Zinger Key Points
- Tesla confirmed the Cybertruck's Nov. 30 launch date, with CEO Elon Musk hinting at potential difficulties in the production ramp-up.
- Tesla ended Friday's session down 3.69% at $211.99.
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Tesla, Inc.’s 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.
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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