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
hasn’t aided.
