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Zenger
Zenger
World
Shanthi Rexaline

Buffett’s Berkshire Hathaway Reduces Stake In Chinese EV Maker BYD

Warren Buffett (L), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Theere had been tensions between the two men for quite sometime. (Photo by Johannes EISELE / AFP) (Photo credit should read JOHANNES EISELE/AFP via Getty Images)

Warren Buffett‘s Berkshire Hathaway, Inc. (NYSE:BRKA) has been steadily reducing its stake in Chinese EV maker BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF), sparking speculation of a divergence in investment strategies between Buffett and his deputy, Charlie Munger.

PRODUCTION – 16 June 2023, Baden-Württemberg, Stuttgart: View into the cockpit of a BYD Tang in the BYD Concept Store in downtown Cologne. Berkshire Hathaway is one of BYD’s investors including battery technology. Photo: Henning Kaiser/dpa (Photo by Henning Kaiser/picture alliance via Getty Images) 
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