Etiqueta: BYD

Berkshire Hathaway has exited BYD after 17 years, closing a stake that yielded over twentyfold returns, according to a company filing

BYD (BYD, 1211.HK) stock drifted lower in Monday's session after CNBC reported Berkshire Hathaway (BRK-B, BRK-A) CEO Warren Buffett sold off the firm's full stake in the Chinese EV maker. Yahoo Finance senior autos reporter Pras Subramanian breaks down the latest. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime.

Yangwang, a Chinese luxury electric vehicle brand owned by BYD, announced that its U9 Track Edition supercar broke the world record for fastest EV with a top speed of about 293 miles per hour.

Shares of China’s BYD slipped on Monday on news Berkshire Hathaway fully exited its stake in the EV-maker.

Berkshire Hathaway Ends Historic EV Investment in BYD

Market Catalysts host Julie Hyman tracks several of the day's top trending stock tickers, including Oracle (ORCL) as it is named in the framework of a TikTok deal, Compass, Inc.'s (COMP) bid to buy Anywhere Real Estate (HOUS) for $1.5 billion, and Berkshire Hathaway (BRK-B, BRK-A) CEO Warren Buffett announcing that he has sold his entire stake in BYD (1211.HK, BYDDY). To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.

BYD has unveiled a new stationary energy storage system, HaoHan, designed to compete with Tesla’s new Megapack 3, which has...

Warren Buffett, the veteran investor, has sold his stake in Chinese electric vehicle maker BYD after making a twentyfold return on his investment.The Berkshire Hathaway investment firm led by the

Warren Buffett's Berkshire Hathaway likely made about $7 billion or 30 times its money from its 16-year investment in BYD, Business Insider found.

Shares of BYD (BYDDY) fell over three percent in trading overnight in Asia after Warren Buffett's Berkshire Hathaway exited its longtime stake in the Chinese electric vehicle maker. Meantime. Porsche (PAH3.DE) is under pressure after slashing its profit guidance and Snap (SNAP) is on a tear in the pre-market, extending a recent run higher in the last week.