Overview

• Berkshire’s spokesperson confirmed the entire BYD position has been sold, following staged disposals that began in 2022.
• Berkshire bought about 225 million BYD shares in 2008 for $230 million, a stake that rose roughly 3,890% during the holding period.
• After dropping under 5% ownership in mid-2024, Berkshire no longer had to disclose sales under Hong Kong exchange rules, reducing public visibility into the exit.
• Berkshire Hathaway Energy’s filings show the BYD investment fell to $415 million at end-2024 and to zero by March 31, 2025.
• BYD acknowledged the move, with its branding chief thanking Berkshire and calling the sale a normal investment trade, while the automaker faces softer profits, four months of lower domestic sales, and a reduced 2025 sales target to 4.6 million vehicles.