Elon Musk has a mixed view of Warren Buffett, calling his job "super boring" and his "moat" strategy lame, emphasizing innovation over traditional advantages, yet acknowledging Buffett's skill in capital allocation and even wanting him to invest in Tesla, showing a mix of disdain for the finance world and respect for Buffett's results. Musk prefers "making stuff" over finance/law, finding Buffett's focus on annual reports dull, but respects the capital allocation skills and fortune.
Tesla CEO Elon Musk has never been shy about speaking his mind, especially when it comes to billionaire investor Warren Buffett. Over the years, Musk has taken repeated jabs at the legendary investor, calling his job boring and his “kindly grandfather” image overhyped, as per a report.
Charlie Munger, Warren Buffett's closest partner in business and life, passed away on November 28, 2023, just weeks before his 100th birthday.
Li Lu has been known as the man who introduced the Chinese battery and electric car maker BYD Company to Charlie Munger and Warren Buffett. He is an informal advisor to BYD.
Before embracing Donald Trump in 2024 election cycle, Musk was known to have supported Barack Obama, Hillary Clinton, and even Joe Biden in 2020. In 2014, Musk described himself politically as "half Democrat, half Republican" and "somewhere in the middle, socially liberal and fiscally conservative".
In July, Trump reacted to Musk and the proposed America Party by describing Musk as "off the rails" on Truth Social, while Musk criticized the Trump administration response on the Jeffrey Epstein case.
Elon Musk donated over $288 million to support Donald Trump and other Republicans in the 2024 election cycle, primarily through his own super PAC, America PAC, making him a major political financier. While he gave millions directly to Trump-aligned super PACs like MAGA Inc. and party committees, most funds went to America PAC for get-out-the-vote efforts in swing states, with significant contributions coming in late 2024.
Warren Buffett's #1 rule of investing is famously simple and stark: "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.". This principle emphasizes capital preservation and avoiding significant losses, suggesting that protecting your principal is more crucial for long-term wealth building than chasing high, risky returns. It means focusing on buying good businesses at fair prices, understanding what you invest in, and being disciplined to prevent large, permanent losses, even if it means missing out on some fast gains.
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Elon Musk disclosed he has Asperger's syndrome (now considered part of Autism Spectrum Disorder) during his May 2021 Saturday Night Live monologue, noting it explains his sometimes unusual behavior and intense focus, with his mother also confirming his traits since childhood. While Asperger's isn't a formal diagnosis anymore, it highlights his challenges with social cues and literal thinking, which he frames as strengths in his work, alongside potentially related mood shifts mentioned in biographies, though he tweeted about bipolarity without a formal diagnosis.
For Elon Musk, 42 primarily signifies a nod to Douglas Adams' The Hitchhiker's Guide to the Galaxy, representing the "Answer to the Ultimate Question of Life, the Universe, and Everything," but also serves as a reminder to keep asking better questions about humanity's future, with SpaceX Starship's design incorporating it as a philosophical Easter egg. He uses it to link deep space exploration with existential inquiry, urging consciousness expansion to understand life's true meaning, beyond just the number.
Elon Musk's famous quotes often center on innovation, persistence, failure as learning, and big-picture thinking for humanity's future, emphasizing working extremely hard, questioning the status quo, and pursuing world-changing goals like multiplanetary life, with memorable lines like, "When something is important enough, you do it even if the odds are not in your favor," and "Failure is an option here. If things are not failing, you are not innovating enough".
In May 2022, Musk stated that the Democratic Party had become the "party of division and hate" and that he would vote for Republicans, later urging voters vote for Republicans in that year's midterm elections in order to counter a Democratic presidency.
Morgan Stanley, which has a $2.3-trillion wealth management unit, has tripled its loans to high-net-worth individuals in the last five years. Musk has also been a client of Morgan Stanley's investment bank, hiring it and Goldman Sachs Group Inc.
Elon Reeve Musk (/ˈiːlɒn/ EE-lon; born June 28, 1971) is a businessman and entrepreneur known for his leadership of Tesla, SpaceX, Twitter, and xAI. Musk has been the wealthiest person in the world since 2021; as of December 2025, Forbes estimates his net worth to be around US$779 billion.
94-year-old Warren Buffett isn't retiring from Berkshire Hathaway and its $348 billion cash pile just yet. The billionaire will remain chairman of the board at Berkshire Hathaway when vice chairman Greg Abel takes over.