(Why threads strip and bolts break)
When a bolt and nut is tightened to draw the bolt head and nut together it stretches the shank, deforms the threads and loads the object trapped between the bolt head and nut.
The bolt shank acts like a spring being pulled apart and it tries to return to its unloaded condition.
The amount of tension developed in the shank is dependent on the number of turns of the nut.
The size of the torque required to turn the nut has little to do with the tension applied to the bolt shank.
Rather the amount of torque needed to turn the nut reflects the slipperiness of the threads.
Keywords: bolt tension, yield stress, the coefficient of friction.