Question: Does Warren Buffett still own BYD?

In 2008, Buffett’s company Berkshire Hathaway bought 225 million shares of BYD for $232 million. Berkshire’s latest shareholder letter shows it still held those shares as of Dec. 31, 2020 — except their market value had surged to roughly $5.9 billion.

Who owns BYD China?

BYD Company

Type Public
Owner Berkshire Hathaway (24.6%) Himalaya Capital Management (8.2%) The Vanguard Group (2.1%) BlackRock (2.0%) Dimensional Fund Advisors (0.64%) Xiang Yang Lü (21.6%) Wang Chuanfu (15.7%)
Number of employees 229,154 (2020)
Subsidiaries BYD Automobile BYD Electronic

Is BYD backed by Warren Buffett?

BYD, the China electric vehicle maker backed by Warren Buffett’s Berkshire Hathaway, will raise HK$13.8 billion, or the equivalent of $1.78 billion, in a stock placement, according to an announcement at the Hong Kong Stock Exchange this morning.

Is BYD bigger than Tesla?

BYD Sales. Tesla is the world’s largest electric vehicle maker, delivering 308,600 electric vehicles in the fourth quarter, up from 241,300 in Q3, 201,250 in Q2 and 184,800 in Q1. Tesla sold 59,845 Shanghai-made vehicles in January, up 286.5% vs. a year earlier.

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Is BYD a good stock to buy?

Should you buy BYD stock right now? BYD’s growth in the EV market looks impressive so far. The stock is trading at a lower price-to-sales (P/S) ratio than its peers in the EV segment. It also looks attractive compared to some of the newer entrants, like Lucid or Rivian, which have generated hardly any revenue so far.

Is BYD available in USA?

BYD’s passenger cars are not yet sold in the United States. Annual sales of plug-in electric vehicles in North America are expected to reach at least 1.1 million units by 2024, according to Navigant Research.

When did Warren Buffett buy BYD?

The famed investor’s company spent $232 million to buy 225 million shares of BYD in 2008. Its stake was worth $5.9 billion at the end of last year, Berkshire’s latest annual report shows. Yet BYD’s stock price has surged by about 23% since then, lifting the value of Berkshire’s roughly 8% stake to $7.9 billion.

Has Warren Buffett written any books?

Chinese EV sales have been hit by supply constraints, and specifically, an ongoing chip shortage. With the semiconductor shortages predicted to linger into 2022, this is another sour spot for the high-growth industry.

What price did Warren Buffett buy BYD?


In 2008, Buffett’s company Berkshire Hathaway bought 225 million shares of BYD for $232 million.

How many cars did BYD sell in 2020?

In 2020, the company has sold 130,968 battery electric vehicles and 48,084 plug-in hybrids. This represents a total decline of 18 percent year-over-year.

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Why is BYD stock going down?

Shares in Chinese electric car maker BYD Co Ltd fell more than 3 percent on Thursday, weighed down by concerns over government cuts to subsidies on new energy vehicles and the firm’s first-quarter sales, analysts said.

Who is largest EV manufacturer?

Here are the top 10 EV companies by Market Capitalization (as of Dec. 7):

  • Tesla ( (TSLA) – Get Tesla Inc Report) – Market Cap: 1.048 trillion.
  • Rivian ( (RIVN) – Get Rivian Automotive, Inc. …
  • Lucid Motors ( (LCID) – Get Lucid Group, Inc. …
  • NIO ( (NIO) – Get NIO Inc. (

Will BYD stock go up?

BYD Company Limited quote is equal to 30.603 USD at 2022-03-03. Based on our forecasts, a long-term increase is expected, the “BYDDF” stock price prognosis for 2027-02-24 is 83.786 USD. With a 5-year investment, the revenue is expected to be around +173.78%. Your current $100 investment may be up to $273.78 in 2027.

Is BYD overvalued?

In summary, the stock of BYD Co (OTCPK:BYDDY, 30-year Financials) is believed to be significantly overvalued. The company’s financial condition is fair and its profitability is strong. Its growth ranks better than 81% of the companies in Vehicles & Parts industry.

Can you buy stock in BYD?

BYD COMPANY LIMITED is a China-based company principally engaged in the manufacture and sales of transportation equipment. … The Company mainly conducts its businesses in China, the United States and Europe. , you can buy Byd Co Ltd stock in any dollar amount, or any other fund or stock you know on Stash.

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