Marsk opened the candy factory into the candy business to compete with Buffett Sina American shares news of 7 morning news in Beijing time, Tesla (294.09, 9.64, 3.39%) founder Elon Musk, the founder of the auto company, said he planned to enter the confectionery business, and “stock god” Buffett in this field to compete.
Mask issued a tweet 6 local time, said: “I will open a candy company, it will be very amazing.”
Musk added that his plan was “super serious” and proposed to create “encrypted candy”.
Mask’s move is obviously in opposition to the “stock god” Buffett. Musk once said that Buffett’s famous “moat” theory is “bad”.
At the 2018 Berkshire hathup shareholders’ meeting in 2018, Buffett responded to the statement that technology could not solve all problems. It could be the dream of some young children, and the moat in some industries were very wide.
Buffett also said: “Musk may bring subversion in some areas. But I don’t think he will compete with us in terms of candy. I think he is not our opponent. Other industries may not be so satisfactory, but the candy industry is our boss. “
Sure enough, musk said in a later twitter (31.04,  , 0.37,  , 1.21%): “I want to build a moat and fill it with candy. Warren Buffett will not be able to resist investment! Krypton of Berkshire Hathaway… ” Krypton is a chemical element that exists only in stories such as Superman. If Superman approaches this element, he will lose supernormal ability. )
Mask also said: “Warren Buffett is very good at candy. This is true. “
He said, “say you like” moat “just like a good way of expressing your preference for oligarchs.