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Elon Musk's Net Worth Falls By $768m In Just One Day After Cybertruck Fail

Elon Musk's Net Worth Falls By $768m In Just One Day After Cybertruck Fail

When Elon Musk confidently asked Tesla design chief Franz von Holshausen: "Hey Franz could you try to break this glass, please?" He probably didn't think it would cost him $768 million (£590m).

And yet here we are, looking at statistics that show Tesla shares have fallen by more than six per cent following the blunder which showed the Cybertruck's 'shatterproof' glass sort of shattering... but don't worry because, in Musk's words: "It didn't go through."

Forbes reported how the mess-up wiped three quarters of a million dollars (in just one day) from the Tesla founder and CEO after the company's share price dropped by six per cent.

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The loss might not do too much damage though, seemingly only making a dent to the 48-year-old's $23.6 billion fortune.

The cock up took place in California for the grand unveiling of the Cybertruck where Musk told the audience: "You want a truck that's really tough, not fake tough. You want a truck you can take a sledgehammer to, a truck that won't scratch, doesn't dent."

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Musk then went on and directed Franz von Holshausen to take a sledgehammer to the side of the door - no damage. Nada. Probably feeling cocky at this point, he asked Franz whether he could throw a metal ball at the 'armour-glass'. Then things got slightly awkward.

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Musk can be heard saying 'oh my f**king God' as the glass smashed... but didn't go through. Credit: PA
Musk can be heard saying 'oh my f**king God' as the glass smashed... but didn't go through. Credit: PA
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Elon Musk Explains What Happened With His Cybertruck Live Demo Fail

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Doing as his boss told him, Franz chucked the ball at the front side window and it smashed on impact (but didn't go through) and Musk could be heard saying: "Oh my f**king God," before adding: "Well, maybe that was a little too hard."

Franz suggested they try the side window at the back of the truck - maybe this was a way to redeem the blunder. Oh, wait, nope. The same thing happened a second time.

Once again, Musk reminded people: "It didn't go through." Franz scurried off the stage - presumably redesigning the 'shatterproof' feature and Musk addressed the audience, saying: "Ah, not bad."

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He went on: "A little room for improvement. Alright, let's see... so yeah... we threw wrenches, we threw everything - we even literally threw the kitchen sink at the glass and it didn't break. For some weird reason it broke now, I don't know why. We'll fix it in post."

Featured Image Credit: PA

Topics: tesla, elon musk, Entertainment, Celebrity, Technology

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Rebecca Shepherd

I'm Becky - a journalist at LADbible. I graduated with a First Class BA in Journalism before going on to cover criminal court cases, medical tribunals and breaking news for the national media - which inevitably and eventually became as glum as it sounds. Can often be found rocking a bag for life - which I made a 'thing' way before Rihanna. You can contact me at [email protected]