Elon Musk Recalls How a Billionaire Said “Tesla Will Fail” in 2009

Elon Musk is counted among the richest people in the world today.

Elon Musk has revealed that billionaire investor Charlie Munger once told him and several others that Tesla would fail. The Tesla CEO was responding to a tweet about Munger’s comments on cryptocurrencies. Mr Munger, the vice president of Berkshire Hathaway, reportedly compared the cryptocurrency to a “venereal disease”.

Responding to a tweet on his comments, Elon Musk, a crypto supporter, recalled the time when the Berkshire Hathaway vice president counted all the ways Tesla failed. The incident happened during lunch in 2009.

“I was at lunch with Munger in 2009, where he told the whole table how Tesla would fail,” Elon Musk wrote on Twitter. “I felt very sad, but I told him I agreed with all those reasons and we would probably die, but it was worth a try nonetheless,” he said.

Tesla is counted among the top automakers in the world today and the company’s founder Elon Musk is one of the richest people in the world.

Elon Musk is a well-known cryptocurrency proponent, whose company Tesla bought $1.5 billion worth of bitcoin last year. He too revealed That his privately owned aerospace company SpaceX also owns bitcoin.

On the other hand, 98-year-old Charlie Munger has long been a critic of cryptocurrencies. “I don’t think it’s good that our country is going crazy about bitcoin and the like,” he said. yahoo news, “I hate it.”

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