Last updated: 2026-01-02 17:28:06 ET
Tesla annual sales have fallen for the second year in a row, a drop fueled by the removal of the federal tax credit in the U.S. and competition from Chinese automakers.
Sales at Elon Musk’s company slump after Donald Trump’s withdrawal of EV subsidiesChina’s BYD overtook Tesla as the world’s largest electric c...
The Elon Musk-owned automaker said Friday it recorded deliveries of 418,227 in the fourth quarter, down 16% from the same period last year.
BYD has officially taken Tesla's crown and become the world's largest EV seller
Full-year electric vehicle sales figures have dropped for 2025, revealing China's BYD is now officially global top dog.
Tesla's electric vehicle sales fell 9% in 2025 from a year ago amid the expiration of a $7,500 EV U.S. tax credit.
Tesla’s rough year took it to its second straight annual sales decline, and saw it lose its global EV sales leadership to China’s BYD.
China EV maker BYD has published preliminary sales data for 2025 that could put it ahead of Tesla when it comes to global sales.
BYD led China EV deliveries in 2025, though its December sales took a hit from the aggressive price war and weak domestic demand.
The milestone would cap an extraordinary rise for BYD, a company Tesla's Elon Musk once dismissed by laughing at their products.
