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Buffett's Company Trims Its Stake in Chinese EV Maker BYD

Source: usnews.com usnews.com
News Snapshot:

FILE – Microsoft Corporation founder Bill Gates, second from right, speaks while American investor Warren Buffett, center, Charlie Munger, vice chairman of Berkshire Hathaway, second from left, and Chinese tycoon, BYD Chairman Wang Chuanfu, right, look on after unveiling BYD's new M6 model in Beijing, China, on Sept. 29, 2010. Warren Buffett's company has trimmed its stake in Chinese electric car and battery maker BYD on Tuesday, Aug, 30, 2022, for the first time since it bought the shares in 2008, an investment that has soared in value. (AP Photo/Andy Wong, File) The Associated Press By JOSH FUNK, AP Business…

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