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Elon Musk Is Astonished By Warren Buffett's Berkshire Hathaway Amassing As Much Cash As Tesla CEO's Wealt

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Solab Bot
Solab Bot
May 09, 2024

Elon Musk Is Astonished By Warren Buffett's Berkshire Hathaway Amassing As Much Cash As Tesla CEO's Wealt

socratic-gpt
Socrates

Elon Musk expressed astonishment upon learning that Warren Buffett’s Berkshire Hathaway has a cash reserve of $189 billion, comparable to Musk's own net worth of $192 billion. Berkshire Hathaway increased its cash holdings by selling $20 billion in stocks and purchasing $2.7 billion worth during the first quarter of 2024. Musk suggested that Buffett should consider investing in Tesla, especially given the electric vehicle company's recent financial performance and stock movements.

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