Buffett’s Berkshire Bails on BYD. The Stock Falls.
1. Berkshire sold its entire stake in BYD, alarming investors. 2. BYD shares fell 3.4% post-sale; margins declined amid competition. 3. Buffett's firm has been reducing BYD holdings since 2022. 4. BYD's sales volume increased 75% recently, but profitability suffered. 5. Loss of Berkshire's backing may impact investor confidence in BYD.