Rashid Umar Abbasi / Reuters
- Jeremy Grantham hailed Elon Musk's hype-building skills and Tesla's unlikely success.
- Musk is a "wonderful propagandist" who funded Tesla "out of bullshit and charisma," he said.
- The investor's "favorite loser story" is not investing in Tesla when it was worth a tenth as much.
Jeremy Grantham marveled at Elon Musk's promotional skills, hailed Tesla's unlikely success, and poked fun at himself for dismissing its stock as overvalued when it traded at a tenth of its current price.
"I have to tell you my favorite loser story," the GMO cofounder and market historian recently told "The Compound & Friends" podcast.