Auto Industry

Elon Musk’s Net Worth Falls $770 Million After Tesla Cybertruck Failure

The demonstration did little to inspire confidence in the Cybertruck, especially given its radical design. Tesla’s share price has dropped by 6% since the market close yesterday, pushing Musk’s net worth down by $768 million in a single day, to $23.6 billion. The 48-year-old founder is the 41st-richest person in the world.  See Also: Tesla …

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Tesla accidentally breaks window while demonstrating ‘‘bulletproof’’ Cybertruck

Well, no one saw that coming!! In what was one of the more surreal product launches I’ve seen, Tesla debuted its $39,900 Cybertruck pickup tonight. After running through some specs and hitting the truck’s door with a sledge hammer, Elon asked an onstage companion (Tesla’s lead designer, Franz von Holzhausen) to demonstrate the strength of the Tesla …

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