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.”
For access to live and exclusive video from CNBC subscribe to CNBC PRO:
» Subscribe to CNBC TV:
» Subscribe to CNBC:
» Subscribe to CNBC Classic:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:
Xem thêm Bài Viết:
- [Giftcode FreeFire] Nhập Code FF Miễn Phí Không Giới Hạn Nhận Quỷ Dạ Xoá Vĩnh Viễn
- Trấn Thành quỳ lạy với pha xử lý "lược tàng hình" mặn mà của Lý Nhã Kỳ | Ơn Giời Cậu Đây Rồi Mùa 7
- TROLLS WORLD TOUR | OFFICIAL TRAILER
- Hồ Ngọc Hà lộ bụng bầu, mang thai đôi sau 3 năm yêu Kim Lý
- Giá xăng dầu hôm nay 22/5: Giá dầu Brent tăng hơn 1% nhờ dự trữ dầu Mỹ giảm, nhu cầu phục hồi