Citadel Securities veteran will head new crypto 'trading ecosystem' whose backers include Sequoia, Charles Schwab
— Pollution, Crypto, Include, Backed byd, Sequoia, Trading, Elon musk, Stop, Musk, Schwab — 1 min read
Elon Musk once laughed at Warren Buffett-backed BYD. Now, the EV maker is on such a hot streak not even a pollution scandal can stop it. Elon Musk once joked about Warren Buffett's investment in BYD, but now he's on hot streak. The company is set to launch a range of electric cars in China in the next two years, starting at $1.5 billion in 2013. The first EV maker to be sold in China since 2010, BYD was founded by the Chinese firm of Shanghai-based BYD in 2012, but it is now owned by the U.S. electric car giant. The U.N. auto giant says it will launch its own electric car company in 2015, starting in 2015. Source