Wow! Who saw this coming? Legendary investor Warren Buffett has announced that Berkshire Hathaway will acquire Tesla for a staggering $1 trillion in cash. The 94-year-old “Oracle of Omaha,” long known for his disinterest in tech stocks and electric vehicles, reportedly contacted Elon Musk directly to make the unprecedented offer. Full details here: Warren Buffett Acquires Elon Musk's Tesla for $1 Trillion in Cash | GOBankingRates Mike
What will radical left wing nitwits do with their angst and spare time now? (No, Warren Buffett didn't buy Tesla, and all the other April Fools’ Day jokes we’ve caught today)
I initially misread the title & thought that was an expensive vehicle purchase! I then realized he bought the company, not just one vehicle.
April fool's!! Warren Buffett didn't buy Tesla for 1 trillion. With the depressed price due to terroristic activities - it would have been a bargain.
“Warren promised me I could still tweet whatever I want,” Musk told reporters. “Plus, he’s giving me unlimited Cherry Coke and See’s Candies. Have you tried those peanut brittle things? Love those little guys!”
Got me good, it was April 1st here yesterday ........ The wife and I were speculating if it was all of Musk's holdings, his A I and all and joked the 4 astronauts might get a buffeting on re-entry ...... T1 Terry
Lol.... There's no such thing as someone coming up with a trillion dollars in cash, especially if you're not a government. But people dumb enough to believe an April fools joke like this are people dumb enough to believe just about anything.
Even if someone were to use the largest denomination USA ever put into circulation ($10,000 bills), it would take a few large backpacks to hold a trillion dollars ..... only there weren't that many $10,000 Bills ever put into circulation. .
You're not alone. I saw this and fell for it too. I guess the biggest thing that would have tipped this off is that Warren Buffett wouldn't make a deal like that. He looks for value, and TSLA is way overvalued. Of course, if Buffett kicked out the current CEO and board of directors, TSLA might start selling cars after a while... By the way, Buffett still owes me for a fence his goons wrecked several years ago, but that's another story (and today is April 2.)
And how is this story still near the top of Google News four days later? It was a joke. One day. Remove the story, Google.
The A I says it is still getting hits, so it will stay up there till it stops getting hits .... if you scroll down to the bottom of the first page you should find something like this "Results are personalised-Try without personalisation" and see if it still shows the same results .... it's a good way to avoid going down the rabbit hole of information that seems to agree with how you think things are ..... T1 Terry
Buffet buys well managed companies whose products have a mote around them that assures future profits and minimal disruption. He buys at a price he thinks makes sense given the alternative uses of that money. Tesla has none of those characteristics ... thus it was easy to see it was a joke.