Li Yunfei, the General Manager of the Branding and Public Relations Department at BYD Group, took to Weibo to clarify the situation regarding Berkshire Hathaway's investment in BYD. He stated that in August 2022, Berkshire Hathaway, the investment conglomerate led by Warren Buffett, commenced a gradual reduction of its shares in BYD—a stake it had initially acquired back in 2008. By June of the following year, Berkshire Hathaway's ownership in BYD had dwindled to less than 5%.

Li Yunfei underscored that the buying and selling of stocks constitute a regular facet of investment activities. He extended his heartfelt appreciation to Charlie Munger and Warren Buffett for their endorsement of BYD, as well as for their investment, unwavering support, and steadfast companionship over the past 17 years. Additionally, he lauded all long-term investors for their commitment. Prior to this, media outlets had reported that Berkshire Hathaway, under Buffett's stewardship, had completely divested its stake in BYD.