# @benzinga on TikTok

- **Type:** Video
- **Original URL:** https://www.tiktok.com/@benzinga/video/7399689075281677611
- **Gondola URL:** https://gondola.cc/posts/25293729-benzinga-tiktok
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/894fe5af1fd42e24b266a69ce1a19eeca0a6803df0d0aca0a8a485d1370b4199.jpg
- **Posted:** 2024-08-05T16:13:00.000+00:00

## Caption

Elon Musk has commented on Warren Buffett-led Berkshire Hathaway’s decision to sell about half its stake in Apple. Over the weekend, a user on X, formerly Twitter, shared the news of Berkshire accumulating a cash reserve of almost $277 billion on the platform. The user humorously suggested that Buffett could make daring, all-in investments with this cash reserve, and acquire any of these companies: Netflix, Salesforce, Toyota, Adobe, and Hermes. In response to the user, Musk said, “He [Buffett] is clearly expecting a correction of some kind or otherwise simply cannot see better investments than Treasury bills.” The tech mogul also criticized the Federal Reserve for not lowering interest rates, suggesting that the current rates are too high. “The Fed needs to drop rates. They have been foolish not to have done so already,” he stated.

## Stats

- **Views:** 51,400
- **Likes:** 311
- **Shares:** 16
- **Comments:** 8

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Benzinga | News That Moves | @benzinga | https://gondola.cc/benzinga | Brand |
| Jacob Shipley | @okcmayor | https://gondola.cc/okcmayor | Director of Social Media |

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