Warren Buffett’s Berkshire Hathaway cuts its stake in EV giant BYD to under 5%, dropping below Hong Kong’s disclosure threshold

[VUBot]

When Chinese EV giant BYD broke into the global consciousness, media reports focused on one thing in particular: its backing from Warren Buffett. Berkshire Hathaway invested about $230 million in BYD in 2008, with Buffett’s longtime partner Charlie Munger calling BYD’s founder a “combination of…

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