Why Elon Musk and Warren Buffett Don’t Get Along
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- Опубликовано: 13 сен 2024
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Sources:
0:03 The Joe Rogan Experience full interview • Joe Rogan Experience #...
0:10 Aaron Friedman, CC BY 2.0 creativecommon... via Wikimedia Commons
0:12 New York Times article www.nytimes.co...
0:18 Yahoo Finance full interview with Warren Buffett finance.yahoo....
0:35 Elon Musk photo: Steve Jurvetson / CC BY (creativecommon....
Warren Buffett photo: USA International Trade Administration, Public domain, via Wikimedia Commons
1:50 Brian Solis / CC BY 2.0 via Wikimedia Commons (creativecommon...)
3:14 Charlie Munger photo: Nick, CC BY 2.0 creativecommon... via Wikimedia Commons
3:41 Mike Mozart from Funny RUclips, USA, CC BY 2.0 creativecommon... via Wikimedia Commons
4:40 Maurizio Pesce from Milan, Italia, CC BY 2.0 creativecommon... via Wikimedia Commons
4:42 Maurizio Pesce from Milan, Italia, CC BY 2.0 creativecommon... via Wikimedia Commons
4:45 RV Vagabond Jerry RUclips channel / jerrydixon
4:47 EagleView www.eagleview....
4:49 Gail Alfar RUclips channel / @gailalfar9752
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First OMG
I love your channel keep up the good work
Why is this 2 days ago?!
Dude why isn’t this so popular until now
@@sfsinfinity5862 it’s a RUclips what did you expect
Warren Buffett is a fundamental long term investor and philanthropist.
Elon Musk is an inventor, industrialist and visionary.
Both are amazing in their own ways. 👍
Inventor? What did he invent?
T12π¥ he has dreamed up many things including the idea of rapidly reusable rockets, starship and falcon, and electric cars eventually Tesla. He may not have actually invented the product but he came up with the ideas.
@@tyzxcj34 🤦♂️
@@leoperez2566 why jealous? Because Elon is filthy rich and you dont afford a tesla?
Long term investor, what has he done for humanity (besides taking tax payer money?) Elon Musk is 1000 times more important than this life sucking boomer who pays less taxes than his SECRETARY. So I ask again, what has he done for humanity besides taking taxes from your pockets?? I'm waiting
Donations get written off in tax backs so that don't count.
I don't really know why a person would hate buffet,
Jealous rivals,maybe
Both have a very different view of the world.
Elon shares Nikola Tesla's mindset, he's an inventor, a visionary, he sees things in this world change rapidly.
Buffet, on the other hand, is uncertain about the tech sector. He's playing it safe and lean more on the traditional way. In this case, he sticks with the old-fashioned oil and gas (just a simple example), which directly hinders Musk's goal.
@@davidyos2575 if Warren doesn't care about tech sector it doesn't hinder musk (it's not like warren shorts tech stocks) and musk is more like an Edison even less visionary minded
Who said anything about hate? Elon just has a difference of opinion, so far that has worked out in Elon's favor
He partially owns electric companies that burns coal = contaminate your lungs; and he invests in oil too which is disgraceful
That was smart of Elon to say he was going to start up a candy company and then he started a insurance company straight to the Heart of Warren's wealth...
plus an power grid utility companies - Warren Buffet owns several fossil fuel utility companies
@@Beast-xd3bz Warren also owns interest in rail company BNSF. Musk's Semi's will move freight at cheaper rate, also hitting Buffet's pockets.
@@St.Maurice difference is buffets businesses make money instead of talking about how one day they’ll make money.
@@jw2862 Tesla is profitable WITHOUT tax credits. Go have a coca-cola.
@@St.Maurice I’m invested in a company that works with EV batteries. I think people
Underestimate how large and powerful Berkshire is though.
To give you an analogy, Buffet works in the accounting department and Elon works in R&D. Both are important, but one is a lot sexier than the other
For u
Buffet is the king of going long
But his biggest weakness has always been technology.
yup, he missed Microsoft, Google, Apple, Amazon, and now Tesla.
