Elon Musk touched on Nvidia, Cybertruck, Warren Buffett, and the dangers of debt on Tesla's latest earnings call. Here's his 12 best quotes.
. In fact, if you look at the rise in credit-card debt, they're not breaking even every month. Credit-card debt is freaking scary.""I really see a path to a 5x increase in the value of the company, maybe a 10x. But where things go along the way, the trials and tribulations and the mood of the markets, one cannot predict. So the old adage of buy and hold is right.""I care a lot about the small shareholders, especially ones that have stuck with us through thick and thin.
So that's why I recommend against margin loans in times that are turbulent."has a saying: Imagine you're living in your house and some crazy, manic-depressive guy comes and stands outside your house and yells property prices at you, and it's a different price every day, but the house is still the same house. So this is a tough market." "Provided you're confident in a company's products or services, when the market panics, buy.
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