Time will tell if drivers buy into Elon Musk’s futuristic Cybertruck, but Wall Street is so far skeptical. Tesla stock has skidded since the electric vehicle maker unveiled the long-awaited electric pickup truck in a live demonstration gone awry last week—wiping three quarters of a billion dollars off founder and CEO Elon Musk’s fortune.
“You want a truck that’s really tough, not fake tough,” Musk said of the Blade Runner-esque, angular car. “You want a truck you can take a sledgehammer to, a truck that won’t scratch, doesn’t dent.”
To prove that he had created such an automobile, Musk directed a Tesla designer to take a sledgehammer to the Cybertruck’s door. No damage. But when he had the designer throw a metal ball at its “armor-glass” windows, things went off the rails. “Oh my f***ing God,” said a surprised Musk, as the window shattered.