Warren Buffett Says He Has Spoken To Elon Musk 'A Few Times,' But Repeatedly Dodges Questions About Tesla CEO's DOGE Efforts: 'Well, I Better Not Get Into All That'

Warren Buffett, the 94-year-old chairman of Berkshire Hathaway Inc., recently deflected questions about Elon Musk‘s cost-cutting efforts in Washington, opting instead to reaffirm his unwavering faith in American businesses.

What Happened: When asked about Musk’s initiatives, Buffett repeatedly dodged the question, laughing as he said, “Well, I better not get into all that…”. He acknowledged having “talked to Elon a few times” but shook his head and declined to comment on Musk’s current efforts in Washington, during a CBS News interview aired on Sunday.

The legendary investor instead pivoted to his bullish stance on American companies. “A majority of any money I manage will always be in the United States,” Buffett stated firmly. When asked why, he responded simply: “It’s the best place. I was lucky to be born here.”

The exchange comes as Musk serves as an advisor to President Donald Trump, co-leading the Department of Government Efficiency (DOGE). Musk’s team is pushing for significant federal cost-cutting, including workforce reductions and agency restructuring.

Their different approaches to America’s fiscal challenges are stark. While Musk aggressively cuts government spending, Buffett has previously acknowledged the nation’s fiscal reality.

See Also: NBA Legend Shaq Says His Net Worth ‘Quadrupled’ Once He Took Note From Jeff Bezos And Started Investing In Things That ‘Change People’s Lives’

Why It Matters: Buffett recently revealed that Berkshire paid over $5 billion in federal taxes, noting, “If 800 other companies had done the same thing, no other person in the United States would have had to pay a dime of federal taxes.”

The two billionaires have maintained a respectful but distant relationship. In a 2020 interview, Musk said Buffett “has managed to create a great image for himself as a kindly grandfather, which is maybe overstating the case.” Buffett, however, has called Musk a “brilliant, brilliant guy” with “dedication to solving the impossible.”

Meanwhile, Buffett recently characterized tariffs as “an act of war” and a tax on consumers following President Trump’s implementation of 25% tariffs on Canadian and Mexican imports, demonstrating his continued willingness to speak candidly on economic policy matters.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.