@@Beast-xd3bz he didn't miss apple
@@jatinsinghyadav5941 yes, in 2016, i was referring to the 1980s
likewise Berkshire bought Amazon only in 2019 (though he himself didn't buy it)
@@Beast-xd3bz he bought in 90s not in 2016
Warren Buffet doesn’t prefer index funds for his own investing-that’s what he recommends to inexperienced investor. For himself he actually makes large investments in single companies, but only in industries that he understands well. He doesn’t know the tech space all well as banking, manufacturing, and others, so he stays out of tech.
That's true,she doesn't know what she is talking about
@@dextertan9073 To be fair she’s summing up a lot of info in one short video and I think otherwise it was fairly accurate. She makes a lot of videos so it makes sense to make a mistake here and there. Overall I feel like she’s very smart and does some solid videos. But I thought this mistake was worth pointing out.
And then Buffett bought a huge amount of Apple. In 10 years Buffet will also buy Tesla.
@@mattperry4138 This video wasn't accurate. It was littered with stupidity. Buffet doesn't drink 5 cans of coke a day - he said that in order to get people to buy Coca-Cola's stock. The same with McDonald's. Elon doesn't live in a 50k house. He did that to look common. His girlfriend posts Instagrams in penthouses.
Taking Billionaires for their word is the dumbest thing I've ever seen.
@@ludwigludwig3515 No he won’t
i dont like warren buffet either, he has tons of double standards, talking about being healthy and drinks coke and goes to mcdonalds everyday, or investing in "dirty" companies, investing in big oil etc.
Doesn’t get dirtier or unhealthier promoting coke and McDonald’s - as bad as fossil fuels IMO
In capitalist systems fhese things happens.. by the way, the alternatives are not so good..
Both are brilliant at what they do. However investing is risk based assett dealing whereas Musk builds superb engineering based problem solving businesses by employing thousands of brilliant engineers. The insurance by musk is based on leading edge inhouse knowledge the competition would kill for.
there both rich asf and do not care what each other think about each other n its great
@@John-kj3xr Which one is not briliant?
Inhouse knowledge better than GEICO has? Such as?
Really? Brilliant. Now tell me bout the Boring Company, and all other overhyped Musk’s ventures?😂
You are one of my favourite channels on RUclips................. just have the stuff I want in simplest form and best quality.......... and the content is never ever boring to watch cause it gets over in just the right time.............
Thank you Cindy another great presentation.
I just want to say your cmt very nice
Investing is buying yourself a better future you don't have to work hard again.
You can say that again.
I have archived many things in my life since I started investing.
Speaking of investment, I've been finding it difficult choosing between real estate and Crypto, Stock investing.
@@kelvinl.3875 You sounded like a motivational speaker, And I hate your kind.😒
@@kelvinl.3875 I'm into real estate investing.
The economic hardship, recession, unemployment and the loss of job caused by covid pandemic is enough to push people into financial ventures.
I have secured financial freedom by investing in bonds, equities, EFT's and some digital currencies.
I wanted to invest more on Digital currency (Crypto) but the fluctuations in Crypto value discouraged me into dumping.
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yeah, that's very true...
Most people don't invest due to ignorance.
People are scared of investing because of high rate of scammers on the market.
Talking of being successful!
I think that am blessed because if not I wouldn't have met someone who is as spectacular as Expert Greg Campbell.
He helped me recover all that I lost trying to trade for my self.
Buffet is an old man that looks to the future in terms of his experience in the past.
Buffet does not understand technology or climate change, he still has fossil fuels holdings.
Elon is a younger man that looks to the future. He is a disrupter of the past ways to do things.
Elon is helping build a more sustainable future.
I agree. Buffet definitely has good advice that can still be applied today but the times are changing, and fast. Elon has his fair share of mistakes as well but his accomplishments tower of them. I would keep my eyes on Elon but still have Buffet in mind.
> Elon is helping build a more sustainable future.
Haha nice one!
@@maxnotwell7853 Solar energy and battery storage along with electric vehicles will replace fossil fuels. We must stop adding more fossil fuels to the climate fire.
@@KJSvitko He may be good in creating a sustainable and green energy, but he has no understanding in how to apply them for the good of society. Like his loop project, instead of solving the traffic with an electric mass-transit that could transported hundreds at once he opted to make an inefficient underground highway for a cars.
@@tadoshka5170 terrible comment. So what he does only works 99%, that is why he understands nothing. Yeah, right.
Warren God of finance students
Elon God of engineering students
Elon God of students of hype creation.
