1200kg for the car divided by 4 points of surface contact („wheels“) equals 300kg. Wikipedia says an Elephant is 5.2-6.9t. So.. well.. seems a bit off.
I think the PSI in their test is fairly small. While I'm sure finding an elephant is difficult, a simply hydraulic press in the lab could deliver hundreds of PSI.
It's a press release aimed at making the news, not a scholarly article, and those can be pretty.. misleading.
The forelimbs also take more weight (60%)
Foot pressure distributions during walking in African elephants
https://royalsocietypublishing.org/doi/10.1098/rsos.160203
Unlike a horse they never have all feet off the ground.
Moreover, that tire surface is much bigger and by part rests outside of material bounds.