New Delhi, May 6: Elon Musk, on Monday, invited billionaire investor Warren Buffett to come and invest in Tesla, which is facing tough times amid global slowdown in EV sales. Replying to an X user who posted that Berkshire Hathaway owner should sell all his shares in Apple and buy Tesla instead, the electric car company owner responded that it is an "obvious move" for him.

"He (Buffett) should take a position in Tesla. It's an obvious move," posted the X owner. Buffett's Berkshire Hathaway has a stake in Chinese EV maker BYD but not in Tesla. Last weekend, in response to a post quoting Buffett's advice about the importance of spending time with loved ones, Musk replied that he would love to spend the last day of his life with his kids. Twitter Founder Jack Dorsey Steps Down From Bluesky Board, Search for New Board Member Begins.

Tesla CEO Elon Musk Saying Warren Buffett Should Invest in Tesla:

Musk had even invited Buffett to invest in Tesla early on, when the company was worth 0.1 per cent, or less than $7 billion, from what it is today. "Too bad he didn't invest in Tesla when it was 0.1 per cent of today's value," Musk posted on X recently. X New Feature Update: Elon Musk’s Platform Introduces ‘Stories’ Feature Powered by Grok AI for Premium Users.

The tech billionaire is trying to "reorganise" Tesla as the electric car company registered heavy losses in the January-March quarter this year. The company's net profit plunged 55 per cent to $1.13 billion from $2.51 billion in the year-ago quarter.

(The above story first appeared on LatestLY on May 06, 2024 11:30 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).