Elon Musk "super serious" about starting candy company

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

In the wars between billionaire entrepreneurs the public are merely witnesses on the sidelines, but hopefully we'll benefit from the healthy competition and actually get that candy company Musk seems to be dreaming up.

With Berkshire's 2018 annual meeting in the books, users can revisit the highlights in CNBC's Warren Buffett Archive, which houses searchable video from 25 full annual meetings, going back to 1994, synchronized to 2600 pages of transcripts.

Making Musk's brick-making plans all the more weird is the fact that he's previously promised to sell off interlocking Lego-like bricks made from the rock waste produced by Boring Company tunnel digging.

Billionaire investor Warren Buffett said Monday he respects the efforts of Elon Musk , head of electric vehicle maker Tesla (TSLA).

Munger also scoffed at Musk's perspective on moats.

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Russell, who owns 54 shares of Tesla, lobbied for a position on the automaker's earnings call in order to give a voice to the small-time investors who aren't typically represented during quarterly earnings calls. It's ridiculous, Warren does not intend to build an actual moat. "They are like nice in a sort of quaint, vestigial way". But if your only defence against invading armies is a moat, you will not last long.

Just last week, Elon Musk told his followers that he is building a cyborg dragon and that's it, nothing more. Earlier, Buffett has said that Elon Musk has been successful at playing cool in some areas of investment marketing however, he can't make big in candy. What matters is the pace of innovation.

"Certainly you should be working on improving your own moat and defending your own moat all the time".

During the annual Berkshire Hathaway meeting Saturday, CEO Warren Buffett offered some advice to Tesla's Elon Musk: Stay away from See's sweets. Let's see how Musk creates Willy Wonka's chocolate factory in the coming years.

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