Buffett Bails on BYD: What It Means for the Future of EV Stocks
Warren Buffett may not be that charged up about electric vehicles. On June 17, news broke that Buffett’s Berkshire-Hathaway Inc. NYSE: BRK.B sold $1.3 million shares of BYD Company Limited OTCMKTS: BYDDY. The move was reported in a filing with the Hong Kong Stock Exchange. $59.38 +1.18 (+2.03%) (As of 06/17/2024 ET) 52-Week Range $43.62…