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Elon Musk embarrassment: Tesla CEO sees internet price plummet by $768M after truck implosion

Elon Musk embarrassment: Tesla CEO sees internet price plummet by $768M after truck implosion 1

Throughout the presentation, held in California, Mr Musk tried to exhibit the energy of his car. The truck was hit with a sledgehammer which left no seen harm.

Nonetheless, when an assistant threw a steel ball on the window to point out its resilience it was partially smashed.

Mr Musk joked: “It didn’t go through, that’s the plus side.”

Earlier he had claimed the car is “literally bulletproof to a 9mm handgun”.

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Shares in corporations owned by Mr Musk suffered a major fall following the embarrassing incident.

The essential cybertruck shall be accessible for buy for $ 39,000 (£30,000) with a high vary mannequin costing $ 69,900 (£54,460).

For an extra $ 7,000 (£5,453) prospects will be capable to buy a “self-driving” choice that may be capable to drive itself as soon as the software program is accomplished.

Showing on the Recode Decode podcast final yr Mr Musk admitted his futuristic car would possibly wrestle out there.

He commented: “You already know, I really do not know if lots of people will purchase this pickup truck or not, however I do not care.

READ MORE: Tesla chief cracks as his bulletproof Cybertruck takes beating

On Twitter Mr Musk posted: “Tesla cybertruck (pressurised version) would be the official truck of Mars.”

The entrepreneur is a excessive profile advocate of human colonisation of area and his web site sells ‘Occupy Mars’ t-shirts.

Mr Musk can also be the founder and CEO of SpaceX, a non-public firm that’s working with NASA to develop human area journey.

In 2018 shares in Tesla fell by 6 p.c after Mr Musk smoked marijuana reside on a well-liked podcast.

In complete the businessman’s internet price is estimated at over $ 20billion (£15.6billion).

Born in Pretoria, South Africa, Mr Musk based SpaceX in 2002 and joined Tesla two years later.

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He presently holds South African, Canadian and American citizenship.

In 2016 Mr Musk launched OpenAI, a analysis charity that goals to supply synthetic intelligence pleasant to people.

The excessive profile entrepreneur was made a Fellow of the Royal Society final yr.

Mr Musk has spoken out repeatedly concerning the threat to people of world warming and the brand new electrical truck is designed to assist deal with this situation.


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