Elon Musk: 'I'm not Warren Buffett'

Tesla CEO Elon Musk has no intention of combining his companies into a single parent corporation like Berkshire Hathaway.

During this week's earnings conference call, Musk was asked if, given his pending acquisition of Twitter and his shares in SpaceX, Neuralink, and Tesla, would there be any benefit from having them operate under a single structure, just as Google created Alphabet.

He didn't sound dismissive of Warren Buffett (this time), but he did draw a distinction as he said he has no plans for an "umbrella."

"It's not clear to me what the overlap is. It's not zero, but it's -- I think we're reaching.

"I'm not Warren Buffett. I'm not an investor. I'm an engineer and a manufacturing person and a technologist.

"So, I actually work and design and develop products. That's what I do."

BUFFETT AROUND THE INTERNET

Some links may require a subscription

• CNBC.com: Warren Buffett-backed BYD pops more than 5% after Chinese EV maker forecasts surging profits

• CNBC.com: (Berkshire)-backed digital bank Nubank to launch its own cryptocurrency in Brazil

• MarketWatch (subscription): Want to keep beating the S&P 500 and at much lower risk? Bet on Buffett, and perhaps this younger clone, says fund manager.

• Wall Street Journal (subscription): $228 Million Privacy Ruling Against (Berkshire's) Rail Giant Is ‘Wake-Up Call’ for Third-Party Risk

• The Motley Fool: Warren Buffett has billions in Apple shares. Here’s why I disagree with him

• Financial Times (video): Warren’s way: behind Buffett’s buying spree | FT Due Diligence

BERKSHIRE STOCK WATCH

BERKSHIRE'S TOP U.S. STOCK HOLDINGS - Oct. 21, 2022

Berkshire's top holdings of disclosed publicly-traded U.S. stocks, and BYD, by market value, based on today's closing prices.

Holdings are as of June 30, 2022 as reported in Berkshire Hathaway’s 13F filing on August 15, 2022, except for:

• Apple, Bank of America, Chevron, and U.S. Bancorp, which also include shares held as of June 30, 2022 as disclosed in New England Asset Management’s 13F filing on August 15, 2022
• BYD, which is as of September 1, 2022
• Occidental Petroleum, which is as of September 28, 2022

The full list of holdings and current market values is available from CNBC.com's Berkshire Hathaway Portfolio Tracker.

QUESTIONS OR COMMENTS

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-- Alex Crippen, Editor, Warren Buffett Watch