Jim Chanos Drops Interesting Comment After Elon Musk Touts Cybertruck's Bulletproof Body: 'Might Have To Worry About Summer Sun On Stainless Steel'

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.


See Also: Everything You Need To Know About Tesla Stock

Why It’s Important: Chanos was referring to the Cybertruck’s stainless steel body. Metals and metal alloys like steel are likely to conduct more heat than the plastic and paints used for a traditional car body.

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.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next: Tesla’s Double Miss Spooks Investors, Rivian CEO Allays Liquidity Concerns, Lucid’s Underwhelming Q3 Deliveries And More: Biggest EV Stories Of The Week

Photo: Shutterstock

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Posted In: Short SellersCybertruckelectric vehiclesElon MuskEVsJim Chanosmobility
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