Elon Musk Candy Company? What Went Down Between Musk and Warren Buffett

May 08, 2018, 00:51
Elon Musk Candy Company? What Went Down Between Musk and Warren Buffett

At the end of April, Elon Musk strolled onto Twitter and nonchalantly announced his intention to build a cyborg dragon, leaving readers to ponder the implications of this and wonder whether he was, in fact, serious.

The situation started to first come to light in an email from Musk to all employees that was leaked to Electrek a few weeks ago.

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.

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I surely have no doubts that Musk has the potential to disrupt the boring candy industry and introduce sweets that'd leave you salivating. Presumably because Buffett likes to invest in companies that have large moats-not physical ones but of the business variety-which Musk referred to as an oligopoly, or a business market where there's limited room for any competition.

It was during that call when Musk said that Tesla's use of third-party contractors had "really gotten out of control", and that there was about to be "a lot of barnacle removal" going on at Tesla's facilities.

And then: "Saying you like "moats" is just a nice way of saying you like oligopolies". The legendary investor said that "Elon may turn things upside down in some areas".

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By all accounts, Elon Musk is a very busy man. While it might've seemed like another random venture Musk chose to embark on, like his sale of flame throwers or hats, the billionaire was actually teasing Berkshire Hathaway CEO Warren Buffett.

As IFLScience were quick to note, a cyborg dragon would be something requiring mechanical body parts as well as organic ones, so if Musk really were to devise this dragon there would need to be organic material in it, which could prove hard. "I think moats are lame", the Tesla co-founder said during the company's earnings call.

However, while all that has been largely technology related, now Musk has taken interest in the food industry.

More news: Investors Buy Shares of Alibaba Group (BABA) on Weakness

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