Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business

Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business

 


Becky Quick from CNBC interviewed Charlie Munger recently.  Munger says “I was certainly surprised that Tesla did as well as it did."

He goes on to say, “I do not equate Tesla with bitcoin. Tesla has made some real contributions to this civilization. Elon Musk has done some good things that others couldn’t do.”

Tesla became one of the most valuable companies in the world, with a market capitalization over $600 billion. The carmaker delivered 343,000 vehicles in the last quarter.

Read the full article here:

Charlie Munger calls success of Elon Musk's Tesla a 'minor miracle' in car business (cnbc.com)

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