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Elon Musk calls on Warren Buffett to take a stake in Tesla [Seeking Alpha]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
In a post on Monday on his social media platform X (formerly Twitter), Musk said Buffet “should take a position in Tesla. It's an obvious move”. The reply came in response to a post calling for Buffett to buy TSLA after Berkshire disclosed a reduced stake in Apple ( AAPL At Berkshire Hathaway's ( NYSE: BRK.A NYSE: BRK.B ) annual meeting on Saturday, Buffett said his investment firm will see "modest" growth in operating earnings in 2024 vs. 2023. During the meeting, Buffett said if Tesla ( TSLA ) manages to significantly reduce car accidents through automation technology, that would reduce costs and prices. Ajit Jain, vice chairman of Berkshire's insurance operations, said Tesla has yet to be successful with this automation effort. Buffett also expressed confidence in his successor Greg Abel, noting Abel will be in charge of stock investing decisions should he step down. He also said Apple ( AAPL ) would remain Berkshire's largest common stock holding, despite the investment f
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