Musk is the CEO of the company.
The pool has a person named Britta Pedersen.
Musk said he wouldn't want to do the job. He also defended the CEO of the company, and praised the investor's knack for capital allocation.
Musk told Time that he was not a fan of Warren Buffet. He sits there and reads the boring reports.
See's Candies is one of the businesses owned by the company, and it holds billions of dollars in stakes in Apple, Coca-Cola, and other companies. Warren Buffet spends his days allocating money within the conglomerate and identifying undervalued stocks to add to his $300 billion stock portfolio.
Does anyone want that job? Musk asked. Most people don't. I don't want that job.
"But he's not consuming a lot of things," the CEO said. He's got a high net worth, but he's doing a useful job for the economy and should probably keep doing it.
A ProPublica investigation earlier this year named and shamed billionaires like Musk, and accused them of not paying federal income taxes in recent years. Democrats are calling for a "billionaire tax" that would target the ultra-wealthy's fortunes, especially those invested in stocks that currently aren't taxed until they're sold.
He said that he has pledged to give 99% of his net worth to philanthropic causes, and that he has already donated half of his nearly 475,000 "A" shares. Musk accused the politicians of trying to take control of private individuals' assets by pushing for higher taxes on the ultra-wealthy.
Musk has expressed ambivalence towards Buffett in the past, but this is the first time he's applauded the investor's abilities or acknowledged the value of his work. The boss of the company has praised Musk's accomplishments before, but also called him out on his controversial statements.
The most public clash was over the investor's idea of competitive "moats" around companies, which Musk dismissed as "lame".
"Elon may turn things upside down in some areas," he said when asked about the comment. I don't think he'd want us to eat candy.
"I'm starting a candy company and it's going to be amazing," Musk joked.
Business Insider has an original article.
