WillTesla, Inc.'s(NASDAQ:TSLA)full self-driving technologypose a risk to the prospects of one ofBerkshire Hathaway, Inc.'s(NYSE:BRKA) (NYSE:BRKB) portfolio companies? Billionaire investorWarren Buffettwas asked this question at the company's annual shareholder meeting on Saturday.
Tesla A Risk To GEICO?An investor in bothElon Musk's Tesla and Berkshire posed a question to Buffett: If Musk succeeds in reducing accidents by 50% compared to human drivers with Full Self-Driving (FSD), wouldn't auto insurance rates decrease to reflect the reduced underwriting risk? The investor also asked the investment...
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