What did Elon invent if I am right all he did was rob someone of their inventions be it paypal or tesla
@@satoshi8784 Yes exactly
@@NarinderxBali ok fanboy
@@satoshi8784 hey now, he is a genius though, manipulating such large audience with lies is no small feat.
Bit of an unfair assessment by Joe Rogan. As Buffett got rich, he made all the shareholders of his company rich too. And many companies wouldn’t exist without his and other’s like him’s investments.
Both phenomenal, Musk more exiting and hard work , warren cozy and ease.
True
I mean studying and analyzing a company is not cozy
Buffett's job is risky not cozy.
@@The_mytuber I don't think risky is the right word here,
Far from risky.
Elon is far from hard working, unless you mean how well he manages to raise hype around his poorly made products, and let's not talk about his record of empty promises...
Warren Buffett's opinion on technology is worth zero, but his opinion on investing is worth billions :0
At the end of the day it all comes down to valuations and what you pay for growth. Don’t overpay rather under pay with a margin of safety so it over time and you will se an immense amount of wealth.
Warren has a 200+ billion dollar position in Apple....
Elon Musk's ultimate goal is to get human beings on different planets to survive.
Warren Buffett is a business man.
EM wants to get the first step (Mars) during his lifetime and has a 100 hours week.
WB wants to have fun during his life (as he quotes in many interviews).
You can't compare both. But you also can't say that EM is the "better" human being. So what is the answer? I think that both have great mindsets and strong wills to get their things done.
Berkshire hathaway 20% yearly returns without heavily investing into tech companies. Last time I checked, 43 % of their portfolio is in tech, 40% apple, LMAO. Seems pretty heavily invested to me
that didn't happen until a few years ago. across the decades that berkshire hathaway has existed, it's fair to say they generated the 20% annual return without heavily investing in tech.
Buffet doesnt care about diversification he just likes investing in companies he understands that he thinks he can buy at a favorable price.
Holy Crap Cindy..... another smooth transition right to the ad! That is Skill right there!
Buffet is One investor,but Elon is a intellectual Worker
elon isn't dumb, he won't start car insurance company. I've worked in property/casualty insurance industry as a IT consultant and architect. The regulations and complexity of auto insurance takes years to understand. Building a software platform to handle auto insurance isn't trivial and many companies have sunk 100 million into software with nothing to show for it. Many insurance software companies have gone bankrupt trying to build a general purpose system.
I think you just conflated buffet the investor and buffet the advisor/public speaker. He looks at buying a majority/controlling stake in companies except Apple.
The diversification advice is for people who don't know or have the same access as him.
Cindy, great video as always - full of well observed alnalysis.
One thing you didn't cover is that one of the most crucial differences between the two is that Musk continually affects his net worth by continually directly improving his inovation moat and as far as I know Buffet doesn't get involved with his investments' product strategy.
Am I wrong?
You're not wrong, because while they both are ultra rich they do fundamentally different things. In fact I'm not quite sure what the point of this video is, other than to give more Elon Musk content.
@@Mike__B I think it was a very worthwhile video as they are two of the very richest people and often spoken of together....perhaps Gates and Bezos should've also been included.
One thing that Buffett (and Gates) do but Musk doesn't (as fas as I know) is get involed with philanthropy.....maybe his move to green energy is the equivalent.
@@seraphcms2511 Musk is probably doing even more philanthropy as he sees it with SpaceX where he wants to make humanity a multi planet species
@@nathanlewis42 Great point.....The fact that SpaceX is lowering costs of space launches is really benefitting all sorts of ventures from universities to governments.
@@seraphcms2511 thanks
Elon is an innovator and enterpreneur with a vision of the future. Buffet is an investment banker. His vision is to make money. Elon‘s vision is to accelerate the future. Buffet is not interested in innovation, Elon is innovation. Buffet preserves legacy establishment, Elon creates the future. The only thing they have in common is that they have a lot of money. But ok you wanted to point that out👍
Exactly what I want to tell these idiots, just not good with words
mask Is is very needy for attention. And a desperate need to be center focused on himself.
Most of us “get along” for mutual benefit.
When you’re a billionaire, you don’t need that!
