09 Jun 2014 Tesla's Musk summons Warren Buffett logic

"I try to avoid watching the day-to-day share price, because it's somewhat distracting," he told CNBC.

"People try to really read the tea leaves, even though there's really not enough information to make conclusions. And then they'll get exuberant, and then depressed. I mean, as Warren Buffet said, dealing with the market is like dealing with a manic depressive."

"There is a lot of optimism priced into the shares and we need to execute very well over the next few years in order to justify that stock price."