Yeah, he still owns about 10% of the company though. I have followed BYDDF for quite a while now.But WB is selling…
I remember when Buffett dumped his DAL stock in 2020, he said "We never lighten our positions, we either hold it all or get rid of it all." Well, he's lightened Boyd about 10 times now. So he's either senile or Berkshire is changing the way it does things. Probably a little bit of both.
Regarding Boyd, one of the reasons it can't get over $30 and hold, it's a pricey stock on a fundamental basis. I mean it's valued higher than TSLA, last time I looked at least.
That new Seagull... so that thing is like $12K US? That's pretty cheap. It must be stripped down. Does it come with airbags or seats at that price?
BYD Seagull was unveiled and started pre-sale on April 18 with a pre-sale starting price of RMB 78,800 and received more than 10,000 orders in 24 hours.

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