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."
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: cleantechnica - 🏆 565. / 51 Read more »