Elon Musk Responded to Charlie Munger's Criticism

Elon Musk responded to Charlie Munger's criticism. Musk pointed to Munger's negative prediction about the Tesla company.

Famous billionaire Charlie Munger, vice president of Berkshire Hathaway, made harsh comments about cryptocurrencies. Tesla CEO Elon Musk did not remain silent on this comment. Elon Musk responded to Charlie Munger on Twitter. Famous billionaire Charlie Munger, in his post, compared cryptocurrencies to a disease and expressed his pride in not investing. He also said that cryptocurrencies should be banned. Tesla CEO Elon Musk was quick to respond to controversial comments about cryptocurrencies made by Munger. Elon Musk responded as follows: "I was at a lunch with Munger in 2009 where he told the whole table all the ways Tesla would fail. Made me quite sad, but I told him I agreed with all those reasons & that we would probably die, but it was worth trying anyway." This response by Elon Musk to Charlie Munger received a lot of comments from crypto investors, including MicroStrategy CEO Michael Saylor and Dogecoin co-founder Billy Markus.