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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

Berkshire Hathaway exits longtime stake in Chinese EV maker BYD, ending 17 years of Buffett backing amid shrinking profits and rising competition.

Warren Buffett’s Berkshire Hathaway is no longer a shareholder in Chinese electric vehicle behemoth BYD, ending an investment that first started in 2008 and delivered billions of dollars in returns to the American investment giant.

Tesla vs. BYD – The Ultimate 2025 EV Stock Showdown 🚀🔋 - Tech Space 2.0

Chinas EV champion BYD has suffered a massive $45 billion stock sell-off, losing more than 30% of its market value in just four months. The sell-off is mainly due to a sharp 30% plunge in BYD's June-quarter profit, marking its first profit drop in over three years.

Chinese automaker BYD is aggressively challenging Tesla in Europe by expanding German sales locations to 100 by 2026, unveiling new models, and starting production in Hungary by 2025. Amid Tesla's 40% sales drop, BYD's registrations surged 225% in July 2025. BYD aims to become Europe's top EV seller by 2030.

BMW and Mercedes are done watching Tesla play king. The two biggest luxury brands from Europe have just thrown down the gauntlet with all-electric SUVs meant

BYD and Tesla are locked in a global battle for EV dominance — and now, the Chinese automaker has raised the stakes, adding a new car to its lineup.

Join Ramzan Karmali as he dives into today's trending tickers. American Eagle (AEO) gets a big pop after gaining unprecedented popularity with Gen Z customers after its marketing campaign with Sydney Sweeney. Nothing beats a Jet2 (DG1.F) holiday - except dwindling demand for trips abroad. And Tesla (TSLA)'s main rival, BYD, (002594.SZ) cuts its sales targets for 2025. Watch more from Market Sunrise on the Yahoo Finance homepage.