Buffett Closes BYD Chapter After 17 Years, Nets Massive Profit

Berkshire Hathaway has fully exited its 17-year investment in Chinese EV giant BYD, selling the last of its 225 million shares originally bought for $230 million in 2008. The divestment generated over 4,500% in gains, marking one of Warren Buffett’s most profitable bets in clean energy and autos, while BYD shares dipped 3.4% on the news.