Elon Musk Has More "Room For Improvement": Warren Buffett On Tweets Row

In August 2018, a US board filed a lawsuit against Elon Musk after he tweeted that he was considering taking Tesla private.

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San Francisco: 

Tesla CEO Elon Musk, who is known for creating controversies over his tweets, has "room for improvement," billionaire investor Warren Buffett said. "I think he has room for improvement, and he would say the same thing," Mr Buffett told Yahoo Finance in an interview.

Warren Buffett, 88, is the CEO of Berkshire Hathaway.

"It's just, some people have a talent for interesting quotes and others have a little bit more of a blocker up there that says 'this could get me into problems'," Mr Buffett was quoted as saying.

"I just don't see the necessity to communicate (on Twitter)," Mr Buffett said.

Mr Buffett, however, added that Mr Musk is "a remarkable guy".

A US Court District judge earlier this month asked electric car-maker Tesla, its CEO Elon Musk and the Securities and Exchange Commission (SEC) to iron out their differences within two weeks and come with a new resolution.

The federal judge Alison Nathan told Mr Musk: "Take a breath. Come back with your reasonableness pants on."

In August 2018, the US SEC filed a lawsuit against Mr Musk after he tweeted that he was considering taking the company private.

Mr Musk and Tesla later settled with the SEC. Tesla agreed to pay a $20 million fine and Mr Musk stepped down as Tesla Chairman for at least three years.



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