Tesla loses EV crown to China's BYD in 2025 as sales slipWASHINGTON, United States, Jan 3, 2026 (BSS/AFP) - Tesla's sales fell in 2025, the company reported Friday, ceding its position as the world's biggest electric vehicle maker for the year to Chinese auto giant BYD. Analysts had expected Tesla's sales in the final quarter to slow less, to 449,000, according to a FactSet consensus. Tesla has also been grappling with rising competition from BYD and other Chinese companies, and from European giants. Shenzhen-based BYD, which also produces hybrid cars, unveiled record EV sales in the past year on Thursday. Tesla only narrowly beat BYD in annual EV sales in 2024, with the US company's 1.79 million outpacing the latter's 1.76 million.
Source: Bangladesh Sangbad Sangstha January 03, 2026 05:22 UTC