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Eli Lilly is now worth more than Tesla as the EV maker's stock spirals

Eli Lilly's valuation closed at $595 billion on Thursday, more than Tesla's $581 billion, as the EV…

Aruni Soni   


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BYD stock has tanked on fears that Warren Buffett is dumping the Chinese EV maker. Analysts are divided on whether he's selling.

Buffett's company might be preparing to cash out, pursuing a "funky trading strategy," or switching…

Theron Mohamed   


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Cheer up Elon – at least Tesla's still winning EV races in Scandinavia

Tesla is selling more cars than ever in Sweden and Norway despite an ongoing wave of industrial act…

Beatrice Nolan   


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A Chinese EV billionaire's wealth has plummeted 75% to $1.4 billion as aggressive price wars push customers to higher-tier cars — like Tesla or BYD

He Xiaopeng, the CEO of Xpeng, owns 20.5% of the company's Class A shares. The stock price has drop…

Huileng Tan   


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Warren Buffett's Berkshire Hathaway sells a million more BYD shares to realize huge profits in the Chinese EV maker

Buffett's ongoing share sales have weighed on BYD's stock price in recent months, but the stock is …

Matthew Fox   


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Biden is considering hiking import tariffs on Chinese EVs, new report says

Government officials are discussing hiking tariffs on Chinese EVs as they seek to protect the stutt…

Tom Carter   


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BYD stock plummets on fears Warren Buffett's Berkshire Hathaway may dump its position in the Chinese EV maker

About 225 million shares of BYD appeared in the Hong Kong stock exchange clearing system, matching …

Brian Evans   


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4 mins read

China's led the EV race – but it may be running out of charge

The world has woken up to China's control over the materials for electric-car batteries while a slu…

Nathan Rennolds   


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Elon Musk laughed at BYD in 2011. Warren Buffett's Berkshire Hathaway has made nearly 40 times its money on the Chinese EV stock.

Musk dismissed BYD as a Tesla rival, but Berkshire's $232 million bet on the automaker in 2008 has …

Theron Mohamed   


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Musk's latest threat from China is a new luxury EV built by one of its biggest smartphone firms

China's Xiaomi is best known for making smartphones. Its billionaire founder says electric vehicles…

Tom Carter   


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Warren Buffett's Berkshire Hathaway has sold about $600 million of Chinese EV maker BYD's stock in under 2 months

Buffett's company has trimmed its stake in the automaker by 8% since mid-July, making a roughly 35-…

Theron Mohamed   


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Warren Buffett's Berkshire Hathaway sells shares in Chinese EV maker BYD for the first time in 14 years - and rakes in a 3,400% profit

Buffett's company disposed of 1.3 million shares of the Chinese electric-vehicle maker for $47 mill…

Theron Mohamed   


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The 'Buffett Effect' has wiped about $35 billion off BYD's market value - as investors fear Warren Buffett will sell more shares of the Chinese EV maker

BYD stock tumbled by about 25% in a matter of weeks after Buffett's Berkshire Hathaway signaled it …

Theron Mohamed   


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Electric-car maker BYD sells $3.9 billion in stock after Tesla-led rally quintuples prices

The automaker - backed by legendary investor Warren Buffett - aims to use the funds to strengthen i…

Ben Winck   


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Berkshire Hathaway has cashed in at least $300 million in Tesla rival BYD stock in the past month - as Warren Buffett's 14-year bet continues to pay off

Warren Buffett's firm sold off more than 11 million shares in BYD last month, as it continues to re…

Ryan Hogg   


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3 mins read

How China can dominate the American EV market without selling a single car

China's electric-vehicle sales continue to grow. Naturally, industry experts think a move into the …

Alexa St. John   


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Tesla bull sees the stock soaring another 18% on higher EV demand in China and potential boost from adjustments to US tax credit

Tesla price cuts in China are bolstering demand while the "Twitter overhang" is moving into the bac…

Carla Mozée   


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Chinese EV stocks rise as Elon Musk says he sees Tesla's biggest rival coming from China after the company posts record results

"They work the hardest, and they work the smartest," Tesla CEO Elon Musk said of Chinese electric v…

Carla Mozée   


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3 of China's Tesla rivals had a record month, putting pressure on Elon Musk

Chinese EV makers Zeekr, Xpeng, and Li Auto announced record deliveries for September, intensifying…

Tom Carter   


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Tesla just stopped selling the cheapest version of the Model 3 in the US. An analyst called it 'a smart strategic move.'

Analyst Dan Ives said that Tesla discontinuing its cheapest Model 3 vehicle and focusing on other m…

Lian Kit Wee