Do you know the feeling when someone says that you will fail but you show him that he was absolutely wrong? I think that is what Elon Musk felt when he responded to a retweet about Charlie Munger‘s comments on Wednesday. Munger once told that Tesla would fail.
Munger, the vice-chairman of Berkshire Hathaway and Warren Buffett’s right-hand man, said that cryptocurrency is like “venereal disease.
Since he is a crypto supporter, Tesla CEO couldn’t hold himself from responding.
“I was at a lunch with Munger in 2009 where he told the whole table all the ways Tesla would fail. Made me quite sad, but I told him I agreed with all those reasons & that we would probably die, but it was worth trying anyway.” Musk said.
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Confirmation of Tesla’s success, it’s now the world’s most valuable carmaker. Which has a market capitalization of $954.3 billion.
I was at a lunch with Munger in 2009 where he told the whole table all the ways Tesla would fail.
Made me quite sad, but I told him I agreed with all those reasons & that we would probably die, but it was worth trying anyway.
— Elon Musk (@elonmusk) February 16, 2022
Munger, the 98-year billionaire investor, commented about Musk in public before. By saying “thinks he’s even more able than he is and that’s helped him. ” He added “Never underestimate the man who overestimates himself. Some of the extreme successes are going to come from people who try very extreme things because they’re overconfident. And when they succeed, well, there you get Elon Musk.”