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Stocks A to Z / Stocks B / BYD (BYDDY)
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Author: BenSolar ✧  😊 😞
Number: of 113 
Subject: Re: Byd, has traded well this month,
Date: 01/31/2023 9:50 AM
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It's likely Buffett sold more into strength. ''Chinese EV and battery maker BYD, the second-most profitable EV company after Tesla, told investors it expects to make about $2.4 billion to $2.5 billion in 2022. BYD makes more EV models at lower prices than Tesla, but Tesla is larger and far more profitable.''

I wonder why Buffett is lightening up on this holding, given its primo positioning in a rapid growth industry? Geopolitical risk? Worried the CCP is going to take too much of the profit for the state?
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