Legendary investor Warren Buffett stunned the financial world by revealing that Berkshire Hathaway is set to acquire Tesla for an eye-popping $1 trillion in cash. The 94-year-old mogul, often known as the “Oracle of Omaha,” has traditionally steered clear of tech stocks and electric vehicles. However, he reportedly reached out to Elon Musk personally to present this groundbreaking offer. “Though I’ve always claimed not to grasp tech companies, I’ve secretly been cruising around my Nebraska neighborhood in a Cybertruck late at night,” Buffett supposedly shared with investors during an early morning conference call on Tuesday, April 1.
This all-cash acquisition marks the largest takeover in history, eclipsing the previous record held by Vodafone’s $203 billion purchase of Mannesmann in 2000.
When asked how Berkshire could manage such a colossal purchase, Buffett joked, “I’ve been stashing the money in a shoebox under my bed.”
Analysts are baffled by this move, considering Buffett’s past preference for firms with steady cash flows and strong competitive advantages in reliable sectors.
During the call, Buffett revealed his long-hidden passion for electric vehicles, boasting that he possesses every Tesla model ever produced.
“I’ve been telling people I still drive my trusty old Cadillac, but truthfully, I’ve clocked 100,000 miles on my Model S,” Buffett said, adding with a smile, “I’ve been doing donuts in the Costco parking lot.”
Interestingly, this acquisition comes shortly after Buffett highlighted in his annual shareholders’ letter that Berkshire Hathaway was “struggling to find appealing large acquisitions.” It appears that he finally stumbled upon one.
Perhaps the most unexpected twist is that Elon Musk has agreed to stay on with the company, stepping into the unique position of “chief meme officer” while Buffett will personally manage the daily operations.
“Warren assured me I could continue tweeting freely,” Musk told reporters, “Plus, he’s providing me with unlimited Cherry Coke and See’s Candies. Have you tried those peanut brittle treats? Those little guys are amazing!”
APRIL FOOLS! This entire article is a work of satire, published on April 1, 2025. Warren Buffett has not purchased Tesla, and all statements and details presented here are purely fictional.