Buffett Bails on BYD: What It Means for the Future of EV Stocks

BYD $71.70 Get BYD alerts: It's also important to put into context that Berkshire's 6.9% stake in BYD is nearly double its stake in one of its other prominent automotive stocks, General Motors Co. NYSE: GM. And there's no indication that Buffett has increased his stake in GM. Buffett Reflects on Charlie Munger's Influence on BYD Investment As Buffett's decision to buy homebuilder stocks in 2023 showed, Buffett is known for looking ahead. That makes this decision more curious as it's more likely a case of Bu ...