Elon Musk advised Warren Buffett to invest in Tesla. As of early April, Berkshire Hathaway, led by Buffett, had accumulated $189 billion in its accounts, and investing in Tesla would be an “obvious step” for the company, Musk said. At the same time, the prices of electric vehicle manufacturers are not going through their best moment: they have fallen 26.3% since the beginning of the year.
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Tesla founder and CEO Elon Musk advised Berkshire Hathaway investment company founder and CEO Warren Buffett to invest money in Tesla.
“I should take a position at Tesla. This is an obvious step,” Elon Musk wrote on his X social network page.
By early April, Berkshire Hathaway had accumulated $189 billion in balances as the company’s stake in Apple and Chevron declined. This amount was a record for the amount of cash accumulated; the previous record of $167.6 billion was set in the fourth quarter of 2023.
Buffett previously called Tesla’s success in the auto business a “minor miracle.” At the same time, Tesla’s quotes on the Nasdaq have been going through difficult times since the beginning of the year; They have fallen 26.3%.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
