After being out of the limelight for some time now, the Tesla Cybertruck is back in the news. The Cybertruck was spotted with two big shots of the automotive industry seated behind the bulletproof glasses.
Riding shotgun was Tesla’s CEO, Elon Musk, and behind the wheel was the face of none other than Jay Leno. A short video showing them cruising in the Cybertruck was uploaded on Instagram. The drive is for a segment of Jay Leno’s Garage. Imagine sitting in the Cybertruck and listening to these two talk!
The Cybertruck Will Star On Jay Leon’s Garage
Elon Musk and Jay Leno were spotted driving the Cybertruck down Hawthorne’s Crenshaw Boulevard last week. A video was uploaded by Instagram user gorgeouserika where Musk is seen waving at her from the passenger seat. You can hear her say “There you go, Jay Leno and Elon cruising down Crenshaw in this damn car.”
The video, however, shows only Musk sitting on the passenger side. The Cybertruck was caught filming near SpaceX headquarters and the Tesla Design Center as well. The film crew was even spotted setting up the cameras to film near a Tesla Supercharger.
According to Teslarati, Musk was spotted inspecting the motorized rear tonneau. The shooting began as the Cybertruck hit the Crenshaw Boulevard, and captured the Falcon 9 booster and the SpaceX headquarters in the background. They also apparently drove past the Boring Company's Los Angeles test tunnel. The Cybertruck’s appearance on Jay Leno’s Garage could further accentuate the truck’s credibility. Rumors surfaced about the Model Y making an appearance on the show as well. However, the upcoming crossover wasn’t spotted with the Cybertruck.
Speaking of the Model Y, Tesla might look to push the crossover in the Canadian market to make use of the credit on offer. Currently, buyers can get a rebate of $8,000 if the price of the EV is less than $75,000. But this will be dropped down to $60,000 from April 1, 2020.
Jay Leno Is A Tesla Fan
He once highlighted the advantage of electricity by offering his experience as an example.
"I have a Tesla. I’ve had it for three years. I’ve never done anything. There are no fluids to change. There’s nothing. You know, for new technology to succeed, it can’t be equal. It’s got to be better. And they’ve (Tesla) sort of solved the battery problem. It can go 350 to 400 miles at a charge. There’s no maintenance. They’re faster than the gas car. So there’s almost no reason to have a gas car unless you’re doing long-haul duty.”
Tesla Outranks Volkswagen To Become The World's Second Most Valuable Company
Tesla’s stock saw a surge last week and that pushed the market cap to over $100 billion. Volkswagen, on the other hand, stands at $89 billion. Interestingly, Tesla sold less than half a million vehicles worldwide, whereas Volkswagen sold over 11 million vehicles. This is big for Elon Musk, personally, as Tesla board members had signed off a generous pay package plan in 2018 that included 12 tranches and were supposed to be realized in 2028.
Musk, however, busted the first tranche this year that will earn him a $1 billion bonus! In simple numbers, if Tesla had to breach the $100 billion value, the share prices needed to be worth over $575. On January 22, 2020, the price went all the way up to $592. Musk owns 34,085,560 Tesla shares, and this surge over the week through January 23 increased his net worth by $1.7 billion and now stands at $32 billion. If Tesla can sustain its $100 billion market cap, Musk stands to get even richer, thanks to a $346 million pay package tied to the stock’s performance.
Final Thoughts
With all this happening in the world of Tesla, do you think there’s anything that can stop Musk and his company? Or, do you believe the folks who keep saying this is a soap bubble and that bubble will burst soon? Share your thoughts with us in the comments section below.