Tesla CEO Elon Musk.

Musk has ‘room for improvement’: Warren Buffett

April 13, 2019

Tesla CEO Elon Musk who is known for creating controversies via tweets, has “room for improvement,” billionaire investor Warren Buffett has said…reports Asian Lite News

Tesla CEO Elon Musk.

“I think he has room for improvement, and he would say the same thing,” Buffett told Yahoo Finance in an interview.

Warren Buffett, 88, is CEO of Berkshire Hathaway.

“It’s just, some people have a talent for interesting quotes and others have a little bit more of a blocker up there that says ‘this could get me into problems’,” Buffett was quoted as saying.

“I just don’t see the necessity to communicate (on Twitter),” Buffett said.

Buffett, however, added that Musk is “a remarkable guy”.

A US District Court judge earlier this month asked electric car-maker Tesla, its CEO Elon Musk and the Securities and Exchange Commission (SEC) to iron out their differences within two weeks and come with a new resolution.

The federal judge Alison Nathan told Musk: “Take a breath. Come back with your reasonableness pants on.”

In August 2018, the US SEC filed a lawsuit against Musk after he tweeted that he was considering taking the company private.

Musk and Tesla later settled with the SEC. Tesla agreed to pay a $20 million fine and Musk stepped down as Tesla Chairman for at least three years.

Previous Story

‘Photograph’ heads to New York Indian film fest

Next Story

Facebook ‘plans’ to bring chat back into main app

Latest from ASIA NEWS

‘FAMINE’

UN Secretary-General Antonio Guterres says living situation in Gaza can be described as “famine”…reports Asian Lite News United Nations (UN) Secretary-General Antonio

Arab fury at Israel’s land grab

Arab League and world powers condemn Israel’s E1 settlement approval, warning it threatens a Palestinian state, breaches international law, fuels instability, and