Sign in

Wait, what! Did Warren Buffett buy Tesla for $1 trillion? Here's the truth

Warren Buffett allegedly revealed his plans to buy Tesla during a phone call with investors on April 1.

Updated on: Apr 2, 2025, 03:20:03 IST
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

Online users were shocked to learn that Warren Buffett's Berkshire Hathaway has bought Tesla for an astounding $1 trillion. A now-deleted article that was published earlier in a day claimed that the 94-year-old “Oracle of Omaha” apparently reached out to Elon Musk to make the landmark offer.

Tesla CEO Elon Musk and Warren Buffett are seen.
Tesla CEO Elon Musk and Warren Buffett are seen.

It further claimed that Buffett allegedly had a phone call with investors on April 1. “While I’ve publicly maintained that I don’t understand tech companies, I’ve secretly been driving a Cybertruck around my Nebraska neighborhood at night,” Buffet mentioned over the call, as per the article.

However, the bottom of the Yahoo New article mentioned “APRIL FOOLS!”, with a disclaimer that “This article is entirely satirical and was published on April 1, 2025. Warren Buffett has not acquired Tesla, and all quotes and information in this piece are fictional.”

‘I’m so gullible’; Netizens react to fake news

Meanwhile, X users reacted to the “spectacularly ill-advised fake article”. They blasted Yahoo News for publishing the fake story as April Fool's Day joke, saying “They have now taken down all the links to the article, but the Internet is forever.”

“This is the dumbest s**t I've ever read,” said another user.

“Has to be an April fools joke,” a third user commented, while the fourth netizen expressed her disbelief, stating: “I’m so gullible! Almost went full freak out mode.”

Also Read: DOGE to operate without Elon Musk after May? Donald Trump says ‘I think it will end’

Musk faces calls to step down as Tesla CEO

Notably, the April Fool's Day joke came as Tesla investors have urged Musk to step down from his CEO position amidst the ongoing worldwide protests against the firm.

The suggestion also appeared after Tesla stocks saw a decline of 36% in the first three months of 2025, the sharpest decrease since 2022 and the third-largest drop for a quarter in history.

Speaking to Sky News, Gerber, the CEO of Gerber Kawasaki Wealth Management, stated that Musk is obviously committed to his DOGE role in the government. Stating that he is spending most of his time with the Trump administration rather than running Tesla, he asserted, “I think Tesla needs a new CEO. The business has been neglected for too long."

  • Shweta Kukreti
    ABOUT THE AUTHOR
    Shweta Kukreti

    Shweta Kukreti has over 8 years of experience in covering Indian and world politics. She joined the Hindustan Times in 2024 and is primarily assigned to the US desk. She currently works as Deputy Chief Content Producer and reports on a wide range of topics, including US politics, immigration issues (especially H-1B visa) and major global events. Shweta strongly emphasizes team operations, which encompasses monitoring news, delegating tasks, editing, developing comprehensive coverage strategies, and crafting engaging, and data-informed narratives. She received the Digi Star Award at the Hindustan Times within a year of joining for her broad coverage of US politics. In 2025, she earned both a promotion and a redesignation, a significant achievement recognising her contributions and the strong value she brings to the team. She has previously worked with the Indian Express, HTDS, ANI and Republic World. Seniors in all the media organisations recognised her work. Regarding education, she earned a BA (Hons.) in Political Science and a master's degree from Delhi University, and she pursued a PG Diploma in English Journalism from the Indian Institution of Mass Communication (IIMC). She also holds a diploma in Women's Empowerment and Development from IGNOU University and a French certification course from Alliance Française de Delhi. If not working, you can find her exploring the hills and engaging in adventurous activities in Rishikesh and Himachal Pradesh. She loves to play badminton, volleyball, and chess, and spend time with her friends and family. She also enjoys spiritual activities.Read More

Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.