Replies to post #82100 on Tesla Inc (TSLA)

[Scumbag Fraudsters]

You've already found out how wrong you are.

You're telling me Warren Buffet and Charlie Munger are lying?

That they're committing fraud by pumping BYD while at the same time selling most of their shares?

And respected news sources that have reported on Berkshire's ownership of BYD are also fabricating numbers?

Why, to help the CCP deceive American investors?

I think you're fuckin' nuts. 🥜

The Associated Press -- May 8, 2023

Warren Buffett’s company continues selling off its stake in Chinese electric car manufacturer BYD and now holds less than 10% of the company’s stock.

Berkshire Hathaway revealed the latest sale of 1.96 million BYD shares worth about $58.9 million ($462 million Hong Kong dollars) Monday in a filing with the Hong Kong stock exchange. The Omaha, Nebraska-based conglomerate still owns more than 108 million shares, but that stake is less than half the size of the 225 million shares it held until it began selling last August.

Since Berkshire first bought its BYD shares in 2008 for $225 million the company has grown into one of the world’s largest electric car manufacturers and its stock price has soared to its current $240 Hong Kong dollars ($30.58 U.S. dollars) per share. BYD sold nearly 1.9 million cars last year including pure electrics, plug-ins and hybrids.