Tag: pivot
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Warren Buffett Mocks Musk’s “Insurance” Pivot
When Tesla declared during its last earnings report that it was considering entering the insurance business (because that’s clearly a natural pivot to making electric cars and batteries), some people were amazed, others weren’t. Supporters of the company, clinging to Elon Musk’s every desperate business model pivot, applauded the idea. “Great way to diversify, Elon,” they…