Clash Of The Titans: What Buffett, Musk Are Squabbling About

Tuesday, 08 May, 2018

If you follow Elon Musk on Twitter, you'll already know that he's somewhat different to your average company CEO, and occasionally uses it to announce oddball spinoff projects, safe in the knowledge that a Retweet can get halfway around the world before a press release even has its shoes on.

Musk launched The Boring Company in 2016 to alleviate traffic jams with a system of high-speed underground shortcuts. Is he actually being serious or just trolling Warren Buffett over the concept of moats? 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.

But then again if you'd asked me how seriously we should have taken this tweet from Christmas Eve, I'd have said the same and yet. 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.

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Elon Musk also had something to say on the issue when he tweeted "I'm going to build a moat & fill it w candy. I don't think he'd want to take us on in candy", the Berkshire Hathaway (BRK.A) CEO said Saturday during the conglomerate's annual meeting in Omaha.

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.

Musk also seems to be challenging fellow billionaire Warren Buffett, who owns See's sweets through Berkshire Hathaway. It's hard to determine what his actual plans are, as Musk has proven to be quite unpredictable in the past. Is he going to be the next Willy Wonka?