Warren Buffett's right-hand man says Elon Musk is gifted but weird | Business Insider

Munger lauded BYD for growing rapidly in its home market and leaving Musk in the dust."BYD is so much ahead of Tesla in China it's almost ridiculous," he said.

The billionaire investor pointed out that Tesla cut its car prices in China last year, while BYD was able to raise prices. He also noted BYD's auto division made over $2 billion in after-tax profits in the country last year. "Who in the hell makes $2 billion as a brand-new entrant in the auto business, for all practical purposes?" Munger exclaimed."It's incredible what happened."

I’m didn’t need him to tell me. I’m ok with weird. You know , diversity etc.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Business Maverick: Buffett’s quick $3.7bn sale of TSMC stock spooks investorsThe legendary stock picker slashed his holding of Taiwan Semiconductor Manufacturing Co (TSMC) just months after disclosing a major stake, an unusually quick reversal by Buffett that’s chilling investor sentiment towards the chip giant.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »