Elon Musk: I am not Buffett's biggest fan



Elon Musk spoke with Joe Rogan and here some of the highlights from the two-hour podcast.

Tesla CEO Elon Musk said that fewer people should start careers in finance and law and instead focus on innovation.

“In the United States especially, there’s an over allocation of talent in finance and law. Basically too many smart people go into finance and law,” Musk said in an interview with the comedian Joe Rogan that aired Thursday.

When asked by Rogan if being a billionaire makes people see him in a different light, Musk said yes.

“In recent years, billionaire has become a pejorative, like that’s become a bad thing, which I don’t think makes a lot of sense in most cases,” Musk said.

But he distinguished people who became rich by founding a company that builds things, versus those who earned their wealth through financial engineering or other means. “If you organize people in a better way, to produce products and services that are better than what existed before and you have some ownership in that company, that essentially gives you the right to allocate more capital.”

“So this is both a compliment and a criticism,” Musk added. “We should have fewer people doing law and fewer people doing finance and more people making stuff.”

Musk said that manufacturing shifted from being a highly valued job to one that’s “looked down upon,” though the value is there.

“Making a car is an honest day’s living, that’s for sure,” Musk said.

The CEO also addressed his recent vow on Twitter to sell the majority of his physical possessions, which he said weigh him down.

“I have a bunch of houses, but I don’t spend a lot of time in most of them. That doesn’t seem like a good use of assets. Somebody could probably be enjoying those houses and get better use of them than me.”

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32 Comments

  • Google User
    Posted May 10, 2020 6:59 am

    Elon Musk, used to be a fan until I realized he was just another giant kid with too much money. 🤭

  • ScienceGuy
    Posted May 10, 2020 6:59 am

    I agree. Warren buffet seems like such a boring old troll. Bookish and uncool. Seems like the kind of man who would have never been good in bed. He looks like a weasel.

  • ScienceGuy
    Posted May 10, 2020 6:59 am

    Elon is cool and all but come on that baby name is so stupid. Just give your kid a normal name.

  • Weina Zhang
    Posted May 10, 2020 6:59 am

    He is right!

  • austin samaan
    Posted May 10, 2020 6:59 am

    So these are news outlets that are informing americans…things are starting to make sense

  • austin samaan
    Posted May 10, 2020 6:59 am

    This news headline is a joke

  • Justin
    Posted May 10, 2020 6:59 am

    I don't always like everything Elon says (not talking about this video by the way), but I love how he's not the conventional rich guy

  • Mark Nordhausen
    Posted May 10, 2020 6:59 am

    2:25 what great reporting. That was literally the first question of the podcast. One first things Joe Rogan asked was how do you pronounce the first name of your new child. These people are a Joke.

  • John Leeper
    Posted May 10, 2020 6:59 am

    Warren Buffett is boring both personally and professionally, his money is exciting, the facts of his life are paint drying.

  • The Sprinkler Guy
    Posted May 10, 2020 6:59 am

    Well I'm with him on covid-19… We went too far without knowing all the facts. With death toll and New York testing a batch of 3000 and finding 21% already had/have antibodies means it's only a 0.2% to 0.5% mortality rate… 2x-5x more deadly then influenza.

  • Neil Baylard
    Posted May 10, 2020 6:59 am

    Great somebody isn’t brainwashed by the media on how great Warren Buffet is!

  • Ashley Y
    Posted May 10, 2020 6:59 am

    i wonder what will happen to these mainstream type of reporters once the older "boomer" generation finally dies. because that age range is the only people that actually listen to these people still and take what they say as actual news. The rest of us do our own research and know the truth of what was said. I can't wait until the mainstream news undergoes a reformation.

  • Mike Allen
    Posted May 10, 2020 6:59 am

    That was asked, are they stupid or just didn’t actually watch the podcast?

  • Gi
    Posted May 10, 2020 6:59 am

    It is boring, it’s just about money.. it’s not about advancing society or inventing or anything worth living for but selfish interest

  • Weasel Worm
    Posted May 10, 2020 6:59 am

    Yeah creating wealth for his investors and long time stability for his corporations and donating MILLIONS to charity is boring. It would be such much more exciting to only do whatever YOU want to do no matter the consequences, right Elon?

  • Tk Hannibal
    Posted May 10, 2020 6:59 am

    Guess the host does Open Mics on Wednesdays at Corny Lounge

  • B-ROCK
    Posted May 10, 2020 6:59 am

    Wow at 0:35 of the podcast Rogan asked how to pronounce elons kids name. Bad journalism

  • Bob Vila
    Posted May 10, 2020 6:59 am

    Wtf even is this? How do you make a news segment out of a passing comment from a 2 hour long podcast that you clearly didn't even watch?

  • Tk Hannibal
    Posted May 10, 2020 6:59 am

    What are these people doing with their lives that will be remembered for decades.

  • dik2bik
    Posted May 10, 2020 6:59 am

    Pronouncing the kid's name was THE FIRST QUESTION THAT WAS ASKED you lazy twats

  • datguy729
    Posted May 10, 2020 6:59 am

    lol news is getting their information from Joe Rogan now.

  • Sacky Jeweiny
    Posted May 10, 2020 6:59 am

    Good job CNBC, this is news worthy🍑💩👈🏻

  • Gohan Dbz
    Posted May 10, 2020 6:59 am

    Reporters don’t ever appear like they care about anything more than 5 minutes ahead of them…

  • Joshua Michaels
    Posted May 10, 2020 6:59 am

    It was not asked is not true

  • Joshua Michaels
    Posted May 10, 2020 6:59 am

    Joe did ask how to say the kids name

  • radwizard
    Posted May 10, 2020 6:59 am

    CBS Fake News stages fake stories. Including this story, not a big deal, but CBS staging this as something big. zzzzzz boring. JRE is for Normies anyways now.

  • JesterGnome
    Posted May 10, 2020 6:59 am

    THIS is BREAKING NEWS?! BAHAHAHAHA you guys are clowns!

  • Cousin Eddie
    Posted May 10, 2020 6:59 am

    Joe Rogan asked about the name 36 seconds into the Pod Cast… 36sec! Unreal.

  • Tk Hannibal
    Posted May 10, 2020 6:59 am

    They've always tried to bring down Elon from day one. Even the Brits on Top Gear.

  • Kurt Francisco
    Posted May 10, 2020 6:59 am

    Phil Lebeau Is not a good news source….. Elon did go over how to pronounce the name and the origin…..

  • Rayezrr
    Posted May 10, 2020 6:59 am

    wHO ASKED

  • Ritz Kennedy Roosevelt
    Posted May 10, 2020 6:59 am

    i’m really not sure why i clicked this thinking it would be about jimmy buffet.

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