Sunday, March 3, 2024
Business News

Musk Says Munger could’ve invested in Tesla at $200 mn valuation

Elon Musk, the CEO of Tesla, has taken to Twitter to share his thoughts on a missed opportunity for one of the world’s most successful investors. Charlie Munger, the 99-year-old billionaire and Vice Chairman of Berkshire Hathaway, could have invested in Tesla when the company was valued at around $200 million.

Musk revealed that he had lunch with Munger back in 2008, and the opportunity for Munger to invest in Tesla was presented at the time. Unfortunately, it seems that Munger passed up on the chance to invest in the electric car company that has since become a global leader in the industry.

In his tweet, Musk also suggested that Berkshire Hathaway, the investment firm led by Warren Buffett and Charlie Munger, should consider investing in a stock that starts with the letter “T.” This has led to speculation among investors that Musk may be hinting at a potential partnership or investment opportunity between Tesla and Berkshire Hathaway.

The missed opportunity for Munger to invest in Tesla highlights the importance of recognizing innovative and disruptive technologies early on. Tesla’s success in the automotive industry has been largely due to its innovative approach to electric vehicles and its focus on sustainable energy solutions. The company’s market value has skyrocketed in recent years, making it one of the most valuable companies in the world.

While Munger may have missed out on the opportunity to invest in Tesla at an early stage, it is never too late to recognize the potential of innovative technologies and companies. With Musk’s suggestion that Berkshire Hathaway should consider investing in a stock that starts with a ‘T,’ it will be interesting to see if the investment firm takes notice of Tesla’s ongoing success.

Elon Musk’s recent tweet about Charlie Munger’s missed opportunity to invest in Tesla has sparked discussion among investors about the importance of recognizing innovative technologies and companies early on. While Munger may have missed out on the chance to invest in Tesla at an early stage, there is still potential for future partnerships or investment opportunities between Tesla and Berkshire Hathaway. The future of sustainable energy and electric vehicles is rapidly evolving, and companies like Tesla are at the forefront of this exciting new industry.

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