Charlie Munger says BYD is so far ahead of Tesla in China it's almost ridiculous

United States News News

Charlie Munger says BYD is so far ahead of Tesla in China it's almost ridiculous
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

"At the current price of BYD stock, little BYD is worth more than the entire Mercedes corporation. It's not a cheap stock, but on the other hand, it's a very remarkable company," Munger said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watch Charlie Munger speak at the Daily Journal annual meetingWatch Charlie Munger speak at the Daily Journal annual meetingCharlie Munger, a shareholder and board member for the Daily Journal, will speak at the organization's annual meeting on Wednesday.
Read more »

Charlie Puth Announces The Charlie Live Experience 2023 Tour With Clever TikTok Video: See the DatesCharlie Puth Announces The Charlie Live Experience 2023 Tour With Clever TikTok Video: See the DatesThe star’s U.S. tour will kick off this spring.
Read more »

U.S. government will pay Tesla to open its charger network to non-Tesla EVsU.S. government will pay Tesla to open its charger network to non-Tesla EVsThe U.S. government will pay Tesla to supply 7,500 chargers for non-Tesla electric vehicles. How much extra those non-Tesla customers will pay is yet to be determined.
Read more »

BYD to build $1.2 bln EV battery plant in central China - websiteBYD to build $1.2 bln EV battery plant in central China - websiteBYD , the world's largest maker of electrified vehicles, plans to invest $1.2 billion to build a new factory for its batteries in China, according to environmental appraisal filings.
Read more »

Breakingviews - BYD’s world-beating EVs brace for a rougher rideBreakingviews - BYD’s world-beating EVs brace for a rougher rideBYD’s , bullish boss Wang Chuanfu once quipped that the Chinese carmaker’s name stood for “Bring You Dollars”; but even Wang will struggle to keep up the pace as overcapacity and accelerating competition slam into the world’s largest auto market.
Read more »

Charlie Puth & BTS Jungkook's 'Left and Right' hits 500 million streams on Spotify | allkpopBTS's Jungkook collaboration with Charlie Puth, 'Left and Right,' achieved a new milestone on Spotify!On February 12, KST, Jungk…
Read more »



Render Time: 2025-03-09 18:09:00