Warren Buffett's company
Berkshire Hathaway has sold its entire stake in
BYD, causing share values to decline. Despite this, many experts still consider BYD to be priced attractively for long-term investors. In contrast to
Tesla's stock, which experienced a fall due to poor European sales, BYD has seen a sales boost of 201%, even managing to overtake Tesla as Europe's top EV seller. While Buffett's exit from BYD is a significant story, the company remains unphased, considering selling as 'normal'. Yet, a drop in the company's valuation is expected due to this major selloff. BYD's future certainly appears positive, with predictions of Tesla-like growth but at a fraction of the price. There is also talk of the company planning a European battery plant. In the EV industry, some are even comparing BYD's potential value to the success of Nio. Nonetheless, its successive profit drops and Buffett’s exit impacted BYD's market position. Even with all this, believers still see BYD as the best car stock to buy at the moment and a long-term winner in clean energy and EV markets.
BYD Stocks News Analytics from Wed, 21 May 2025 07:00:00 GMT to Sat, 27 Sep 2025 22:52:11 GMT -
Rating 5
- Innovation 2
- Information 6
- Rumor -2
