Tesla falls behind China’s BYD as top EV maker after second year of declining sales
China’s BYD overtook Elon Musk’s Tesla as the world’s leading electric vehicle (EV) seller in 2025, as Tesla faced declining sales for a second year in a row. BYD said Thursday that it sold about 2.26 million EVs in 2025, up nearly 28 percent from the year before. In a release Friday, Tesla said it delivered about 1.64 million EVs last year, down around 9 percent from 2024. Musk’s EV firm also saw a…
China’s BYD overtook Elon Musk’s Tesla as the world’s leading electric vehicle (EV) seller in 2025, as Tesla faced declining sales for a second year in a row. BYD said Thursday that it sold about 2.26 million EVs in 2025, up nearly 28 percent from the year before. In a release Friday, Tesla said it delivered about 1.64 million EVs last year, down around 9 percent from 2024. Musk’s EV firm also saw a…