Musk pitches Tesla for Buffet’s investment

Berkshire Hathaway has stake in Chinese EV maker BYD, but not in Tesla

Update: 2024-05-07 01:00 GMT

Musk had even invited Buffett to invest in Tesla early on, when the company was worth 0.1% or less than $7 billion, from what it is today

New Delhi: Elon Musk on Monday invited billionaire investor Warren Buffett to come and invest in Tesla, which is facing tough times amid global slowdown in EV sales.

Replying to an X user who posted that Berkshire Hathaway owner should sell all his shares in Apple and buy Tesla instead, the electric car company owner responded that it is an ‘obvious move’ for him.

“He (Buffett) should take a position in Tesla. It’s an obvious move,” posted the X owner.

Buffett’s Berkshire Hathaway has a stake in Chinese EV maker BYD, but not in Tesla.

Last weekend, in response to a post quoting Buffett’s advice about the importance of spending time with loved ones, Musk replied that he would love to spend the last day of his life with his kids.

Musk had even invited Buffett to invest in Tesla early on, when the company was worth 0.1 per cent, or less than $7 billion, from what it is today.

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