Charlie Munger says BYD is so far ahead of Tesla in China it's almost ridiculous

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Charlie Munger says BYD is so far ahead of Tesla in China it's almost ridiculous
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Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

"At the current price of BYD stock, little BYD is worth more than the entire Mercedes corporation. It's not a cheap stock, but on the other hand, it's a very remarkable company," Munger said.

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