Berkshire Hathaway Exits BYD Stake After 20x Gain, Raising Questions About EV Sector

Warren Buffett's Berkshire Hathaway has fully divested its position in Chinese EV Maker BYD after a 14-year holding period that yielded nearly 2,000% returns. The move comes despite BYD's technological advancements in fast-charging capabilities and competitive pricing against Tesla.

The disposal, initiated in August 2022 and completed this year, marks a significant shift for Berkshire's rare tech investment. BYD recently demonstrated charging technology capable of restoring 250 miles of range in just five minutes - a benchmark that surpasses most industry standards.

Market observers now question whether Buffett's exit signals diminishing prospects for EV manufacturers or simply reflects Berkshire's characteristic profit-taking. The investment conglomerate maintains stakes in other automotive companies through subsidiaries, but has historically avoided high-growth tech bets outside this singular BYD position.