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Fortune
Fortune
Christiaan Hetzner

Tesla’s biggest rival mourns death of early backer Charlie Munger—‘unwavering support and guidance instrumental in shaping BYD’

Berkshire Hathaway vice chairman Charlie Munger (Credit: Patrick T. Fallon—Bloomberg via Getty Images)

Charlie Munger already had a lifetime of investing behind him when he called BYD his best financial decision ever—high praise coming from a legend. 

On Tuesday, the Chinese electric vehicle company returned the compliment by paying its dues to the native Nebraskan. Berkshire Hathaway’s legendary vice chairman, who passed away Nov. 28 just weeks short of his 100th birthday, was its earliest major backer and a vocal admirer of founder Wang Chuanfu.

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