$BYD Co., Ltd.(BYDDY)$ the reason why I am putting my money into BYD and not Tesla. Tesla price is fueled by fans and not because of what the company can do for its consumers.
Warren Buffett's electric gold mine: BYD outruns Tesla
Berkshire Hathaway backed up the truck for shares of a Chinese EV maker. It's been a turbocharged ride.An obscure battery-maker has become one of the world's fiercest EV giants - and a perfect fit for Buffett's Berkshire Hathaway.Warren Buffett doesn't place bets - he makes investments. Big difference. Betting is what tourists do in Vegas. Investing?That's for grown-ups. Years ago, Buffett backed a Chinese electric-vehicle manufacturer you've probably never heard of, and now they're juicing batteries faster than you can pick a Netflix series to watch.Meanwhile, Tesla charges around $15,000 - or a $199 monthly subscription - for its Full Self-Driving software, currently stalled by Chinese regulators. While Musk fans wait, Wang's customers are already on the road, assisted and stress-free. This isn't luxury - it's common sense. Availab
Warren Buffett's electric gold mine: BYD outruns TeslaDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.