatively cheap land, it is projected to grow in value due …

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