BYD Stock Falls on Report Warren Buffett’s Berkshire Hathaway Is Bailing
1. Berkshire Hathaway sold its entire stake in BYD. 2. BYD stock fell 3.4% post-sale announcement. 3. Chinese EV market has become highly competitive. 4. Berkshire scaled back BYD holdings since 2022. 5. BYD's profit margins have declined despite increased sales.