Charlie Munger steers clear of the brutal auto business - and says Elon Musk's archrival is better at the nuts and bolts of manufacturing

• Charlie Munger says he doesn't even try to invest in the extremely challenging auto industry.
• The famed investor spearheaded Berkshire Hathaway's bet on China's BYD, now a major EV manufacturer.
• Warren Buffett's business partner says BYD's CEO is better than Tesla's Elon Musk at making things.

Charlie Munger steers clear of the brutally tough automotive industry — and says the boss of Tesla-rival BYD is better than Elon Musk when it comes to the nuts and bolts of manufacturing.