INVESTING IN FOREX/ CRYPTO NOW SHOULD BE IN EVERY WISE INDIVIDUAL'S LIST, IN SOME MONTHS TIME YOU WILL BE ECSTATIC WITH THE DECISION YOU MADE TODAY.
to be successful in life there must be some vitals game to play by following the link of the rich ones as your mentor and always try to be good with them as your mentor so that you can get to the successful point you are aiming.
@@lenajonas3187 That’s the fact sir.
@@lenajonas3187 Successfully people don't become that way over-night, what most people are see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
Most times having knowledge or insight a particular activity can as well be a best exercise.
I can boldly say that forex is one of the pro-fitable money ex-change ser-vices that elevates in-vestors and their finan-cial status
When Musk was trying to rise more capital to develop Tesla car business, Warren said that Elon was not able enough to manage a CANDY STORE.
And that guy now has been sending astronauts to the International Space Station.
NASA was doing it just in Russian Rockets.
When did he say Musk couldnt run a candy store lol?
your videos !!! Thank you.
Buffet is a numbers guy. Plays the money game better than anyone. Elon creates things, and has started to capitalize on it. Completely different, not a value judgement just very different
these videos are v well made, so cool! thank you
Elon is another level.. a generational talent
How? The man's a pathological liar- where's the Tesla semis? Where's cybertruck? Why did he buyout solarcity? He is a generational talent bc his company was bought out by confinity which later became paypal? He is a generational talent bc he invested in tesla which was founded by two other people and then he proceeded to throw out the founders? The same founders who envisioned the roadster! If you look at it critically, the dude is not that smart- he thinks that a flawed concept like hyperloop is the solution for high speed transport, he thinks that digging a tunnel underneath is a genius idea to solve traffic- oh what a genius idea! You know what else solves traffic problems- metros and they've been around for quite sometime! Then he announces Tesla bot, dude a company like Boston Dynamics aren't even close to making a retail robot yet musk will be able to deliver these bots by 2022- the dude's a joke to anyone who knows remotely about engineering and the research it takes to come up with revolutionary products!
@@dibyamshuwagle8284 FACTS
@@dibyamshuwagle8284 Reusable Rockets, Tesla.
@@wings4994 where is it? It's commercially successful yet? Not. So dont make statment out of speculation. Musk has to prove a lot. Buffet don't. I don't say he is not good, he is brilliant but only if he delivers what he claims to. So time will tell. Until then Musk must be respectful to those who already achieved more than what he able to at this day.
@@hiteshgujarathi4636 how did buffet achieve more lol. Buffet is an investor while musk pushed humanity forward by making reusable rockets.
@2:21 umm, that's a dumb dig to take at Buffett, who has generated 20% annualised returns over half a century. Anyone who's followed Buffett a bit knows that an economic 'moat' around a company by his definition is far more infallible than moats around castles were designed to be. Tells you a lot that Musk is having to take cheap shots.
I won't shed a tear if Berkshire goes under tomorrow. Can't say the same about Space X or Tesla.
Something that should be remembered. . . Where I live, in 1958 a very decent house was going for $7000 CDN. . . kinda puts Buffet’s lifestyle into persoective
Buffet rather invest in China (byd) rather than in Tesla.
Buffet purchased the house in 1958 so with market appreciation in mind, I believe it's valued in the realm of 7 figures now, it's an investment in itself, he said it was one of his best investments don't be fooled by the 35k purchase price because back then that was still a lot of money
Yeah, ofc, inflation. But let's consider his net worth was in the millions already, and it's a modest house considering how wealthy be already was
Great video 😇. Thank you.
Hmmm...I think I'll stick with Buffett. The trash heap of history is littered with guys like Musk. When you add up all the years that Musk has been around, you find that his story is pretty much the same as the Thomas Edisons, George Pullmans, Henry Fords, George Westinghouses, and Guillermo Marconis. All innovative. All successful for a time. All achieved amazing wealth during their lifetimes. But, all of them were brought back down to earth through competition and the loss of novelty. Musk has made his wealth by hyping up his business and benefitting from all of the lemmings who run to get rich on his stock. Buffett is ultra-picky about the value investments he makes and his steady, long term approach. Bottom-line: Most of the people who invest in Musk will not get rich because they are likely to hold his stock even after his company begins to decline. Buffett's investors don't need to worry about that because his fund manages the Berkshire Hathaway portfolio to enable people to buy and hold the stock forever. So far, history has vindicated Buffett.
