Berkshire Hathaway’s market cap is back to larger than Tesla by $150 billion. A year ago Tesla was “worth” more than two Berkshires. Since then Tesla’s shares are down 59% while Berkshire’s are up 8%. At present, Berkshire’s annual profit equals 2/3 of Tesla’s annual revenues.
— Christopher Bloomstran (@ChrisBloomstran) November 22, 2022