Elon Musk's net worth drops by $768 million after electric truck launch

New York : Multi-billionaire tech mogul Elon Musk's net worth saw a drop of 6 per cent, as his total worth dropped by $768 million in a single day after a metal ball crashed down the unbreakable glass of his long-awaited Cybertruck during its launch event.

During the Tesla Cybertruck unveiling, Elon Musk asked the company's lead designer, Franz von Holzhausen, to throw a metal ball on the glass of the vehicle to show its strength, but surprisingly the glass broke when the ball was thrown at it, independent.co.uk reported.

"We threw wrenches, we threw everything, we even literally threw a kitchen sink at the glass, and it didn't break. For a little weird reason it broke now, I don't know why," Elon Musk said on Thursday.

He then joked, "We'll fix it in post."

The live streaming of the demonstration was then made private after the undesired results. Starting at $39,900, Cybertruck is inspired by "Lotus Esprit S1" from the James Bond film "The Spy Who Loved Me".

The truck will come in three versions with 250 miles, 300 miles and 500 miles of range, respectively.

According to research firm IHS Markit, the Ford F-150 has been the top-selling pickup truck in the US for more than 40 years, followed by GM's Chevrolet Silverado.

Pickup trucks are currently the fastest-growing segment in the US.