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Technology Stocks : Tesla EVs - TSLA
TSLA 468.37+2.6%9:30 AM EST

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longz
To: Selectric II who wrote (26411)9/23/2025 3:31:27 PM
From: i-node1 Recommendation  Read Replies (1) of 26601
 
While I was a CPA for many years (I haven't practiced since around 2000), I never read nor did I understand financial statements based in China. I don't know the accounting rules, the standards, and certainly am not going to read the notes to said financial statements, which is what would be necessary to comment on BYD's situation.

That being said, when concerns appear, questions have to asked and answered and it not a good thing when Buffett bails because they do all those things I can't/won't.

The assumption has to be there are potentially significant problems given they allegedly have been positioned to claim the market and now Buffett is bailing out.

Something's up and the company's risk profile is simply too high (as is Tesla's) for the tastes of Berkshire.
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