'Super super serious': Elon Musk tweets about dipping into candy business

Why Elon Musk and Warren Buffett Are Suddenly Trolling Each Other Over See's Candies

Buffett rebuffed Musk's claim at the Berkshire Hathaway shareholder meeting on Saturday, saying, "I don't think [Musk would] want to take us on in candy".

On Saturday, Warren Buffett and his business partner, Charles Munger, shot back. "They're like nice in a sort of quaint, vestigial way. What matters is the pace of innovation, that is the fundamental determinant of competitiveness".

If you've read the headline and are asking yourself, why the CEO of an electric vehicle company would start a candy business, then we have one word for you: flamethrower. Some of Berkshire Hathaway's other businesses also have moats wide enough to stave off competition from an innovative tech upstart, such as Garanimals, a line of children's clothing it owns, Buffett added. The term "moat" in the investment parlance was established by Buffett. "And he says that the best moat would be to have a big competitive position, and that is also right", Munger said.

So whether or not Musk actually intends to start a candy company, the key is to never underestimate the man's random claims. "Berkshire Hathaway kryptonite", he continued.

Musk, who'd been kind of quiet on Twitter, revealed he plans to get into the candy game ... so any references he makes to Mars will likely need further clarification.

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. Musk himself said Tesla would be evaluating the positions of contractors that work with Tesla, but aren't officially Tesla employees, when he spoke on the company's first-quarter conference call last week.

Those who follow Elon Musk will note that he oftentimes makes announcements of this kind on social media, like the time he logged onto Twitter and wrote of his intention to sell flamethrowers.

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