3.8 • 950 Ratings
🗓️ 22 September 2025
⏱️ 6 minutes
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | It's good to be with you on this Monday, September 22nd. I'm Julie Morgan. Berkshire wraps up a 17-year |
| 0:15.6 | bet on B-O-I-D. Nissan takes on Tesla, and Hamburger Hel helper is heating up again. |
| 0:23.5 | Berkshire Hathaway has ended a 17-year investment. |
| 0:27.3 | It has fully exited Chinese electric vehicle maker BYD. |
| 0:31.1 | This investment was recommended by Warren Buffett's longtime business partner Charlie Munger. |
| 0:37.4 | BYD's Hong Kong listed shares fell about |
| 0:40.0 | 3% on Monday. The investment giant had been pairing its stake in BYD for some time, reducing it to under 5% |
| 0:48.8 | last year, meaning it no longer had to disclose future stake sales under the rules of the Hong Kong Stock Exchange. |
| 0:56.3 | As of the final day of March, its investment value was disclosed as zero, according to an |
| 1:01.6 | exchange filing for Berkshire Hathaway Energy earlier this year. That's down from $415 million |
| 1:08.1 | at the end of 2024. Berkshire first invested in the EV maker in 2008, paying $230 million |
| 1:16.4 | for a 10% stake. According to CNBC, which first reported the exit, BYD shares gained around |
| 1:23.7 | 3,890% during the years Berkshire owned them. |
| 1:29.2 | Nissan Motor will launch the latest version of its pro-pilot driver-assist system in partnership |
| 1:34.8 | with wave technologies based in the UK. According to a Bloomberg report the rollout is expected |
| 1:41.4 | by March 28. While the system still operates at level two autonomy, |
| 1:47.1 | meaning the driver must remain ready to take control. It aims to be at par with Tesla's |
| 1:52.9 | FSD and functionality. A general manager in Nissan's assisted driving technology engineering department |
| 1:59.7 | said that they believe that theirs is smarter |
| 2:02.7 | than Tesla FSD, just not as polished as a product. They went on to say that its situational awareness |
| 2:09.8 | is close to human and that they believe that this technology will change lives. Unlike Tesla's system, |
... |
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