Billionaire Bill Ackman has 'enormous respect' for Tesla CEO Elon Musk - Business Insider

Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017.Billionaire hedge fund manager Bill Ackman lauded Tesla and SpaceX CEO Elon Musk on the latest episode of"I admire people like Elon Musk, I admire people who take on unbelievable challenges and succeed," the Pershing Square Capital boss said.

"The notion of building a car company to compete with the big car companies is something that on its own is fairly remarkable," Ackman continued. "If you do that a time when you're building a company to launch rockets into space I think it's even more remarkable."

What more is there to Elon than his tweets?

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Elon Musk to personally insure Tesla board, citing 'high premiums' - Business InsiderTesla isn't a stranger to high insurance costs for its vehicles, and last year launched an insurance product for its owners in California. ShortingIsFun People are going to look dumbfounded in a few years and ask themselves, 'where were the signs?' What happens if elonmusk drives his Tesla off a cliff?
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Tesla CEO Elon Musk on verge of $750 million payday as stock floats near record highs - Business InsiderIf Tesla's six-month average market cap exceeds $100 billion, CEO Elon Musk will be awarded an options package worth more than $750 million.
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