Why Isn't Warren Buffett Buying Tesla Stock Hand Over Fist Right Now?
Tesla (NASDAQ: TSLA) is a lot of things. An electric vehicle (EV) pioneer. Innovative. One of the hottest stocks of the last decade. But there's at least one thing it isn't: A Warren Buffett stock.
Buffett could probably find quite a bit to like about Tesla. CEO Elon Musk thinks that the company can grow its vehicle deliveries by an average of 50% annually "as far into the future as we can see." Tesla now boasts the highest operating margin in the entire auto industry. The future for EVs appears to be bright.
Yet Tesla's shares are down nearly 75% below their peak. Why isn't Buffett buying Tesla stock hand over fist?
Source Fool.com
