Elon Musk Mocks Buffett Over Missed Opportunity: 'Too Bad He Didn't Invest In Tesla When It Was 0.1% Of Today's Value'
Portfolio Pulse from Shanthi Rexaline
Elon Musk, CEO of Tesla, Inc., humorously remarked on Warren Buffett's missed opportunity to invest in Tesla when it was valued at just 0.1% of its current value. Musk's comment was in response to a post praising Buffett's investment wisdom. Despite Buffett's value investing strategy, which contrasts with Tesla's growth stock profile, Musk had previously suggested Tesla as an investment to Buffett's team. Buffett and his business partner Charlie Munger have recently acknowledged Musk's talent, despite earlier skepticism about Tesla's prospects.
November 12, 2023 | 3:18 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Warren Buffett's Berkshire Hathaway, known for value investing, was mentioned as having passed on the opportunity to invest in Tesla. The interaction between Musk and Buffett may interest investors but is unlikely to affect Berkshire Hathaway's stock price in the short term.
The article's focus on Warren Buffett's missed investment in Tesla and the subsequent acknowledgment of Elon Musk's talent does not pertain to any immediate financial or operational changes within Berkshire Hathaway. Therefore, it is unlikely to have a direct impact on BRK's stock price in the short term.
CONFIDENCE 70
IMPORTANCE 20
RELEVANCE 40
NEUTRAL IMPACT
Elon Musk's playful jab at Warren Buffett for not investing in Tesla could draw attention to TSLA's stock, highlighting its significant growth and Musk's confidence in the company's value. However, the comment is unlikely to have a substantial impact on the stock price in the short term.
Elon Musk's comment on Buffett's missed investment opportunity in Tesla is more of a humorous anecdote than material news that would affect Tesla's stock price. While it may generate some buzz, it does not reflect any fundamental change in the company's performance or outlook that would influence the stock price in the short term.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 50