Musk caught wind of this and retweeted a story about it, along with a link from the movie Trolls, possibly because he knew he was about to troll Buffett on Twitter, big time.
Elsewhere on the call, Musk had said "no" and "I specifically don't want to" when asked about whether Tesla will need to raise capital as it ramps up production of its mass-market Model 3 sedan. And until the candy business actually comes to fruition, keep an eye out for Musk's cyborg dragon. Yes, the same guy who is selling flamethrowers and has told his followers about this dragon-dreams, is now planning to open a Candy Company.
Not much is now known about this notional candy company, let alone whether Musk is indeed serious about starting a company of such stark contrast to his other ventures, including cars, power walls, solar panel roofs, and colonizing Mars.
In an earnings call last week, Tesla co-founder Musk criticized so-called "moats" but he wasn't referring to the sort of moat you'd find around a castle. It appears Musk and Warren Buffet, CEO of Berkshire Hathaway, sparred over social media, according to a CNBC report on Monday. Buffett is also a longtime proponent of what he calls competitive advantage "moats" as an investment strategy.
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"I'm starting a candy company & it's going to be wonderful", he wrote on Twitter. If your only defense against invading armies is a moat, you will not last long. A company with an economic moat has a widely recognized brand value that makes it nearly impossible for rivals to compete on an even playing field. The billionaire investor and CEO of Berkshire Hathaway quipped: "Elon may turn things upside down in some areas". Let's see how Musk creates Willy Wonka's chocolate factory in the coming years.
Musk was off and running after that and the first candy tweet was out.