Elon Musk Denies 'Donating' Tesla Cybertruck To Ramzan Kadyrov After Russian General Showed Off Truck With Mounted Gun And Hinted At Its Use In War
Portfolio Pulse from Anan Ashraf
Elon Musk denied allegations of donating a Tesla Cybertruck to Russian leader Ramzan Kadyrov, who showcased the vehicle with a mounted gun. The Cybertruck is currently produced only in the U.S. and is marketed as a durable, bullet-resistant vehicle. Musk did not clarify how Kadyrov obtained the truck.
August 19, 2024 | 6:19 am
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Elon Musk denied donating a Tesla Cybertruck to Russian leader Ramzan Kadyrov, who showcased the vehicle with a mounted gun. The Cybertruck is currently produced only in the U.S. and is marketed as a durable, bullet-resistant vehicle. Musk did not clarify how Kadyrov obtained the truck.
The news could negatively impact Tesla's stock price in the short term due to potential concerns over the misuse of its vehicles in conflict zones and the lack of clarity on how the vehicle was obtained by Kadyrov. This could lead to negative public perception and potential regulatory scrutiny.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100