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BYD is Beating Tesla in Electric Vehicle Sales. Sort of…

BYD is Beating Tesla in Electric Vehicle Sales. Sort of…

Randall McAdory's avatar
Randall McAdory
Jul 12, 2022
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BYD is Beating Tesla in Electric Vehicle Sales. Sort of…
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Photo by P. L. on Unsplash

Tesla this! Tesla that!

But have you ever heard of BYD? BYD (short for Build Your Dreams) is a Chinese electric vehicle company partially owned by Warren Buffet’s Berkshire Hathaway. Berkshire Hathaway invested $232 million in BYD in 2008. Buffet’s investment is now worth $7.7 billion.

For the first half of 2022, BYD became the …

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