I know nothing about EVs so I wouldn't be able to tell whether you're right or not, but
> or BYD, whose stock has been offloaded by Warren Buffet by 1/3 since august of last year?
Arguing that a company would fail because Warren Buffet no longer holds their stock seems a bit weak. Berkshire Hathaway doesn't hold a lot of stocks, but you wouldn't say most public companies are doomed to fail. And Berkshire doesn't hold any Telsa stock either.
In any case you might want to revisit your assumptions: https://www.cnbc.com/2023/02/15/charlie-munger-says-byd-is-f...
> If I had to put money on which EV company becomes the next major car company of the world, I would almost certainly bet that it's going to be a Chinese one.
Do you mean WM motor? one of the most promising startup https://www.autonews.com/china/wm-motor-pay-cuts-layoffs-sig... where at least 20 percent of WM Motor’s workforce has been laid off since November?
or Didi/Li auto venture? https://www.reuters.com/business/autos-transportation/chinas... which declared bankruptcy?
or Nio, whose stock was as high as $62, now below $10?
or BYD, whose stock has been offloaded by Warren Buffet by 1/3 since august of last year?
or China's car industry as a whole https://www.marklines.com/en/statistics/flash_sales/automoti..., whose production dropped 35% and sales dropped 34% in January 2023?
And why would a Chinese car company not be sanctioned/outlawed relating to the CHIP act, or something similar out of Europe?