Warren Buffett Credits Charlie Munger
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Berkshire Hathaway vice chairmanThe Motley Fool
•Technology
Technology
Warren Buffett Bought This Electric Vehicle (EV) Stock in 2008. Even After a 2,000% Return, It's Still a Buy in 2025. (Hint: It's Not Tesla.)
78% Informative
Warren Buffett invested in electric vehicle maker BYD in 2008 .
Buffett bought $230 million of Berkshire Hathaway 's cash to work, buying roughly 10% of the company.
Buffett has since sold off portions of that initial investment, but still holds approximately 4.4% of BYD .
By contrast, Tesla 's profits are expected to decline by 4% in the first quarter .
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and BYD wasn't one of them.
Despite the strong performance both since the start of the year and since Buffett bought it in 2008 , it's still worth adding to your portfolio today .
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