The Late Charlie Munger on Elon Musk and Tesla
Re: my post today on the still-vaporware Tesla Roadster and Benedict Evans’s maxim that “Elon Musk is a bullshitter who delivers”, a reader sent me this YouTube short of Charlie Munger’s answer to a question at Berkshire Hathaway’s 2020 shareholder meeting regarding Tesla’s volatility and Musk’s self-promotion. Munger said: My thoughts are two. I would never buy it, and I would never sell it…
In a recent YouTube short, Charlie Munger, the Vice Chairman of Berkshire Hathaway, addressed questions about Tesla's volatility and Elon Musk's self-promotion during the company's 2020 shareholder meeting. Munger expressed his thoughts on the matter, stating that he would neither buy nor sell Tesla short. He emphasized his third point, drawing a parallel to Howard Ahmanson's quote: "Never underestimate the man who overestimates himself."
Munger suggested that while Elon Musk may be prone to overestimating his capabilities, he may not be consistently wrong in his ventures.
Brief written by urgent.news from Daring Fireball's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
