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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Comments

  • It was asked lol

    Vlogs With Geordann May 19, 2020 4:44 am Reply
  • Warren Buffett is actually a great example of the benefits of being born into privilege. The whole world thinks he's some a self-made man. It's not exactly true. When your father is a congressman, you have advantages that others do not.

    EtchedInStone May 19, 2020 4:44 am Reply
  • 15 seconds in, "neuranet".

    Geek Technique May 19, 2020 4:44 am Reply
  • 1,000th comment

    Owais Ismail May 19, 2020 4:44 am Reply
  • He did say how to say his son name, did you listen?

    Marina A May 19, 2020 4:44 am Reply
  • Obviously he is better business minded then anyone who will read my silly comment why to go guy

    Jeff Marflak May 19, 2020 4:44 am Reply
  • I like Musk but I'm feeling like he's getting a little arrogant when he talks about Buffet.

    Chris Lee May 19, 2020 4:44 am Reply
  • Buffet probably thinks Tesla is overvalued if that means anything to all of you, lol

    Steve Rapos May 19, 2020 4:44 am Reply
  • I agree 100% with Elon. Warren Buffoon is a parasite, who makes money from moving money around, whereas Elon PRODUCES stuff. I have no respect for Warren and never will

    Jack Kemp May 19, 2020 4:44 am Reply
  • He explained his childs name in that very show and you still disrespected it smh

    Eternal Khajiit May 19, 2020 4:44 am Reply
  • Buffet is a loser and Elon musk is a loser !! I’m a winner because I got y’all taxpayers paying for my welfare every month !! I just sit back in section 8,smoke weed,watch tv,and get money mail to me every month

    Anthony W May 19, 2020 4:44 am Reply
  • waiting for the day cable news outlets become obsolete

    rsdntevl May 19, 2020 4:44 am Reply
  • I like this guy. Elon is not a ass kisser. He goes against the grain. You got my vote should you run for President. Another Trump in the making.

    Allan Weisman May 19, 2020 4:44 am Reply
  • Mainstream media makin mountains out of moleholes…

    PB&J Racing • 13 years ago May 19, 2020 4:44 am Reply
  • Elon is an American Hero!

    Unholykill333 u May 19, 2020 4:44 am Reply
  • ahhhaha so transparent

    The Idea Of May 19, 2020 4:44 am Reply
  • It’s neuralink not “neural net”

    Raydio Show May 19, 2020 4:44 am Reply
  • It's kinda scary how the news creates their own own context. Musk didn't answer that question to justify the difference between himself and Warren Buffet he answers Rogan question in the context of what drives him, of course his passion for building things. I hate how they just cut the clip there as if Musk throwing shade…I only clicked the video to verify..that's sh*** funny

    Kelvin Hansen May 19, 2020 4:44 am Reply
  • Why did comments move

    jas rai May 19, 2020 4:44 am Reply
  • That’s really true Buffett’s job is boring

    Amit Nair May 19, 2020 4:44 am Reply
  • This news anchor sounds more like Conan O’Brien.. while not displaying at his face 😂!

    Neel Shah May 19, 2020 4:44 am Reply
  • Didn't elon needed funding when he started out …..like of buffet are the one who evaluates his idea and enables him to do what he wants to do ….i am a big fan of elon but i guess he is losing his marbles

    anubhav srivastava May 19, 2020 4:44 am Reply
  • Hasn’t Tesla lost money overall? Does anyone know how much?

    Scottinuk May 19, 2020 4:44 am Reply
  • just open the podcast and look at comments. there are time stamps about every topic they talked. you can simply click and listen the interesting ones. no need for this stupid outdated media.

    Mert Çuhacı May 19, 2020 4:44 am Reply
  • "one of the more interesting things he talked about was the shelter in place orders". Elon was talking about how he's developing computers he plans to link to peoples brains to potentially be able to cure every mental illness and essentially create cyborgs. How tf is his opinion about a shelter in place law more interesting?

    Jack Joseph May 19, 2020 4:44 am Reply
  • It was asked the reporter didn't even do his homework

    Brian and Jen May 19, 2020 4:44 am Reply
  • Annoying..misses the point and the context Elon was making… no wonder the man gets angry!,

    Prakash Singh May 19, 2020 4:44 am Reply
  • Dude the economy is based on immigration people need to move !!!!!!!!!!!!!

    win winter May 19, 2020 4:44 am Reply
  • The old people don't know

    win winter May 19, 2020 4:44 am Reply
  • Everybody needs to make money sister Elon musk is smart enough to know that he needs 6ft of distance and the hospital trends people that stay home gets the virus

    win winter May 19, 2020 4:44 am Reply
  • You old folks don't know don't know your numbers this is why the economy keeps doing bad with you people

    win winter May 19, 2020 4:44 am Reply
  • Buffett is wrong why are going to ball out on the airline industry dude people still need to travel and only you are going for how many people is on an airplane airplane are valuable with people or without people !!!!!!!!!!!!!!!!!!!!!

    win winter May 19, 2020 4:44 am Reply
  • First question asked, homeboy just cribbed someone else’s notes

    Justin Kindler May 19, 2020 4:44 am Reply
  • Likes are lower than the dislikes lmao

    Wascally Wabbit May 19, 2020 4:44 am Reply
  • News have become more like TMZ .

    David Gonzalez May 19, 2020 4:44 am Reply
  • "Why A-12 over A-10?" … A-12 is the name of a plane, you mouth-breather

    Nick Chilson May 19, 2020 4:44 am Reply
  • the world needs innovators with ethics, values of moral instead someone that has ties with a corrupted administration and get benefits of it that is a disgrace human being

    katherine luciany May 19, 2020 4:44 am Reply
  • Who’s this lazy clown, he took what Musk said out of context

    Even Wang May 19, 2020 4:44 am Reply
  • Of course because one(Buffett) is the world's biggest moneymaker and (Elon) is the world's biggest moneyloser

    Sourish Saha May 19, 2020 4:44 am Reply
  • Elon musk is obviously jealous. Warren Buffet is the greatest invester in human history and is 10x richer than Elon musk!

    Robert Jr May 19, 2020 4:44 am Reply

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