As soon as Buffett's shareholder meeting came to an end, Tesla CEO Musk called out from afar for Buffett to invest in Tesla.

On Sunday, Galileo Russell, former non-executive director of electric vehicle startup Arcimoto, urged Buffett to sell his Apple stock and buy Tesla stock on social media X. Musk replied to the post in agreement.

"He should take a position in Tesla," Musk wrote. "lt's an obvious move."

As is well known, Buffett invested in Chinese electric vehicle company BYD at the suggestion of his most important deputy, Charlie Munger. As BYD grew to become an important force in the electric vehicle industry, Buffett began to gradually sell off his holdings in BYD. Buying low and selling high, Buffett's investment in BYD can be said to be a great success.

In contrast, Munger is not very interested in Tesla.

And this also seems to be Musk's regret. Last February, Musk mentioned on X, "Munger could've invested in Tesla at ~$200M valuation when had lunch with him in late 2008."

And until Munger passed away in November last year, he did not recommend Buffett to buy Tesla.

Buffett has also expressed multiple times in the past two years that he is not interested in investing in the electric vehicle industry. At last year's shareholder meeting, Buffett said, "For a long time, Charlie and I have felt that the automotive industry has been too difficult. In this industry, there will be many competitors from all over the world, and they will not disappear. It seems that there will always be winners, but this does not give you a permanent position."

Munger also believes that entering the electric vehicle industry will bring huge capital costs and risks. He said, "I don't like huge capital costs and huge risks."

In the past year, the entire electric vehicle industry has been facing the dilemma of weak demand, which has made the "stock god" Buffett stay away from the electric vehicle industry. As a leader in the electric vehicle industry, Tesla is inevitably facing a continuous decline in sales.

At this year's shareholder meeting, when asked if he would invest in the new energy vehicle industry, Buffett said, "I don't think we will pay too much attention to the new energy vehicle field for now because we don't think this track can determine the final winner now."

And Tesla's current situation is also verifying this statement. At the end of last year, Tesla was overtaken by BYD and handed over the title of global pure electric sales champion, but it regained this title in the first quarter of this year. But everyone knows that the competition between the two will not end, because no one has currently shown a crushing advantage.

From Buffett's heavy holdings, it can be seen that he prefers companies with significant advantages in his industry, such as Apple and Coca Cola. However, Tesla has clearly not yet demonstrated this trait.

And recently, Tesla disbanded the entire supercharging team, which also dampened investor interest in investing. Tesla's overcharging has long been considered a major strategic advantage of the company. Tesla's abandonment of the supercharging team also means abandoning a potential profitable project.

Furthermore, recent information revealed by Musk indicates that Tesla will begin to focus on autonomous driving technology, including FSD and Robotaxi. Currently, Buffett still holds a cautious attitude towards autonomous driving.

Buffett believes that autonomous driving technology will reduce the occurrence of accidents or reduce costs, but it is still quite difficult now. But he also believes that we should look at it from a developmental perspective, just like when Uber first started, many companies thought it was impossible to succeed, but it ultimately proved to be feasible. "So some things may have been priced incorrectly at the beginning, but then they become right."

In terms of the stock value of individual stocks, Tesla's expected return for next year is currently 56 times, which is not very attractive for value conscious investors like Buffett. Buffett is famous for looking for undervalued companies, but at present, the market widely believes that there is no small foam in Tesla stock.

However, although Tesla is currently not favored by Berkshire Hathaway under Buffett's leadership, it is unknown whether Buffett's successor may be interested in Tesla. Buffett stated at the latest shareholder meeting that Greg Abel, the current Vice Chairman of Berkshire Hathaway, should be responsible for guiding Berkshire's investments after his death.

Musk has repeatedly said that Tesla should not be viewed solely as an electric vehicle company, but rather as an artificial intelligence/robotics company. Let's wait and see if Abel will be interested in Tesla.