The Tesla CEO said he's a maker of things, not an investor like Warren Buffett, and teased a $10 billion stock buyback.Elon Musk has suggested's market value could surge more than six-fold to over $4.4 trillion, pegged Twitter's potential worth at $400 billion, and distanced himself from Warren Buffett.
2."I am excited about the Twitter situation. It's an asset that has languished for a long time, but it has incredible potential. Although myself and the other investors are obviously overpaying for Twitter right now, the long-term potential for Twitter is an order of magnitude greater than its current value."
4."It's likely that we'll do some meaningful [stock] buyback. Even if next year is a very difficult year, we still have the ability to do a $5 billion to $10 billion buyback." 7."We're very pedal to the metal, come rain or shine. We are not reducing our production in any meaningful way, recession or not recession."
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Source: cleantechnica - 🏆 565. / 51 Read more »