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Berkshire AGM 2023 Highlights: Warren Buffett on Elon, EVs, Apple

The Art of Value

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The Future of the Car Industry

Ferrari is the exception there. As he implied, it's a limited number of cars. They have pricing power. But most car companies aren't like that. Arguably Tesla is different. It's not a business where we find it fascinating to be in. We like our dealership operation but I don't think I can tell you what the auto industry will look like five or ten years from now.

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