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Watch Out, Tesla. Berkshire Hathaway Is Now Worth as Much as Elon Musk’s EV Maker.

Por: MarketWatch Business October 24, 2022

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Berkshire, led by longtime CEO Warren Buffett, is demonstrating its defensive attributes in a bear market with its class A share down about 4.7% this year to—against a nearly 21% decline in the index. Tesla stock is off 43%, reflecting some recent disappointment on vehicle deliveries and the sharp pullback in growth stocks. CEO Elon Musk’s pursuit of (TWTR) hasn’t helped. Berkshire sits on what Buffett, 92, calls a Fort Knox balance sheet... + full article



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