Musk Is ‘Super Super Serious’ About Attacking Buffett's Candy Moat
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Warren Buffett said Elon Musk wouldn’t want to come after him in the candy business. Challenge accepted.
Musk is "starting a candy company & it’s going to be amazing," he said in a Twitter post Saturday. He was pushing back after Buffett and his business partner Charlie Munger said the Tesla Inc. founder was wrong to believe "moats are lame," as Musk said in a conference call earlier this week. A moat is a business’s competitive advantage that keeps rivals at bay.