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Elon Musk Laughs At Warren Buffett: What Did The Oracle Of Omaha Say?

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has mocked Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) Chairman Warren Buffett

Benzinga · 05/01/2022 13:18

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has mocked Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) Chairman Warren Buffett after his recent annual shareholder meeting. 

Buffett attacked Bitcoin (CRYPTO: BTC) while answering an audience question about the apex cryptocurrency. 

Musk was responding to a video clip on Twitter, posted by crypto-backing venture capitalist Marc Andreessen, saying Buffett repeatedly referenced Bitcoin in the clip. 

MicroStrategy Inc (NASDAQ:MSTR) CEO and Bitcoin bull Michael Saylor also noted Buffett's comments.

Also Read: This Celebrity Has Owned Berkshire Hathaway Shares For 25 Years And Claims He Is Related To Warren Buffett

Andreessen called it "wild" that Buffett can attack Bitcoin "while nakedly shilling diabetes," referred to Buffett with boxes of See's Candies on stage during the meeting. 

Berkshire Hathaway, incidentally, purchased See's Candies in 1972, and Buffett has called See's a "dream business." In 1982, he was offered $125 million for See’s, five times the $25 million he’d paid for it a decade earlier, but declined the offer.

Others in the Bitcoin community also responded to Buffett's remarks, pointing out his current connection to the crypto.  

Photo: Created with images from Heisenberg Media and Fortune Live Media on Flickr