Reported 1 day ago
BYD stock has dropped 20% since May amid rising regulatory uncertainties and a slowing Chinese economy, even as the company aims to expand its international sales through partnerships like one with Uber. Warren Buffett recently sold his entire stake in BYD, highlighting concerns over its heavy reliance on the domestic market. Despite its impressive production capabilities and recent deals aimed at entering new markets, investors are cautioned to consider the different dynamics between BYD and competitors such as Tesla before making any investment decisions.
Source: YAHOO