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Buffett’s BYD bet outshines Tesla slump, Berkshire’s China play defies EV price war and hype, value over volatility drives EV future
Warren Buffett's strategic investment in BYD, made in 2008, is proving remarkably successful, contrasting sharply with his avoidance of Tesla. BYD has surpassed Tesla in quarterly automotive revenue and total new energy vehicle sales, driven by its cost-efficient models and global expansion. Buffett's foresight, championed by Charlie Munger, highlights the power of value investing in the evolving EV market.
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