Tesla, Inc.’s (NASDAQ:TSLA) much awaited Cybertruck recently underwent bulletproof testing, prompting Elon Musk to rave about the truck’s performance. One short investor, however, wasn’t too impressed.
What Happened: Replying to a Tesla influencer’s post on X about the testing, Musk said that, despite the fact that a Tommy gun was emptied into the EV’s driver door, no bullets penetrated into the passenger compartment.
One Tesla influencer going by the X handle @Teslaconomics shared a picture of the Cybetruck that went through the testing, noting, “Honestly, I don’t know how the competition isn’t shitting their pants seeing the Cybertruck surviving this kind of testing.”
The observation caught the attention of Tesla short investor Jim Chanos, who had a cheeky remark. “I think you might have to worry about the summer sun on stainless steel before automatic weapons fire,” he said.
Why It’s Important: Chanos was referring to the Cybertruck’s stainless steel body. Metals and metal alloys like steel are likely to conduct more heat than the plastic and paints used for a traditional car body.
Tesla confirmed the Cybertruck’s Nov. 30 launch date, although Musk said on an earnings call that the production ramp-up is likely to be “extremely difficult.”
Tesla ended Friday’s session down 3.69% at $211.99, according to Benzinga Pro data.
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