_tesla-ceo-elon-musk-says-warren-buffett-should-invest-in-tesla-following-comments-at-berkshire-hathaway-annual-meeting.jpg "Tesla CEO Elon Musk Says Warren Buffett Should Invest in Tesla Following Comments at Berkshire Hathaway Annual Meeting. \ from offset banking Video Screenshot Preview")
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⏲ Duration: 0:43
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✓ Published: 08-May-2024
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✓ Published: 08-May-2024
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Warren Buffett discussed the risk that autonomous vehicles might pose to auto insurers by reducing accidents at Berkshire Hathaway's annual meeting. He acknowledged that fewer accidents would be beneficial for society. Executive Ajit Jain added that while accident frequency may decrease, the repair costs per accident could increase, potentially offsetting the reduced volume of accidents. Elon Musk responded on Twitter that Buffett should take a position in Tesla, saying, \
Warren Buffett discussed the risk that autonomous vehicles might pose to auto insurers by reducing accidents at Berkshire Hathaway's annual meeting. He acknowledged that fewer accidents would be beneficial for society. Executive Ajit Jain added that while accident frequency may decrease, the repair costs per accident could increase, potentially offsetting the reduced volume of accidents. Elon Musk responded on Twitter that Buffett should take a position in Tesla, saying, \
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