Musk will make candy. Thank You, Buffett!

Yesterday, may 5, Elon Musk tweeted an intriguing message: «Open a candy factory, it will be awesome.» And to the followers not have thought it was a joke, later added: «I very, very seriously.»

I’m starting a candy company & it’s going to be amazing

— Elon Musk (@elonmusk) May 5, 2018

What prompted the founder of SpaceX, CEO of Tesla and just an outstanding personality of our time to switch for some time with innovative technologies for sweets?

All the matter in the correspondence of words between Elon Musk and Warren Buffett, CEO of Berkshire Hathaway.

May 2 Musk at the next meeting of shareholders, Tesla criticized the so-called «economic moat» (a term coined by Buffett 10 years ago) is a long-term competitive advantages that provide the company with higher, compared with competitors, profit. «If your only defence against armed invasion becomes a moat, the long you will not survive,» said then Elon Musk.

In turn, Buffett may 5 at a meeting of shareholders of Berkshire Hathaway reminded that such a business model successfully used by many companies, including his own confectionery See’s Candies.

«Elon can transform any aspect of life, said Warren Buffett. But I don’t think he will be able to defeat us in the confectionery business. Around us are too good ditches».

Then the Internet appeared an unusual statement Mask. He also asked its subscribers to send in their suggestions concerning the design and fillings of chocolates. Has already received such original ideas as the lollipops with the logo of Tesla, or filling in the form of Martian rocks.

By the way, may 2 Tesla reported its loss for the first quarter of 2018. And they made a record in the history of the automaker amount$710 million!

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