Lightspeed raises $7.1B across four funds and forms new crypto fund with Blockchain Ventures vet

Buffett-backed BYD just surpassed Tesla in EV sales. Berkshire Hathaway may be preparing to sell its stake in the Chinese firm. Tesla's electric car maker's stock price has slumped to $1.2 billion in value since the company's announcement of the sale of its electric cars to Chinese firm BYD in 2013. Berkshire has been in talks with the Chinese company to sell a stake in BYD, which has more than a billion dollars in the U.S. Warren Buffett has invested in the company since 2000. The company is now owned by Warren Buffett and Warren Buffett's company, which owns more than 80 per cent of the world's electric cars and electric cars, according to a recent report. The firm is expected to close within a year. Source