"It's not an easy business," Buffett told shareholders at the Berkshire Hathaway annual meeting. "The success of the auto companies getting into the insurance business is probably as likely as the success of the insurance companies getting into the auto business."that Tesla would be launching its own insurance product later in May.
About one third of Berkshire Hathaway's business is in the insurance space and that includes Geico. Before the annual meeting on Saturday, Buffett said Geico's value has risen more than
Really bad idea to challenge elonmusk
Do it elonmusk !!!!
Yea, because he's threatened. Just like he hates Bitcoin because of his exposure to bank bets.
Neither is landing rockets or creating a neural network
Warren Buffett should just buy Tesla out since he owns the solar industry anyways. Why you think solar doesn't move it doesn't have the right evaluation yet not worth the real money
no shit he isnt- he owns geico
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Source: CNBC - 🏆 12. / 72 Read more »