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Buffett-Backed BYD Reports Solid Numbers. There Is a Silver Lining for Tesla, Too.

Por: MarketWatch Business October 17, 2022

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BYD stock is down about 1% in overseas trading following the update. Warren Buffett’s (BRK.A, BRK.B) about 19% of BYD’s stock. The results show the company has bounced back from a weaker second quarter that was that constrained vehicle production and sales across the country. That is a positive sign for all global auto makers, especially (TSLA). China is a key market for . It is the world’s largest market for new EVs and Tesla generated... + full article



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