Warren Buffett Is Selling His Favorite Electric Vehicle Stock. Should You?
Electric vehicle (EV) stocks may have been a hot topic over the past year or so, but you'd have barely heard Warren Buffett make a move on EVs. However, the legendary investor has a favorite EV stock -- and he's selling it.
Yes, you read that right.
At a time when global sales of EVs are booming and they're only getting started, Buffett just sold a stake in BYD (OTC: BYDDY). To be sure, Buffett also owns shares in General Motors, which is also investing big money into EVs, but China-based BYD is the only pure-play EV stock that Buffett has ever owned.
Source Fool.com
