Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The late longtime Berkshire Hathaway Vice Chair Charlie Munger didn't need to dislike a business to stay away from it. Sometimes, he simply decided it belonged in the "too hard" pile. Tesla and SpaceX CEO Elon Musk was a perfect example. Munger respected what Musk had accomplished, but he wasn't interested in taking the same risks that helped get him there. The two had a history that went back to Tesla's early days. "I was at a lunch with Munger in 2009 where he told the whole table all the ways Tesla would fail," Musk wrote on X in 2022.
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