BRIEF: Buffett sells BYD stake after 17-year holding, netting huge gain
Berkshire Hathaway, controlled by billionaire investor Warren Buffett, has sold its entire stake in electric-vehicle (EV) maker BYD Co. Ltd. (1211.HK, 002594.SZ), CNBC reported on Sunday. Regulatory filings to the…
China’s BYD scores win over Tesla in EV price war
The Chinese maker of electric vehicles has emerged as the No.4 auto brand in the world after Toyota, Volkswagen and Honda Key Takeaways: BYD has forecast its net profit will…