For quite some time, Warren Buffett was a BYD investor via Berkshire Hathaway. If you tried to get into EV stocks after the Tesla exuberance started, you were already mostly too late.

> The filing by Berkshire’s energy subsidiary recorded the value of its BYD investment as zero as of the end of March, down from $415 million at the end of 2024.

> Buffett’s company began investing in Shenzhen-based BYD in 2008, when it paid $230 million for about 225 million shares, equivalent to a 10% stake at the time.

> It began selling those shares in 2022 after BYD’s share price had risen more than twentyfold.

Warren Buffett’s fund exits BYD after a 17-year investment that grew over 20-fold in value - https://www.cnn.com/2025/09/22/investing/warren-buffet-berks... - September 22nd, 2025

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profsummergig 3 hours ago | parent | next [-]

This is fascinating, because from what I've heard, Warren Buffett did not favor tech stocks. Does anyone know what gave Buffett the faith that this company was a real deal?

	▲	jimbokun 3 hours ago \| parent \| next [-]
		Maybe he was more afraid of software dominated stocks? BYD is at heart an automobile manufacturer and so maybe he felt more confident evaluating it using his normal tools.
	▲	holmesch 2 hours ago \| parent \| prev \| next [-]
		It was Charlie Munger who became enthusiastic about BYD after learning about it from investor Li Lu, leading him to convince Buffett to make Berkshire Hathaway's $230 million investment in 2008.
	▲	dalyons 3 hours ago \| parent \| prev [-]
		They “just” were a battery company then. Is that considered tech?

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Seattle3503 3 hours ago | parent | prev [-]

That investment predates Xi Jinping's leadership.