Waiting for the "competition" to put a man on Mars before Elon Musk.
@@PureAlbania LOL...funny.
@@PureAlbania Waiting for FSD which was supposed to come out in 2017.
@@SdoubleA True. But do you know the implications when it DO come out.
It's a bigger disruption than the cellphone with Internet.
@@PureAlbania still waiting for this so called person on mars...i'll put a person on jupiter, easy to say, isn't it..but when?
I glad we have both of them here in America.
meh, tech news is turning into drama news for women.
literally like comparing apples and oranges
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
I use to take money from the bank for survival but after trading with her my financial status changed for real
tried different form of trad. I used Copy trade, paid for signals, at a time they seems to be working but at the end I still couldn't manage the stress of dealing with losses
Stock is crashing, bitcoin investment right now will be at every wise individual list in a month you are ecstatic with the decision you make today
stock is good but crypto is
better
Can you do XRP please. I'm tired of all the hype videos and price predictions...I just want some solid explanation. Thanks man
Buffet does not prefer index funds. He recommends index funds for people who don’t have the acumen or time to evaluate individual stocks. He specializes in finding undervalued stocks and buying into them, and then waiting until the market value reflects the true value (which he already knows), the opposite of index investing.
Both are very good people
Better title: Elon Musk and Warren Buffett have a difference of opinion
The problem with this channel is that I always want MORE.
Elon needs to learn to fire back without sounding so confrontational.
Fundamentally they are opposites, but they are both exceptional talents. It's good to learn from both.
Moats are analogies for defensive investors, how about throwing a cannon / catapult for firepower ? What about offense ? Battles are not won playing safe all the time
i dont think buffet gives a damn about elon musk....have never heard him talk about musk since 2008.
Buffet said no to tesla but he invested in Tesla and then sell his papers but he was not happy to do this. I think i read this not so long ago.
Buffet is waaay wealthier than Elon in real-life.
Buffet worthed 1 billion at 56.
Elon is only 50 and worths 250+ billions.
Elon still have decades ahead before he reaches retirement age.
Can't imagine where he will be in 20 years.
But I bet out of all the billionaires, he has the most potential to become a trillionaire once SpaceX launches its IPO.
@@angkear6267 ruclips.net/video/0MeRN7LE1LQ/видео.html
@@angkear6267 lmao how old are you? you dont know anything about money kid.
@@laptopuse2689 hey big guys, please enlighten your wisdom upon thy kids :)
Tbh I think the comparison doesn't make sense about who is wealthier than whom.
I know Buffet has a more diversified portfolio and cash position via his berkshire hathaway compared to Elon's almost entire fortune in few stocks. But i'm gonna use Buffet quote to apply to Elon also: "Diversification may preserve wealth, but concentration builds wealth."
"Diversification is protection against ignorance"
Buffet's core philosophy of risk management and moat may have more stability and durability compared to Elon's spike volatility. But this is why Buffet's can never catchup to Elon's, assuming that Elon succeed what Tesla and SpaceX try to achieve at the end.
Elon's fortune is entirely tied to his execution/performance of his business in Tesla and SpaceX, and also future success. So in a way, he control his own fate/destiny as his fortune live or die with his achievement. SpaceX imo is Elon's masterpiece, this company can only appreciate in value in future decades due to almost zero competitors in private space sector and being way ahead of the pack. As space industry matures, SpaceX will eclipse any company on earth in valuation though Elon may not live long enough to see SpaceX at its peak. Just as Dutch East India Company was once worth 7.8 trillion after it controled the sea trade routes. SpaceX will be the new successor but this time in space and it may take decades or centuries longer.
But it will be his legacy.
@@turkialsul7847 I understand your argument. If two people at roughly the same net worth, one has diversified portfolio and one has few stocks. Ofc, the one with diversified portfolio is weathlier. But this is offset if the one with few stocks worth many multiples than the one with diversified portfolio. And that is the direction Elon's going toward trillionaire status.
Tesla isn't a tech company. It's a car company
Buffet talks about reliable investments. Musk is day dreaming most of the time and after making some pretty out there claims he either doesn't EVER make them again or he...starts changing his mind about them. Of course they won't get along. Buffet doesn't view Musk's idea of business as reliable.
