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.

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Source Fool.com