YouTuber Earns Praise After Questioning Elon Musk During Tesla Earnings Call

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

However, since it's an idea that's been appreciated by a lot of people, Musk can gain some more fans by making this candy company a reality.

Berkshire Hathaway acquired See's sweets in 1972, and Buffett is famously fond of its peanut brittle- which he and his business partner Charlie Munger continuously munch on while answering questions for six hours at their shareholder meeting each year.

Elon Musk came out against the Oracle of Omaha's method of moats at Tesla's quarterly earnings call last week. During a recent Berkshire Hathaway shareholder meeting, he responded to Musk's comments about moats, claiming that "there are some pretty good moats around". "They are nice in a sort of quaint, vestigial way". In a series of tweets, Musk announced his decision and made it clear that he is serious about it.

Munger also scoffed at Musk's perspective on moats. But if your only defence against invading armies is a moat, you will not last long. The YouTuber is not impressed with the billionaire's recent freaky tweetstorm about starting a candy company and Musk's joking that we are living in a real life "Westworld", a reference to the HBO show about rebellious robots.

So whether or not Musk actually intends to start a candy company, the key is to never underestimate the man's random claims. "What matters is the pace of innovation, that is the fundamental determinant of competitiveness".

Warren Buffett is the proud owner of See's Candy, which is touted as a prime example of successful moat-use. On the call, he got a chance to pass those questions onto Musk when the exec, bored with the demands of high-level analysts, remarked "We're going to go to YouTube".

Those who follow Elon Musk will note that he oftentimes makes announcements of this kind on social media, like the time he logged onto Twitter and wrote of his intention to sell flamethrowers.

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