While other companies rolling trucks of the cliff and hoping for silly contracts , this company is expanding worldwide , selling cars, buses , forklifts.
Long term add. Price at add $40
BYDDY
BYDDY Continues to be overlooked in the United States.
I originally provided information about BYD June 29th when the price was approx $15. Still a solid time to enter even now, Just need to find the entry point/
It usually follows the 50EMA, seems kind of over-extended right now, it should drop back to $38-$39.
Accounted for over 15% of all BEV's IN...
In light of TSLA and Workhorse and other EV successes, maybe this ADR is a worthy gamble. Buffet owns 10%.
There's Youtube video of Elon laughing at BYD in a Bloomberg interview, mainly because their cars are very boring and his aren't.
They were #2 in global EV sales in 2019.