Warren Buffett just sold his entire stake in Tesla-rival BYD as profits fall and tariff questions rise

Piper Sandler has raised its price target for Tesla's stock from $400 to $500 following a recent trip to China. This adjustment reflects the firm's confidence in Tesla's growth potential in the Chinese market, which is crucial for the company's overall performance. Investors may see this as a positive sign, indicating that Tesla is well-positioned to capitalize on the increasing demand for electric vehicles in one of the world's largest automotive markets.

Berkshire Hathaway has increased its stake in Mitsui & Co. to 10% or more, signaling confidence in the Japanese trading company. This move is significant as it reflects Berkshire's strategy of investing in strong, diversified businesses, and it could lead to further collaboration between the two firms. Investors are likely to view this as a positive endorsement of Mitsui's potential for growth.

BYD, the Chinese electric vehicle manufacturer, is making significant strides in Spain by offering competitively low prices and rapidly expanding its presence in the market. This is important as it not only boosts the local economy but also encourages the adoption of electric vehicles, contributing to a greener future. With the automotive industry shifting towards sustainability, BYD's success could inspire other companies to follow suit.

Warren Buffett's Berkshire Hathaway has decided to exit its investment in China's BYD, a major player in the electric vehicle market. This move is significant as it reflects changing dynamics in the global investment landscape, particularly in the tech and automotive sectors. Buffett's decision may raise concerns about the future of electric vehicle investments in China, a market that has been pivotal for growth in recent years.

BYD shares have taken a hit following reports that Warren Buffett has completely exited his stake in the company. This news is significant as Buffett's investment decisions often influence market perceptions and investor confidence. The departure of such a high-profile investor raises concerns about the company's future prospects and could lead to further declines in share value.

Shares of BYD Co. dropped in Hong Kong following reports that Warren Buffett's investment firm has completely divested its stake in the electric vehicle manufacturer. This news has negatively impacted investor sentiment, raising concerns about the company's future prospects and market confidence.

Warren Buffett's Berkshire Hathaway has increased its stake in Mitsui & Co., signaling confidence in Japan's trading houses. This move highlights Buffett's belief in the potential of these companies to thrive, which could attract more investors to the Japanese market. As a major player in global investments, Buffett's actions often influence market trends, making this development significant for both investors and the broader economy.

In a surprising turn of events, Donald Trump and Elon Musk reunited at a memorial service for Kirk, showcasing a thaw in their previously strained relationship. This moment is significant as it highlights the potential for reconciliation between two influential figures in politics and technology, suggesting that past conflicts can be set aside for mutual respect and remembrance.

Recent analyst reports have highlighted significant movements in the AI sector, particularly focusing on Tesla's potential in 'physical AI,' which has led to a positive outlook for the company. Conversely, Intel has faced a downgrade, reflecting concerns about its current performance and future prospects. These developments are crucial as they indicate shifting investor sentiments and the evolving landscape of AI technology, impacting both companies' market positions.

Tesla is facing a challenging situation as the National Highway Traffic Safety Administration, which recently saw layoffs involving CEO Elon Musk, prepares to conduct a tough test on the company. This scrutiny is significant as it could impact Tesla's reputation and operations, especially in the wake of recent controversies surrounding safety regulations.

Parents are expressing outrage after discovering that Meta used Instagram photos of schoolgirls as young as 13 to promote its Threads platform to a 37-year-old man. This controversial advertising tactic has sparked significant backlash, with many calling it inappropriate and upsetting. The incident raises serious concerns about the ethics of targeting vulnerable demographics in marketing campaigns, especially when it involves minors. As social media continues to evolve, the responsibility of companies like Meta to protect young users becomes increasingly critical.

Tesla has received the green light to test its autonomous robotaxis in Arizona, marking a significant step forward in the development of self-driving technology. This approval not only showcases Tesla's commitment to innovation but also highlights Arizona's supportive regulatory environment for advanced transportation solutions. As the company moves closer to deploying these vehicles, it could revolutionize the way we think about urban mobility and reduce traffic congestion.

Thoma Bravo's acquisition of PROS Holdings for $1.4 billion marks a significant move in the software industry, highlighting the growing interest in tech companies by private-equity firms. This deal not only reflects the value of PROS Holdings but also indicates a robust market for software solutions, which are increasingly vital for businesses aiming to enhance their operations.

The approval of a second runway at Gatwick Airport is being hailed as a positive development, with proponents like Rachel Curley from the Prospect union suggesting it could lead to cheaper holidays for travelers. This expansion is expected to boost the local economy and create jobs, despite concerns raised by critics like Green Party's Zack Polanski, who calls it a disaster. The debate highlights the balance between economic growth and environmental impact, making it a significant topic in the ongoing discussion about infrastructure development in the UK.

Robert Jenrick, a prominent figure in UK politics, has garnered attention not just for his political career but also for his substantial net worth. This article delves into his life, exploring how his wealth intersects with his role in government. Understanding Jenrick's financial background is crucial as it sheds light on the influence of wealth in politics and raises questions about privilege and power dynamics within the UK government.

Jim Cramer recently shared his thoughts on the possibility of a Zohran Mamdani administration in New York during an episode of Odd Lots. He expressed skepticism about the city becoming like San Francisco under Mamdani's leadership. This commentary is significant as it reflects the ongoing discussions about the direction of New York's political landscape and the potential impact of new leadership.

The Indian government has expressed serious concerns over the recent decision to increase the H-1B visa fee to $100,000, a move that could have significant humanitarian consequences. With over 70% of H-1B visa holders being Indian citizens, this policy change could impact thousands of professionals seeking opportunities in the U.S. Additionally, the Chinese community, which constitutes about 12% of visa holders, may also feel the effects. This situation highlights the ongoing challenges faced by skilled workers in navigating immigration policies.

Strive, co-founded by former GOP presidential candidate Vivek Ramaswamy, is making headlines with its recent merger with Semler Scientific, a small tech company that went public on Nasdaq in September. This merger is significant as it highlights the growing intersection of technology and finance, particularly in the realm of Bitcoin treasuries. It reflects a strategic move to enhance Strive's portfolio and could potentially lead to innovative developments in the tech sector.