Buffett’s Berkshire Chases Musk’s Tesla on Sector Price

Watch out, Elon, Warren is catching up. With the drop in shares of

Tesla

this yr, the market benefit of

Berkshire Hathaway

is hot on the heels of the electric-car or truck leader.

Berkshire, led by longtime CEO Warren Buffett, is demonstrating its defensive attributes in a bear current market, with its class A shares up .3% this year, versus an 18% tumble in the

S&P 500

Tesla inventory is off some 35%, reflecting disappointment on automobile deliveries and a pullback in expansion stocks CEO Elon Musk’s pursuit of

Twitter

hasn’t aided.

Watch out, Elon, Warren is catching up. With the drop in shares of

Tesla

this yr, the market benefit of

Berkshire Hathaway

is hot on the heels of the electric-car or truck leader.

Berkshire, led by longtime CEO Warren Buffett, is demonstrating its defensive attributes in a bear current market, with its class A shares up .3% this year, versus an 18% tumble in the

S&P 500

Tesla inventory is off some 35%, reflecting disappointment on automobile deliveries and a pullback in expansion stocks CEO Elon Musk’s pursuit of

Twitter

hasn’t aided.