BYD Overtakes Tesla as World's Leading EV Manufacturer
TL;DR Summary
Tesla lost its position as the world's top electric vehicle maker in 2025 due to declining sales caused by customer dissatisfaction, expiring tax credits, and increased competition from Chinese automaker BYD, which sold 2.26 million vehicles. Despite the sales drop, Tesla's stock rose slightly, as investors focus on Musk's future plans involving robotaxis, energy storage, and robotics, with the company preparing for potential new revenue streams and a significant pay package for Musk.
- Tesla loses title as world's biggest electric vehicle maker as sales fall for second year in a row AP News
- The world has a new EV king. It’s not Tesla CNN
- Tesla Is No Longer the Top EV Seller. Why Is It Losing Ground Around the World? Bloomberg.com
- Tesla Car Sales Dropped 9% in 2025, Falling Behind China’s BYD The New York Times
- China’s BYD overtakes Tesla as world’s top EV seller for the first time CNBC
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