Elon basically scams his way up lying and manipulating gullible audience.
Building a city on Mars?! That sounds ridiculous. Building a city on Ocean is way more realistic.
Elon is definitely smart, because all of his success looks like incredible luck
@@loudelement better to be lucky, than good
Buffett is the grandad of Elon when it comes to investing !
One is grounded in reality.
The other is converting dreams to reality.
What are you talking about? There is no actual innovations in Tesla and all SpaceX technologies have been born in NASA. Musk don't even have a PHD in neither engeneering nor physics(even bachelor degree in physics looks suspicious to me) he is like the dictator ftom the "The Dictator" movie, his "vision" is based on cartoons and tv programs not on actual borring scientific works.
people like Musk push humanity forward, I can't say that about Buffet though I do respect him and his accomplishments.
Lol I hope you don’t really believe that
@@LanceG007 I absolutely do and why don't you?
This is like science vs commerce 😂
Sahi kaha bhai
Love your channel so much!! About to watch ALL of it
Buffett is an investor. Musk is an investor, a scientist, an inventor, and a manufacturer. The Creator actually builds Society, the investor just profits off of it. Both are incredibly successful when executed correctly... only one drives the highest purpose.
Elon Musk is not an inventor or a scientist. He is a businessman and he did not invent electric car. He just manufactures it and sell in a large scale.
Musk has bubble wealth
Buffet has solid wealth
Musk has a giga ego
Buffet is humble
At the end of the day Musk is bettering us while Buffet is just pocketing the change from us.
Elon: pushing humanity forward
Warren: collecting numbers on a spreadsheet
Can't push humanity forward without money. Investors money.
That's stupid statement. I know you are Elon fan boy but he didn't do any significant for humanity yet. All you can heard is talk talk. Buffet have proven already what he said and what he really mean. So still buffet is way smarter than Elon. But Elon can prove himself in near future if only he delivers what he is saying.
@@hiteshgujarathi4636 He already delivered.
1. space transport at a fraction of the cost, something the most powerful countries space agencies couldn't do (China, Russia, USA, India)
2. biggest EV car producer, now opening two biggest factories to increase the lead. Made all other car companies chase them and transition to clean energy.
Let me know your brilliant argument how this isn't pushing humanity forward.
@@saikatbag3961 Not Buffet's money for sure. He prefers investing in dirty oil producers and healthy food like McDonalds and Coca-Cola.
Fast scrolling ... I read Musk visits Buffet
Give it a rest. If you are not on the same level as these individuals just give it a rest. You are like moaning Minnie. Who the hell cares who gets on with whom? How does it improve life to know who is getting along with whom? Get a piggin life
Many thanks.
They should do a pay per view kickbox match.
Elon actually creates things and participates himself in this creation, Warren Buffet just moves money around. There’s a huge difference between them.
At least Elon produces something, and has foresight to contribute to the world. Buffet may be rich, but time is not on his side, and you can’t take it with you in the end. I believe Elons life’s work in this world will be recorded in history.
Musk against buffet and bezo seems like musk is rude and disrespectful
So Nice
Elon doesn’t just hord money, he does things he believes will help
Remind yourself regularly that you are better than you think you are. Successful people are not supermen. Success does not require a superintellect. Nor is there anything mystical about success. And success isn't based on luck. Successful people are just ordinary folks who have developed belief in themselves and what they do. Never-yes, never-sell yourself short.
Cringe copium.
I thought they’re friends since Musk signed Buffett’s Giving Pledge.
He didn't actually,
he said and I quote: I will distribute half my money in making humans multi-planetary and another half on problems of earth.
Very good!!
"That prompted some cheeky tweets from Musk" This is honestly what I hate the most of the man, I commend what he's done from a business side of things but then flies off in another direction like some silly "influencer" in a petty online feud. Are the way they do things fundamentally the same? Not really. In general Buffett invests in companies with other people's money, Musk gets other people's money to invest in his companies. Musk is kind of like that sports athlete of a team you like to watch, and after doing something good instead of acting like he's been there before, he has over the top celebrations, that are a bit too much and gets a penalty called, you still like the player but you want him to just take it down a notch when it comes to celebrating.
