Elon Musk, the billionaire leading X has reportedly extended an invitation to Warren Buffett, renowned billionaire investor, to consider investing in Tesla. Musks initiative comes amidst challenging times for the company, as it navigates a global slowdown in electric vehicle (EV) sales.In response to a post by a user on X suggesting that Berkshire Hathaway owner Buffett should divest from Apple and instead invest in Tesla, Musk endorsed the idea, deeming it an obvious move for Buffett to make. He (Buffett) should take a position in Tesla. Its an obvious move, Musk stated on X.While Buffetts Berkshire Hathaway holds a stake in Chinese EV manufacturer BYD, it has notably abstained from investing in Tesla. He should take a position in Tesla. Its an obvious move.— Elon Musk (@elonmusk) May 6, 2024In a recent exchange on X, Musk responded to a post quoting Buffetts advice on the importance of spending time with loved ones, expressing his own desire to spend his last day with his children.Musk previously extended an invitation to Buffett to invest in Tesla during the companys early stages when its valuation was significantly lower, lamenting Buffetts missed opportunity. Too bad he didnt invest in Tesla when it was 0.1 per cent of todays value, Musk remarked on X.Amid Teslas efforts to weather financial challenges, Musk has undertaken a reorganization of the company. Tesla reported substantial losses in the January-March quarter of this year.Notably, Teslas Supercharger network aims to onboard major automakers like Ford and General Motors, offering them access to its connectors and the North American Charging Standard (NACS) technology, which is increasingly adopted across the industry.The reorganization efforts include directives sent via email to senior staff, wherein the Tesla CEO instructed them to either terminate employees who do not meet the standards of excellence, necessity, and trustworthiness or encourage them to resign.
