'He should take a position in Tesla. It's an obvious move,' Elon Musk tweeted about Warren Buffett on Sunday.
"He should take a position in Tesla. It's an obvious move," Musk tweeted about Buffett on Sunday, in response to a tweet that suggested Berkshire Hathaway should sell its entire $135 billion stake in Apple and instead purchase Tesla.
But Musk's dream of Berkshire Hathaway giving Tesla its stamp of approval and buying the stock is probably never going to happen. To be fair, Buffett and Munger are no strangers to investing in electric vehicle makers, as Berkshire Hathaway did acquire a 10% stake in BYD back in 2008, so anything could happen.
"Charlie and I for long have felt that the auto industry is just too tough. It's just a business where you've got a lot of worldwide competitors they're not going to go away. And it looks like there are winners at any given time, but it doesn't get you a permanent place," Buffett said at the time.
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