Negative press, or creating tension in the press (read: social media) is exactly part of the success formula he's used to become a household name enabling Tesla to sell more in all countries. Another way to look at it, what's Tesla's marketing and PR budget? Do they need one? I remember as a child seeing car advertisements on TV, haven't watched TV in over 25 years, but I don't think Tesla needs to do that, online or otherwise.
@@polymath6475 I don't believe for one second that Musk's "keyboard warrior" feuds he has through twitter have anything to do with him staying relevant in the media. It's "oh damn, he came out with an electric car that can drive to more than just another city before needing to recharge" or "There ya go, space privatized"
How do you slash your marketing budget to zero?
Be controversial on twitter and do flashy product launches!
Then laugh at all the companies spending millions on ads that are cancelling each other out.. :)
@@Mike__B it isn’t a matter of you believing or not. it objectively works.
Tesla is actually a very vulnerable company, let’s say another crisis happens (like in 2008), when that happens people would sell their stocks in an unprecedented rate, tesla has little cash flow relatively, it would be very tough for tesla to maintain such progress. It actually depends on how much dividend does tesla pay to it’s shareholders. However only 30% of tesla is engaged in cars, rest is battery tech and charging tech but it is still growing, it has no foothold in many countries like other car companies already have. I wish that does not happen but if economy crashes tesla is the bubble who’s burst will be the most painful
Buffett is only rich. Elon musk is brilliant. He will be remembered as one of the worlds best minds.
Goes to show even the non brilliant can become wealthy
03:07 lol
Elon musk has Rivalry with Everybody- Gates,Bezos,Mark zuckerberg and Warrenbuffet.😅
Bill gates and buffet >
Because powerful men diverge interest, they are rivals.
Elon inspires on an order of magnitude. When you compare, Buffet was adept at shuffling paper. Kind of sleazy in these times.
300k congrats :)
In my observation, Musk has a mission beyond simply becoming rich and powerful. He has vision for species itself, that's why all his enterprises always about the future. Even Paypal. Buffet is more about the value and prosperity itself. None are above the other, but since I have more faith on science, I can say that should one day humanity manage to conquer Mars, Musk is one of the guy we can be grateful for. He is one of the few billionaire who cares about future.
I admire both.
Elon do work hard to made world a better place , Buffett only do that for his share holder .
pretty simple, the two people are on opposite spectrum of a bunch of things. science/raw physics VS derivatives out of basically nothing, new age vs old age of technology, and most important of all, hardcore engineers usually despise finance giants who make their fame and fortune with the wall street engine.
There both evil and for sure are playing gamea
*Work 24 hours a day, so later you can enjoy 24 hours a day*
Elon Musk must be a really insecure fellow to be the richest person in the world, be such a good engineer and still want to needlessly belittle a man in his 90s, who is without question the greatest investor to have lived. Got to feel for him. If you're so insecure when you're seemingly at the top of the world, it'll probably be cruel when the inevitable descent takes place.
I like the way buffet portrays himself but I really wonder if he is “the good guy” he seems to be because of his very close relationship with people like gates
That relationship was pure business and investment
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Yall know freaking well thats drone program me
We don't love Elon musk because of his money .
I thought Warren did invest in Apple
He did
I'm seeing so many errors on this channel content, be aware of that.
Elon will and can never be as humble and a good human being like Warren buffet
He has a problem with every rich person or rich company. For him caring about the world he sure has an issue with some of the people on it. Lol!
Honestly, I think Musk contributes greater value to society. You can tell that Buffet would agree with this by the way he answers the question if he would buy Tesla stock. Buffet knows that the EV market is the future.
Buffett owns a lot of corporate america, he contributes to American economic power a lot but globally speaking Bufett just sells crap food and drinks so yeah musk’s goals are worth more
If I was Elon, I would put my ego aside and make Warren my father figure / mentor and pick his brains and learn as much as possible in relation to the stock market, investment and how to evaluate businesses.
well that is why you are not elon musk. buffet is on the secure side of things that's what makes him a good investor. elons more is on pushing tech to the limit, you cant do that if unless you are willing to take risk. plus elons goal is to go to mars. buffet's goal is to give as much value to his shareholders. different goals and different approach. elon has nothing to learn from warren.
Why? Elon doesn't care about any of that.
Elon picks fights with a lot of CEOs he is basically a dick
@@kavinnair2020 he is now a bully, he constantly bullies bill gates , Bezos ,Branson , Buffett , etc .