Charlie Munger Explains Why BYD Will Destroy Tesla Stock (TSLA)

Warren Buffett's partner Charlie Munger had invested in stock of BYD, the Chinese electric carmaker before most of us had even heard of Elon Musk or Tesla. In this video, Charlie offers his unique perspective on why BYD represented an attractive investment opportunity for Berkshire Hathaway.

[omaralvarez]

It Is mind blowing how more than a year ago Mr. Munger had invested in BYD way before it became the company that could kill all giant car manufacturers.

[SKG]

The largest construction project on the East Coast and maybe the country is for an electric car factory near Raleigh North Carolina.

[phillp]

when exactly was this ? Date ?
omg can't u mark label a date on videos tells when they were speaking... gzzzz

[UDONTCME]

They won't allow China to import these cars. If they do, auto manufacturing is done in the USA.

[Larry-liu]

Had foresight. How right he turned out to be.

[joemercs]

An instance where Charlie and Warren were lucky to be in the right place at the right time. While talking up the prospects of BYD they quietly reduced their own holdings in it.

[GalacticMarine]

These guys were completely wrong about Elon and Tesla! They don't know technology. They're out of their element now.

[washboardjim]

Why did you sell shares mr. long term holder. Starting to look real good now.

[lucisleesion]

BYD won't sell its cars in US, otherwise, the CEO will be kidnapped by US immediately after steeping out the plane.
Yes, I mean HuaWei

[j]

And now they've been selling BYD...

[noeldown]

The real question is - why are they selling it then?

[SupaChinido]

The best investment warren made is the investment in china😂

[rolandoreyes]

It's hard for me to understand how you can support Chinese manufacturing and ignore Tesla which is being made here in the USA? These guys are really trying to bury America's manufacturing industry. From now on, I will have Berkshire Hathaway on my boycott list. I suggest you do the same to save American products and jobs.

[SkankHuntForty]

Charlie Munger also said great things about BABA. And look how that turned out.

Somewhere down the road, he'll say: "I was charmed that BYD was an automaker. But it turns out they're just a battery maker."

[AlexMAGA]

Elon musk is a clown and will lay you off without notice

[peters]

Sadly the have not calculated in the CCP in that investment. One attack on Taiwan and this will be like investing in Russian funds. I have left that market.

[danerose]

It is a bit disgusting to me how little interest they have in building a great future for people and how low their vision is about electric vehicles and Elon Musk.

[MrGiggity]

BYD’s cars aren’t even electric vehicles. They have gas engines plus batteries 🤡🤡🤡

[cfpxkoy]

8 minutes of munger pushing a stock that i wouldn't touch with a 10 feet pole...

[dropdroppie]

OLD CONMAN WHY THEY SOLD ALL THEY BYD STOCKS ???