In the OP's follow up post, not only did the element explode, but it distorted the metal and protruded it outward. For damage to occur as I read this, replacement would be my only option. Then again, everything is speculation until he chimes in here again.
@Admin , you're being paged buddy.
No way it bent the tank.
It’s just not typical to replace a water heater for an electrical problem. Not even a new one.
It also wouldn’t be at all typical for any type malfunction damage the tank.
About the only thing that would bend the tank is an extreme vacuum or uncontrolled thermal expansion/extreme pressure build up.
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