NIO Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on Wednesday, March 1, 2023

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Berkshire's Charlie Munger says BYD is so far ahead of Tesla (TSLA) 'it's almost ridiculous'

February 16, 2023 8:36 AM EST

Charlie Munger, vice chairman of Berkshire Hathaway, appeared at the Daily Journals virtual annual meeting Wednesday and spoke about the state of electric vehicles in China. The billionaire investment banker said on the show that Tesla (NASDAQ: TSLA) pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

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