A Chinese Tesla rival, backed by Warren Buffett, is buying back its own shares to stop a stock-market slump

The BYD Seagull.Aly Song/ReutersBYD, a Tesla rival, is buying back around $28 million of its shares, per a stock-exchange filing.The company is close to overtaking Elon Musk's company as the…

Continue ReadingA Chinese Tesla rival, backed by Warren Buffett, is buying back its own shares to stop a stock-market slump