China's BYD (SZ: 002594) reported a 21% Q2 sales surge, narrowing the gap with Tesla (NASDAQ: TSLA). BYD sold 426,039 EVs, just 12,000 units shy of Tesla's projected deliveries. With Tesla's China sales down 24.2% in June, BYD may reclaim the lead.
**Berkshire Hathaway Trims Stake in BYD, Fetches $39.8 Million**
Berkshire Hathaway (NYSE: BRKa) offloaded 1.3M shares of electric vehicle maker BYD (SZ: 002594) for HK$310.5M ($39.8M), reducing its H-share stake from 7.02% to 6.90%. This strategic move could reflect diversification efforts amid...
