Categories
Electric vehicles eVs

Warren Buffett’s Berkshire Hathaway sells a million more BYD shares to realize huge profits in the Chinese EV maker

Buffett's ongoing share sales have weighed on BYD's stock price in recent months, but the stock is still outperforming its electric vehicle peers.
Categories
Electric vehicles eVs

Legendary investor Bill Miller says he’s shorting Tesla because the EV maker has a looming competition problem: ‘If it goes up, I’ll short more’

"The difference between Tesla and other technology stocks is it's selling into a bad business. The auto industry globally is a bad business."
Categories
Electric vehicles eVs

Warren Buffett-backed BYD soars past Tesla in China sales as the company bucks wider EV stock sell-off

Over the past three months, shares of BYD are down just 2%. That's compared to a 54% decline in Tesla over the same time period.