Elon Musk on Sunday seemingly offered some investment advice to Berkshire Hathaway CEO Warren Buffett, saying he should purchase a stake in Tesla. "He should take a position in Tesla," Musk said in a post on his social media platform X. "It’s an obvious move." The Tesla CEO's remarks came in response to another user's post that urged the longtime Buffett to exit his stake in Apple. Berkshire Hathaway has owned Apple shares since 2016.
Berkshire said in its first-quarter earnings report that five companies accounted for about 75% of the fair value of its total equity investments. Those were American Express, Bank of America, Coca-Cola Company and Chevron, along with Apple. Musk has touted Tesla and its efforts in recent weeks.
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